Asia-Pacific: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2024

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Asia-Pacific

The Asia-Pacific market for bed linen of other woven textiles and non-woven man-made fibres surged to $X in 2022, with an increase of 83% against the previous year. In general, consumption saw strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Asia-Pacific

In value terms, production of bed linen of other woven textiles and non-woven man-made fibres totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 18%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports in Asia-Pacific

After six years of growth, shipments abroad of bed linen of other woven textiles and non-woven man-made fibres decreased by -34.4% to X tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 29% against the previous year. The volume of export peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres reduced rapidly to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

China prevails in fibres structure, recording X tons, which was approx. 88% of total exports in 2022. It was distantly followed by Pakistan (X tons), making up an 8.1% share of total exports. India (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the bed linen of other woven textiles and non-woven man-made fibres exports, with a CAGR of +2.5% from 2012 to 2022. India (-1.7%) and Pakistan (-7.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +13 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest bed linen of other woven textiles and non-woven man-made fibres supplier in Asia-Pacific, comprising 88% of total exports. The second position in the ranking was held by Pakistan ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China stood at +2.9%. In the other countries, the average annual rates were as follows: Pakistan (-8.5% per year) and India (-0.2% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, picking up by 12% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports in Asia-Pacific

In 2022, approx. X tons of bed linen of other woven textiles and non-woven man-made fibres were imported in Asia-Pacific; leveling off at 2021. The total import volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 23% against the previous year. The volume of import peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres expanded notably to $X in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Australia was the largest importer of bed linen of other woven textiles and non-woven man-made fibres in Asia-Pacific, with the volume of imports reaching X tons, which was near 32% of total imports in 2022. Japan (X tons) ranks second in terms of the total imports with a 17% share, followed by Malaysia (13%), Thailand (13%) and South Korea (5.2%). The following importers - New Zealand (X tons) and Taiwan (Chinese) (X tons) - together made up 7.6% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by South Korea (with a CAGR of +17.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Japan ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2022, together accounting for 72% of total imports. South Korea, New Zealand, Taiwan (Chinese) and Thailand lagged somewhat behind, together accounting for a further 16%.

South Korea, with a CAGR of +21.0%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, growing by 5.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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