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

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

The Indian market for table linen of knitted or crocheted textiles rose markedly to $X in 2021, increasing by 14% against the previous year. Over the period under review, consumption, however, showed a slight shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Table Linen Of Knitted Or Crocheted Textiles in India

In value terms, table linen of crocheted textile production totaled $X in 2021 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 27%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from India

In 2021, approx. X tons of table linen of knitted or crocheted textiles were exported from India; picking up by 3.9% compared with 2020. Over the period under review, exports saw a prominent increase. The growth pace was the most rapid in 2017 with an increase of 93% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, table linen of crocheted textile exports stood at $X in 2021. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 101%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for table linen of crocheted textile exports from India, accounting for a 45% share of total exports. Moreover, table linen of crocheted textile exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.3% per year) and Italy (+4.5% per year).

In value terms, the United States ($X) remains the key foreign market for table linen of knitted or crocheted textiles exports from India, comprising 46% of total exports. The second position in the ranking was taken by Germany ($X), with an 8.3% share of total exports. It was followed by the UK, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+6.9% per year) and the UK (+25.1% per year).

Export Prices by Country

In 2021, the average export price for table linen of knitted or crocheted textiles amounted to $X per ton, increasing by 9.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.7%. The most prominent rate of growth was recorded in 2014 an increase of 32%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to South Africa ($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 (+11.6%), 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 India

In 2021, supplies from abroad of table linen of knitted or crocheted textiles was finally on the rise to reach X tons after three years of decline. Overall, imports enjoyed a pronounced increase. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, table linen of crocheted textile imports skyrocketed to $X in 2021. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 585% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest table linen of crocheted textile supplier to India, with a 49% share of total imports. Moreover, table linen of crocheted textile imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Sri Lanka (X tons), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+71.9% per year) and Sri Lanka (+125.1% per year).

In value terms, Germany ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to India, comprising 53% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 26% share of total imports. It was followed by the United States, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+154.8% per year) and the United States (+59.3% per year).

Import Prices by Country

In 2021, the average import price for table linen of knitted or crocheted textiles amounted to $X per ton, reducing by -37.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 120%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then shrank dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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