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

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

The Egyptian market for table linen of knitted or crocheted textiles rose rapidly to $X in 2021, picking up by 9.1% against the previous year. In general, consumption, however, showed a pronounced downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in Egypt

In value terms, table linen of crocheted textile production rose sharply to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable decline. The growth pace was the most rapid in 2019 with an increase of 47%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Egypt

In 2021, exports of table linen of knitted or crocheted textiles from Egypt reduced markedly to X tons, dropping by -48.4% against the previous year. Overall, exports, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2015 with an increase of 497%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, table linen of crocheted textile exports fell significantly to $X in 2021. In general, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2015 when exports increased by 556% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Switzerland (X tons) and Germany (X kg) were the main destinations of table linen of crocheted textile exports from Egypt, with a combined 62% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +125.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for table linen of crocheted textile exported from Egypt were Spain ($X), Switzerland ($X) and the United States ($X), with a combined 66% share of total exports.

Switzerland, with a CAGR of +120.3%, recorded the highest growth rate of 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, surging by 9.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2020 an increase of 29%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 Italy (+36.0%), 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 Egypt

In 2021, the amount of table linen of knitted or crocheted textiles imported into Egypt fell dramatically to X tons, which is down by -86.4% compared with the previous year's figure. In general, imports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2020 when imports increased by 215%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, table linen of crocheted textile imports declined sharply to $X in 2021. Over the period under review, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 298% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of table linen of crocheted textile to Egypt, accounting for a 100% share of total imports. It was followed by China (X kg), with a 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at -3.0%.

In value terms, Turkey ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to Egypt, comprising 100% of total imports. The second position in the ranking was held by China ($X), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +7.7%.

Import Prices by Country

The average import price for table linen of knitted or crocheted textiles stood at $X per ton in 2021, declining by -5% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, table linen of crocheted textile import price increased by +44.5% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 41%. The import price peaked at $X per ton in 2014; however, from 2015 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 Turkey ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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