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

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

In 2021, after seven years of growth, there was significant decline in the Irish market for table linen of knitted or crocheted textiles, when its value decreased by -91.2% to $X. In general, consumption saw a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2020, and then declined markedly in the following year.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Ireland

In 2021, the amount of table linen of knitted or crocheted textiles exported from Ireland skyrocketed to X kg, with an increase of 3,000% compared with the year before. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 9,700%. Over the period under review, the exports attained the peak figure at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile exports surged to $X in 2021. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 18,550%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for table linen of crocheted textile exports from Ireland, accounting for a 56% share of total exports. Moreover, table linen of crocheted textile exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), sixfold. Colombia (X kg) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+36.4% per year) and Colombia (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for table linen of knitted or crocheted textiles exports from Ireland, comprising 64% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 8.9% share of total exports. It was followed by Canada, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+65.5% per year) and Canada (-3.1% 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, growing by 30% against the previous year. Over the period under review, the export price showed resilient growth. The pace of growth was the most pronounced in 2020 an increase of 241% against the previous year. The export price peaked in 2021 and is likely to see steady 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 ($X per ton), while the average price for exports to Colombia ($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 the UK (+19.5%), 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 Ireland

After seven years of growth, supplies from abroad of table linen of knitted or crocheted textiles decreased by -93.2% to X tons in 2021. Overall, imports showed a slight descent. The pace of growth was the most pronounced in 2014 with an increase of 158% against the previous year. Imports peaked at X tons in 2020, and then declined markedly in the following year.

In value terms, table linen of crocheted textile imports contracted sharply to $X in 2021. In general, imports showed a slight slump. The most prominent rate of growth was recorded in 2014 when imports increased by 83% against the previous year. Imports peaked at $X in 2020, and then fell notably in the following year.

Imports by Country

In 2021, Italy (X tons) constituted the largest table linen of crocheted textile supplier to Ireland, with a 34% share of total imports. Moreover, table linen of crocheted textile imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Spain (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.5% per year) and Spain (+109.9% per year).

In value terms, the largest table linen of crocheted textile suppliers to Ireland were Italy ($X), the Netherlands ($X) and India ($X), with a combined 50% share of total imports. These countries were followed by Poland, the UK, Spain, Portugal, Belgium and Denmark, which together accounted for a further 40%.

Spain, with a CAGR of +99.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for table linen of knitted or crocheted textiles amounted to $X per ton, growing by 59% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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