Canada: Market for Bed Linen Of Cotton 2024

Market Size for Bed Linen Of Cotton in Canada

In 2022, the Canadian bed linen of cotton market increased by 9% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Exports of Bed Linen Of Cotton

Exports from Canada

In 2022, shipments abroad of bed linen of cotton was finally on the rise to reach X tons after two years of decline. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 69% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, bed linen of cotton exports shrank slightly to $X in 2022. In general, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.7% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 78% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for bed linen of cotton exports from Canada, with a approx. 97% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +6.2%.

In value terms, the United States ($X) also remains the key foreign market for bed linen of cotton exports from Canada.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +5.0%.

Export Prices by Country

The average bed linen of cotton export price stood at $X per ton in 2022, waning by -9.6% against the previous year. Overall, the export price recorded a slight curtailment. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.1% per year.

Imports of Bed Linen Of Cotton

Imports into Canada

In 2022, supplies from abroad of bed linen of cotton increased by 0.8% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, bed linen of cotton imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 44%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

India (X tons), China (X tons) and Pakistan (X tons) were the main suppliers of bed linen of cotton imports to Canada, together comprising 70% of total imports. Portugal, Bangladesh, the United States and Cambodia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +25.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Pakistan ($X) were the largest bed linen of cotton suppliers to Canada, together accounting for 70% of total imports. Portugal, Bangladesh, the United States and Cambodia lagged somewhat behind, together accounting for a further 25%.

Cambodia, with a CAGR of +24.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bed linen of cotton import price amounted to $X per ton, increasing by 9.8% against the previous year. Overall, the import price, however, saw a mild contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and India ($X per ton), while the price for 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 Bangladesh (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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