Estonia: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in Estonia

In 2022, the Estonian cotton table linen market increased by 26% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, faced a abrupt shrinkage. Cotton table linen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cotton Table Linen Production in Estonia

In value terms, cotton table linen production surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt descent. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cotton Table Linen Exports

Exports from Estonia

Cotton table linen exports from Estonia fell markedly to X kg in 2022, shrinking by -47.8% on the previous year's figure. Over the period under review, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2017 with an increase of 114% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton table linen exports declined dramatically to $X in 2022. Overall, exports recorded a significant decrease. The growth pace was the most rapid in 2017 with an increase of 130%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X kg), Finland (X kg) and Italy (X kg) were the main destinations of cotton table linen exports from Estonia, together comprising 94% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +291.5%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cotton table linen exported from Estonia were Norway ($X), Finland ($X) and the United States ($X), with a combined 82% share of total exports. Italy, Latvia and Sweden lagged somewhat behind, together comprising a further 17%.

Italy, with a CAGR of +267.4%, recorded 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

The average cotton table linen export price stood at $X per ton in 2022, falling by -27% against the previous year. In general, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 Russia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Table Linen Imports

Imports into Estonia

In 2022, supplies from abroad of table linen of cotton increased by 12% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 133%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cotton table linen imports totaled $X in 2022. Overall, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 104% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest cotton table linen supplier to Estonia, accounting for a 44% share of total imports. Moreover, cotton table linen imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Latvia (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.1% per year) and Latvia (+24.5% per year).

In value terms, India ($X) constituted the largest supplier of table linen of cotton to Estonia, comprising 43% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Latvia, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from India stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.7% per year) and Latvia (+24.2% per year).

Import Prices by Country

The average cotton table linen import price stood at $X per ton in 2022, shrinking by -5.8% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.3% 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 2015 an increase of 63% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform