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

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

The South Asian market for table linen of knitted or crocheted textiles surged to $X in 2021, growing by 16% against the previous year. Overall, consumption, however, showed a pronounced contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, table linen of crocheted textile production rose markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 36% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports in Southern Asia

In 2021, approx. X tons of table linen of knitted or crocheted textiles were exported in Southern Asia; surging by 13% on the previous year's figure. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 60% against the previous year. Over the period under review, the exports reached the peak figure 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 skyrocketed to $X in 2021. In general, exports showed resilient growth. The growth pace was the most rapid in 2017 when exports increased by 68% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

India represented the main exporter of table linen of knitted or crocheted textiles in Southern Asia, with the volume of exports recording X tons, which was approx. 74% of total exports in 2021. It was distantly followed by Pakistan (X tons), comprising a 26% share of total exports.

Exports from India increased at an average annual rate of +10.2% from 2012 to 2021. At the same time, Pakistan (+14.0%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +14.0% from 2012-2021. From 2012 to 2021, the share of Pakistan increased by +5.5 percentage points.

In value terms, India ($X) remains the largest table linen of crocheted textile supplier in Southern Asia, comprising 81% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 19% share of total exports.

In India, table linen of crocheted textile exports expanded at an average annual rate of +16.4% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, with an increase of 6.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2014 when the export price increased by 26%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.7%).

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports in Southern Asia

In 2021, purchases abroad of table linen of knitted or crocheted textiles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep setback. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, table linen of crocheted textile imports surged to $X in 2021. Overall, imports, however, saw a slight contraction. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India was the major importer of table linen of knitted or crocheted textiles in Southern Asia, with the volume of imports reaching X tons, which was near 67% of total imports in 2021. Maldives (X tons) held the second position in the ranking, followed by Nepal (X tons) and Bangladesh (X tons). All these countries together held near 29% share of total imports. Sri Lanka (X kg) followed a long way behind the leaders.

India was also the fastest-growing in terms of the table linen of knitted or crocheted textiles imports, with a CAGR of +4.8% from 2012 to 2021. Nepal experienced a relatively flat trend pattern. Maldives (-3.1%), Sri Lanka (-13.1%) and Bangladesh (-19.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India, Nepal and Maldives increased by +42, +4.1 and +3.6 percentage points, respectively.

In value terms, the largest table linen of crocheted textile importing markets in Southern Asia were India ($X), Maldives ($X) and Nepal ($X), together accounting for 95% of total imports.

India, with a CAGR of +5.7%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, shrinking by -4.6% against the previous year. Import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, table linen of crocheted textile import price increased by +73.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by 67%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+10.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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