Ecuador: Table Linen Market 2024

Table Linen Market Size in Ecuador

The Ecuadorian table linen market rose to $X in 2022, growing by 4.1% against the previous year. In general, consumption, however, saw a perceptible contraction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Table Linen Production in Ecuador

In value terms, table linen production expanded slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2015 with an increase of 26%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Table Linen Exports

Exports from Ecuador

In 2022, shipments abroad of table linen, knitted or crocheted was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 308%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, table linen exports totaled $X in 2022. Overall, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 331% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for table linen exports from Ecuador, accounting for a 42% share of total exports. Moreover, table linen exports to the United States exceeded the volume sent to the second major destination, Panama (X kg), threefold. Guatemala (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+3.7% per year) and Guatemala (+5.8% per year).

In value terms, the United States ($X) remains the key foreign market for table linen, knitted or crocheted exports from Ecuador, comprising 32% of total exports. The second position in the ranking was taken by Venezuela ($X), with a 13% share of total exports. It was followed by Panama, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (-13.7% per year) and Panama (+6.1% per year).

Export Prices by Country

The average table linen export price stood at $X per ton in 2022, with a decrease of -6.9% against the previous year. In general, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 51%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Table Linen Imports

Imports into Ecuador

In 2022, overseas purchases of table linen, knitted or crocheted were finally on the rise to reach X tons after two years of decline. In general, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2015 with an increase of 62% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, table linen imports rose modestly to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 73% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of table linen to Ecuador, with a 56% share of total imports. Moreover, table linen imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Pakistan (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.3% per year) and Pakistan (-5.7% per year).

In value terms, China ($X) constituted the largest supplier of table linen, knitted or crocheted to Ecuador, comprising 54% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Brazil, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.1% per year) and Brazil (+15.7% per year).

Import Prices by Country

In 2022, the average table linen import price amounted to $X per ton, surging by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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