Thailand: Table Linen Market 2024

Table Linen Market Size in Thailand

In 2022, the Thai table linen market increased by 0.4% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Table Linen Production in Thailand

In value terms, table linen production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 26% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Table Linen Exports

Exports from Thailand

In 2022, approx. X tons of table linen, knitted or crocheted were exported from Thailand; declining by -75.2% against the year before. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 112% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, table linen exports declined rapidly to $X in 2022. Overall, exports faced a abrupt decline. The growth pace was the most rapid in 2018 when exports increased by 61%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Australia (X tons) and Singapore (X tons) were the main destinations of table linen exports from Thailand, together comprising 87% of total exports. South Korea, Cambodia and Maldives lagged somewhat behind, together accounting for a further 7.3%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +34.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for table linen, knitted or crocheted exports from Thailand, comprising 50% of total exports. The second position in the ranking was held by Australia ($X), with a 16% share of total exports. It was followed by Maldives, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-14.0% per year) and Maldives (-6.6% per year).

Export Prices by Country

In 2022, the average table linen export price amounted to $X per ton, picking up by 31% against the previous year. In general, the export price enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2016 an increase of 41%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Australia ($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 United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Table Linen Imports

Imports into Thailand

In 2022, purchases abroad of table linen, knitted or crocheted increased by 25% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 37%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, table linen imports soared to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main table linen supplier to Thailand, with a 91% share of total imports. Moreover, table linen imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.9% per year) and Malaysia (-13.2% per year).

In value terms, China ($X) constituted the largest supplier of table linen, knitted or crocheted to Thailand, comprising 59% of total imports. The second position in the ranking was taken by India ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.7% per year) and Malaysia (-13.6% per year).

Import Prices by Country

The average table linen import price stood at $X per ton in 2022, rising by 14% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price 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, table linen import price decreased by -33.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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