Southern Asia: Market for Bed Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Bed Linen Of Knitted Or Crocheted Textiles in Southern Asia

The South Asian market for bed linen of knitted or crocheted textiles reached $X in 2022, with an increase of 7.1% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Bed Linen Of Knitted Or Crocheted Textiles in Southern Asia

In value terms, production of bed linen of knitted or crocheted textiles totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 18%. Over the period under review, production of hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports in Southern Asia

In 2022, the amount of bed linen of knitted or crocheted textiles exported in Southern Asia contracted to X tons, which is down by -10.2% on the previous year. The total export volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, exports of bed linen of knitted or crocheted textiles fell modestly to $X in 2022. The total export value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 25%. Over the period under review, the exports of reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Pakistan prevails in textiles structure, resulting at X tons, which was approx. 98% of total exports in 2022. India (X tons) took a minor share of total exports.

Pakistan was also the fastest-growing in terms of the bed linen of knitted or crocheted textiles exports, with a CAGR of +5.2% from 2012 to 2022. India (-11.8%) illustrated a downward trend over the same period. Pakistan (+13 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -8.3% from 2012 to 2022, respectively.

In value terms, Pakistan ($X) remains the largest bed linen of knitted or crocheted textiles supplier in Southern Asia, comprising 97% of total exports. The second position in the ranking was taken by India ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Pakistan totaled +6.1%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by 10% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 24% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%).

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports in Southern Asia

In 2022, imports of bed linen of knitted or crocheted textiles in Southern Asia dropped remarkably to X tons, declining by -47.3% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of bed linen of knitted or crocheted textiles shrank sharply to $X in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Maldives (X tons) was the key importer of bed linen of knitted or crocheted textiles, making up 43% of total imports. Pakistan (X tons) took the second position in the ranking, distantly followed by India (X tons) and Nepal (X tons). All these countries together held approx. 46% share of total imports. Afghanistan (X tons), Sri Lanka (X tons) and Bangladesh (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of +17.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Maldives ($X) and India ($X) constituted the countries with the highest levels of imports in 2022, with a combined 79% share of total imports. Nepal, Bangladesh, Sri Lanka and Afghanistan lagged somewhat behind, together comprising a further 20%.

In terms of the main importing countries, Nepal, with a CAGR of +12.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2018 when the import price increased by 37% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+14.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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