Argentina: Market for Table Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Argentina

The Argentinian market for table linen of knitted or crocheted textiles soared to $X in 2021, growing by 22% against the previous year. Overall, consumption, however, saw a slight slump. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in Argentina

In value terms, table linen of crocheted textile production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 92%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Argentina

In 2021, overseas shipments of table linen of knitted or crocheted textiles increased by 650% to X kg for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, showed a pronounced contraction. Over the period under review, the exports hit record highs at X kg in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, table linen of crocheted textile exports surged to $X in 2021. In general, exports continue to indicate slight growth. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for table linen of crocheted textile exports from Argentina, accounting for a 42% share of total exports. Moreover, table linen of crocheted textile exports to France exceeded the volume sent to the second major destination, Switzerland (X kg), threefold. The third position in this ranking was held by the United States (X kg), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +38.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (0.0% per year) and the United States (0.0% per year).

In value terms, the largest markets for table linen of crocheted textile exported from Argentina were Switzerland ($X), Germany ($X) and Japan ($X), with a combined 75% share of total exports.

Among the main countries of destination, Germany, with a CAGR of +33.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for table linen of knitted or crocheted textiles amounted to $X per ton, increasing by 35% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 62%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports into Argentina

In 2021, after three years of decline, there was significant growth in supplies from abroad of table linen of knitted or crocheted textiles, when their volume increased by 341% to X tons. In general, imports enjoyed perceptible growth. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, table linen of crocheted textile imports surged to $X in 2021. Overall, imports showed noticeable growth. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest table linen of crocheted textile supplier to Argentina, with a 89% share of total imports. Moreover, table linen of crocheted textile imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +6.1%.

In value terms, China ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to Argentina, comprising 86% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +8.5%.

Import Prices by Country

In 2021, the average import price for table linen of knitted or crocheted textiles amounted to $X per ton, dropping by -3.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.2%).

Source: IndexBox Platform

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