Thailand: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in Thailand

The Thai cotton table linen market contracted to $X in 2022, with a decrease of -10% against the previous year. Over the period under review, consumption recorded a pronounced setback. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Cotton Table Linen Production in Thailand

In value terms, cotton table linen production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of 32%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Cotton Table Linen Exports

Exports from Thailand

In 2022, exports of table linen of cotton from Thailand contracted sharply to X tons, waning by -48.1% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 171%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton table linen exports contracted remarkably to $X in 2022. In general, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for cotton table linen exports from Thailand, accounting for a 56% share of total exports. Moreover, cotton table linen exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), fourfold. The third position in this ranking was taken by Japan (X kg), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+26.7% per year) and Japan (-2.3% per year).

In value terms, the United States ($X) remains the key foreign market for table linen of cotton exports from Thailand, comprising 74% of total exports. The second position in the ranking was taken by Japan ($X), with a 6.3% share of total exports. It was followed by Maldives, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-4.3% per year) and Maldives (-17.0% per year).

Export Prices by Country

In 2022, the average cotton table linen export price amounted to $X per ton, surging by 44% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton table linen export price increased by +102.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 Slovenia (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Table Linen Imports

Imports into Thailand

In 2022, after four years of decline, there was significant growth in overseas purchases of table linen of cotton, when their volume increased by 82% to X tons. Over the period under review, imports, however, recorded a deep slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cotton table linen imports soared to $X in 2022. Overall, imports, however, continue to indicate a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), India (X tons) and Bangladesh (X tons) were the main suppliers of cotton table linen imports to Thailand, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +55.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of table linen of cotton to Thailand, comprising 37% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Malaysia, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-17.5% per year) and Malaysia (-15.4% per year).

Import Prices by Country

The average cotton table linen import price stood at $X per ton in 2022, surging by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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