Domestic technical textiles Industry Segment-wise consumption of ...

prices in the last few years have shown an increasing trend. Due to the high awareness about its
advantages and higher exports, the FIBC production in India is expected to grow at over 20% y-o-y.
Many of the existing regular HDPE/PP bag manufacturers are now moving to Jumbo bags. Currently,
FIBC produced in India is primarily exported. The key exports markets are USA and Europe, which
comprise approximately 2/3rd of the global demand. There is a small market in Australia as well. The
requirement of FIBC in India is primarily in West Bengal by Mitsubishi PTA and South Asian
Petrochemicals with a combined requirement of 675,000 pieces per year. With Mitsubishi gearing up
for a new PTA plant in Haldia by end of 2008, the requirement is likely to go up to 1 million pieces of
FIBC per year. The other consumers of FIBC in India are large chemical companies like Birla
Cellulosic, Lion Chemicals, Gujarat Heavy Chemicals, etc. their combined annual requirement will be
of the order of 100,000 pieces per year. The domestic demand for FIBC in India is likely to grow at 7-
8% p.a. in line with industrial growth rate.
The current and future forecast of FIBC consumption is given below:-
Market size for FIBC 2007-08 2012-13
Quantity 0.15 million MT 0.45 million MT
Value Rs 1,500 crore Rs 5,000 crore
Imports & Exports of FIBC
The estimated import figures for FIBC are as given below:-
HS Code Description
63053200,
63053300
FIBC
Source: Industry survey, IMaCS Analysis
Imports
Quantity
Imports
(in Rs crore)
2007-08(E) 2007-08(E)
1700 - 1800
pieces
Rs 0.30 crore
Source: IBIS, DGCIS, IMaCS Analysis
* Note: It also includes woven sacks
The imports of FIBC are very few. Around 90% of the imports are from Germany and the rest from
China.
The estimated export figures for FIBC are as given below:-
HS Code Description
Exports
Quantity
Exports
(in Rs crore)
2007-08(E) 2007-08(E)