Portugal: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in Portugal

In 2022, the Portuguese cotton table linen market increased by 4.1% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption showed a mild increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Cotton Table Linen Production in Portugal

In value terms, cotton table linen production expanded significantly to $X in 2022 estimated in export price. In general, production, however, recorded a mild descent. The pace of growth was the most pronounced in 2017 with an increase of 112% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Cotton Table Linen Exports

Exports from Portugal

For the third year in a row, Portugal recorded growth in overseas shipments of table linen of cotton, which increased by 13% to X tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 25%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, cotton table linen exports rose remarkably to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 26%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main destinations of cotton table linen exports from Portugal, with a combined 71% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +13.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and the United States ($X) constituted the largest markets for cotton table linen exported from Portugal worldwide, together accounting for 62% of total exports. Germany, the UK, Switzerland, Denmark, Italy, Canada and Angola lagged somewhat behind, together comprising a further 30%.

Germany, with a CAGR of +11.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cotton table linen export price amounted to $X per ton, dropping by -3.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Canada ($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 Italy (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Table Linen Imports

Imports into Portugal

In 2022, supplies from abroad of table linen of cotton increased by 6.9% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 25%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cotton table linen imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 29%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), Germany (X tons) and France (X tons) were the main suppliers of cotton table linen imports to Portugal, together comprising 76% of total imports. India, Egypt, Belgium, the Netherlands and Pakistan lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +32.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of table linen of cotton to Portugal, comprising 41% of total imports. The second position in the ranking was held by France ($X), with a 19% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+24.2% per year) and Germany (+15.4% per year).

Import Prices by Country

The average cotton table linen import price stood at $X per ton in 2022, increasing by 6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 an increase of 7.5%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Belgium ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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