Spain: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in Spain

The Spanish cotton table linen market shrank modestly to $X in 2022, dropping by -3% against the previous year. Overall, consumption continues to indicate a abrupt descent. Cotton table linen consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Cotton Table Linen Production in Spain

In value terms, cotton table linen production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of 19% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Cotton Table Linen Exports

Exports from Spain

In 2022, overseas shipments of table linen of cotton increased by 12% to X tons, rising for the second year in a row after three years of decline. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.8% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 44% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton table linen exports surged to $X in 2022. Overall, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of cotton table linen exports from Spain, with a combined 40% share of total exports. The United States, Portugal, Germany, Poland, Canada, Saudi Arabia, Belgium, the UK, Greece and Mexico lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +42.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and the United States ($X) were the largest markets for cotton table linen exported from Spain worldwide, together accounting for 39% of total exports. Portugal, Saudi Arabia, Germany, Poland, Canada, the UK, the Netherlands, Belgium, Greece and Mexico lagged somewhat behind, together accounting for a further 40%.

Canada, with a CAGR of +41.5%, saw the highest growth rate of 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

The average cotton table linen export price stood at $X per ton in 2022, rising by 26% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the Netherlands ($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 the UK (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Table Linen Imports

Imports into Spain

In 2022, cotton table linen imports into Spain was estimated at X tons, remaining constant against the year before. In general, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.7% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by 94% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, cotton table linen imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 39%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Portugal (X tons) and Pakistan (X tons) were the main suppliers of cotton table linen imports to Spain, together accounting for 69% of total imports. Bangladesh, China, Turkey, Egypt, France and Italy lagged somewhat behind, together accounting for a further 26%.

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 +56.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton table linen suppliers to Spain were India ($X), Portugal ($X) and Bangladesh ($X), with a combined 64% share of total imports. Pakistan, China, Turkey, Egypt, France and Italy lagged somewhat behind, together comprising a further 29%.

Among the main suppliers, Egypt, with a CAGR of +66.4%, saw 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

The average cotton table linen import price stood at $X per ton in 2022, surging by 17% against the previous year. Overall, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2015 an increase of 45%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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