Iceland: Table Linen Market 2020

Table Linen Market Size in Iceland

The revenue of the table linen market in Iceland amounted to $X in 2018, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, table linen consumption continues to indicate a slight decrease. The growth pace was the most rapid in 2016 when the market value increased by X% year-to-year. Iceland table linen consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Table Linen Exports

Exports from Iceland

In 2018, the amount of table linen, knitted or crocheted exported from Iceland totaled X kg, shrinking by -X% against the previous year. Overall, table linen exports continue to indicate a deep decrease. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Iceland exports peaked at X kg in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, table linen exports amounted to $X in 2018. In general, table linen exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

China was the main exporter of table linen, knitted or crocheted in the world, with the volume of exports reaching X tons, which was near X% of total exports in 2018. India (X tons) occupied the second position in the ranking, distantly followed by Pakistan (X tons). All these countries together occupied near X% share of total exports. The following exporters - Germany (X tons), Turkey (X tons), Belgium (X tons), Mexico (X tons) and France (X tons) - each resulted at a X% share of total exports.

China was also the fastest-growing in terms of the table linen, knitted or crocheted exports, with a CAGR of +X% from 2007 to 2018. At the same time, France (+X%) and Belgium (+X%) displayed positive paces of growth. Germany, Pakistan and Turkey experienced a relatively flat trend pattern. By contrast, India (-X%) and Mexico (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global exports, while Mexico and India saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest table linen supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, table linen exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: India (-X% per year) and Germany (+X% per year).

Export Prices by Country

The table linen export price in Iceland stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the table linen export price continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Over the period under review, the export prices for table linen, knitted or crocheted reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Mexico ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Table Linen Imports

Imports into Iceland

In 2018, the amount of table linen, knitted or crocheted imported into Iceland amounted to X tons, falling by -X% against the previous year. Over the period under review, table linen imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, table linen imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, table linen imports amounted to $X in 2018. In general, table linen imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. was the largest importing country with an import of about X tons, which finished at X% of total imports. Germany (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by France (X%) and Italy (X%). Belgium (X tons), the UK (X tons), Canada (X tons), the Netherlands (X tons), Poland (X tons), Spain (X tons) and Japan (X tons) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of table linen, knitted or crocheted imports. At the same time, Poland (+X%), the Netherlands (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France, Germany and Canada experienced a relatively flat trend pattern. By contrast, Italy (-X%), Spain (-X%), Japan (-X%) and the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the UK decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported table linen, knitted or crocheted into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., table linen imports remained relatively stable over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and France (-X% per year).

Import Prices by Country

In 2018, the table linen import price in Iceland amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. Iceland import price peaked at $X per ton in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform