Asia: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in Asia

In 2022, the Asian cotton table linen market increased by 12% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a slight slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Cotton Table Linen Production in Asia

In value terms, cotton table linen production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cotton Table Linen Exports

Exports in Asia

In 2022, approx. X tons of table linen of cotton were exported in Asia; waning by -22.3% compared with 2021. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 34% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cotton table linen exports contracted to $X in 2022. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) and Pakistan (X tons) represented roughly 70% of total exports in 2022. India (X tons) ranks next in terms of the total exports with a 14% share, followed by Bangladesh (6.8%) and Turkey (6.4%).

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +9.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X), Pakistan ($X) and India ($X) were the countries with the highest levels of exports in 2022, together accounting for 83% of total exports. Turkey and Bangladesh lagged somewhat behind, together accounting for a further 13%.

Bangladesh, with a CAGR of +11.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, surging by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 an increase of 23%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Turkey ($X per ton) and China ($X per ton), while Bangladesh ($X per ton) and Pakistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the other leaders experienced more modest paces of growth.

Cotton Table Linen Imports

Imports in Asia

In 2022, purchases abroad of table linen of cotton increased by 18% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, imports, however, recorded a slight decline. The growth pace was the most rapid in 2015 with an increase of 30% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, cotton table linen imports totaled $X in 2022. Overall, imports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X tons), distantly followed by Kyrgyzstan (X tons), South Korea (X tons), the United Arab Emirates (X tons), Malaysia (X tons), China (X tons), Singapore (X tons) and Kazakhstan (X tons) were the key importers of table linen of cotton, together generating 70% of total imports. Hong Kong SAR (X tons), Israel (X tons), Jordan (X tons), Qatar (X tons) and Turkey (X tons) took a little share of total imports.

Imports into Japan decreased at an average annual rate of -4.9% from 2012 to 2022. At the same time, Kyrgyzstan (+61.0%), Jordan (+23.5%), South Korea (+13.5%), China (+4.1%), Malaysia (+3.8%), Qatar (+2.2%) and Israel (+1.1%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Asia, with a CAGR of +61.0% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, Singapore (-1.8%), the United Arab Emirates (-2.3%), Turkey (-5.7%) and Hong Kong SAR (-12.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, South Korea, Malaysia, China and Jordan increased by +10, +5.7, +2.6, +2.6 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported table linen of cotton in Asia, comprising 27% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 10% share of total imports. It was followed by South Korea, with a 7.9% share.

In Japan, cotton table linen imports plunged by an average annual rate of -5.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-1.4% per year) and South Korea (+14.9% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, which is down by -7.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 20%. The level of import peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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