Overview of the Global Market for Table Linen Of Knitted Or Crocheted Textiles

Market Size for Table Linen Of Knitted Or Crocheted Textiles

The global market for table linen of knitted or crocheted textiles surged to $X in 2021, increasing by 15% against the previous year. Overall, consumption, however, continues to indicate a perceptible setback. Over the period under review, the global market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles

In value terms, table linen of crocheted textile production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable decline. The pace of growth was the most pronounced in 2019 when the production volume increased by 49%. Over the period under review, global production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports

In 2021, global table linen of crocheted textile exports totaled X tons, growing by 14% compared with the previous year's figure. Overall, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -14.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 34%. Over the period under review, the global exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -3.3% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 29%. Over the period under review, the global exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

India represented the major exporter of table linen of knitted or crocheted textiles in the world, with the volume of exports reaching X tons, which was near 51% of total exports in 2021. Pakistan (X tons) took a 17% share (based on physical terms) of total exports, which put it in second place, followed by China (15%) and Turkey (11%).

Exports from India increased at an average annual rate of +10.2% from 2012 to 2021. At the same time, Turkey (+14.5%) and Pakistan (+14.0%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.5% from 2012-2021. By contrast, China (-8.9%) illustrated a downward trend over the same period. While the share of India (+21 p.p.), Pakistan (+9.9 p.p.) and Turkey (+6.1 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of China (-34.5 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest table linen of crocheted textile supplier worldwide, comprising 55% of global exports. The second position in the ranking was taken by China ($X), with a 15% share of global exports. It was followed by Pakistan, with a 13% share.

In India, table linen of crocheted textile exports expanded at an average annual rate of +16.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: China (-9.5% per year) and Pakistan (+9.2% per year).

Export Prices by Country

The average export price for table linen of knitted or crocheted textiles stood at $X per ton in 2021, growing by 9.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 17% against the previous year. The global export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the other global leaders experienced a decline in the export price figures.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports

In 2021, overseas purchases of table linen of knitted or crocheted textiles decreased by -8.6% to X tons, falling for the second year in a row after five years of growth. In general, total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.9% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 20%. Global imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, table linen of crocheted textile imports rose slightly to $X in 2021. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, global imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) represented the major importer of table linen of knitted or crocheted textiles, achieving 24% of total imports. Germany (X tons) ranks second in terms of the total imports with a 7.3% share, followed by the Netherlands (6.5%), France (5.7%) and Peru (4.8%). The following importers - the UK (X tons), Libya (X tons), Malaysia (X tons), Spain (X tons), Poland (X tons), Israel (X tons), Ireland (X tons) and the United Arab Emirates (X tons) - together made up 20% of total imports.

Imports into the United States increased at an average annual rate of +23.2% from 2012 to 2021. At the same time, Malaysia (+23.6%), Poland (+20.6%), France (+11.2%), the Netherlands (+8.9%), Germany (+8.5%), Israel (+8.1%), Spain (+5.9%), the UK (+3.7%) and Peru (+2.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of +23.6% from 2012-2021. Ireland experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-3.8%) and Libya (-7.3%) illustrated a downward trend over the same period. While the share of the United States (+19 p.p.), France (+2.8 p.p.), Germany (+2.7 p.p.), the Netherlands (+2.5 p.p.), Malaysia (+2.3 p.p.) and Poland (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the United Arab Emirates (-1.7 p.p.) and Libya (-5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 36% share of global imports. These countries were followed by the UK, the Netherlands, Poland, Peru, Spain, Israel, Ireland, the United Arab Emirates, Malaysia and Libya, which together accounted for a further 31%.

Poland, with a CAGR of +25.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for table linen of knitted or crocheted textiles amounted to $X per ton, growing by 14% against the previous year. Over the period under review, the import price, however, saw a slight descent. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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