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

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

The Bangladeshi market for table linen of knitted or crocheted textiles skyrocketed to $X in 2021, picking up by 23% against the previous year. Over the period under review, consumption, however, showed a noticeable shrinkage. Table linen of crocheted textile consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in Bangladesh

In value terms, table linen of crocheted textile production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2019 when the production volume increased by 39% against the previous year. Table linen of crocheted textile production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Bangladesh

In 2021, overseas shipments of table linen of knitted or crocheted textiles increased by 93% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2016 with an increase of 1,187%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile exports soared to $X in 2021. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 1,112%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for table linen of crocheted textile exports from Bangladesh, accounting for a 68% share of total exports. Moreover, table linen of crocheted textile exports to Australia exceeded the volume sent to the second major destination, China (X kg), eightfold. The third position in this ranking was taken by the United States (X kg), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (0.0% per year) and the United States (-30.3% per year).

In value terms, the largest markets for table linen of crocheted textile exported from Bangladesh were France ($X), Australia ($X) and China ($X), together comprising 59% of total exports. The United States, the UK, Saudi Arabia, Japan, Canada and Mexico lagged somewhat behind, together accounting for a further 30%.

Saudi Arabia, with a CAGR of +15.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for table linen of knitted or crocheted textiles amounted to $X per ton, jumping by 99% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Australia ($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 Canada (+27.4%), 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 Bangladesh

Table linen of crocheted textile imports into Bangladesh contracted to X tons in 2021, falling by -12.2% against 2020 figures. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 2,162% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile imports dropped notably to $X in 2021. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 3,287% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of table linen of crocheted textile to Bangladesh, accounting for a 93% share of total imports. Moreover, table linen of crocheted textile imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -19.8%.

In value terms, China ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to Bangladesh, comprising 96% of total imports. The second position in the ranking was taken by India ($X), with a 3.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -11.2%.

Import Prices by Country

The average import price for table linen of knitted or crocheted textiles stood at $X per ton in 2021, which is down by -5.5% against the previous year. Overall, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 97% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%).

Source: IndexBox Platform

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