Table Linen Of Crocheted Textile Market

The article delves into the global market for table linen of knitted or crocheted textiles, highlighting key trends and statistics. Consumption, production, import, and export data are analyzed from 2012 to 2022, with forecasted growth rates provided up to 2030. Major consuming and producing countries, as well as top importers and exporters, are identified. The data reveals fluctuating trends in market performance, with notable increases and declines recorded over the years. Detailed insights into average per capita consumption, import/export prices, and growth rates help paint a comprehensive picture of the industry landscape.

Market Forecast

Driven by increasing demand for table linen of knitted or crocheted textiles worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.5% for the period from 2022 to 2030, which is projected to bring the market volume to 56K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.7% for the period from 2022 to 2030, which is projected to bring the market value to $645M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Table Linen Of Knitted Or Crocheted Textiles

In 2022, global table linen of crocheted textile consumption shrank modestly to 54K tons, waning by -1.6% against the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.7% against 2020 indices. As a result, consumption reached the peak volume of 60K tons. From 2019 to 2022, the growth of the global consumption remained at a somewhat lower figure.

The size of the market for table linen of knitted or crocheted textiles worldwide declined sharply to $521M in 2022, which is down by -54.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate notable growth. As a result, consumption reached the peak level of $1.1B, and then declined remarkably in the following year.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (7.2K tons), the United States (5.9K tons) and Russia (5.4K tons), with a combined 34% share of global consumption. India, Japan, Indonesia, Germany, Brazil, Nigeria, Bangladesh, Mexico and France lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +6.8%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($74M), China ($52M) and Russia ($37M) appeared to be the countries with the highest levels of market value in 2022, together comprising 31% of the global market. India, Japan, Indonesia, Nigeria, France, Germany, Brazil, Mexico and Bangladesh lagged somewhat behind, together comprising a further 28%.

India, with a CAGR of +7.9%, recorded the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of table linen of crocheted textile per capita consumption was registered in Russia (37 kg per 1000 persons), followed by the United States (18 kg per 1000 persons), Germany (15 kg per 1000 persons) and Japan (13 kg per 1000 persons), while the world average per capita consumption of table linen of crocheted textile was estimated at 6.8 kg per 1000 persons.

From 2012 to 2022, the average annual rate of growth in terms of the table linen of crocheted textile per capita consumption in Russia totaled +6.3%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the United States (+5.0% per year) and Germany (+0.7% per year).

Production

World Production of Table Linen Of Knitted Or Crocheted Textiles

In 2022, the amount of table linen of knitted or crocheted textiles produced worldwide reduced slightly to 60K tons, which is down by -4.1% on the year before. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 73%. As a result, production attained the peak volume of 68K tons. From 2019 to 2022, global production growth remained at a lower figure.

In value terms, table linen of crocheted textile production fell to $530M in 2022 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 84% against the previous year. As a result, production reached the peak level of $633M. From 2019 to 2022, global production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were India (11K tons), China (9.6K tons) and Russia (5.3K tons), together accounting for 43% of global production. The United States, Pakistan, Japan, Turkey, Brazil, Indonesia, Nigeria, Germany, Bangladesh and Mexico lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +7.7%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Table Linen Of Knitted Or Crocheted Textiles

In 2022, after two years of decline, there was significant growth in purchases abroad of table linen of knitted or crocheted textiles, when their volume increased by 15% to 7.2K tons. Overall, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 22%. Global imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, table linen of crocheted textile imports surged to $50M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Over the period under review, global imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports By Country

In 2022, the United States (2.3K tons) was the main importer of table linen of knitted or crocheted textiles, comprising 32% of total imports. It was distantly followed by France (490 tons) and Mozambique (353 tons), together committing a 12% share of total imports. The following importers - Germany (306 tons), the Netherlands (305 tons), Chile (176 tons), the United Arab Emirates (173 tons), Italy (166 tons), Poland (164 tons), the UK (155 tons), Malaysia (150 tons), Peru (144 tons) and Israel (123 tons) - together made up 26% of total imports.

Imports into the United States increased at an average annual rate of +26.3% from 2012 to 2022. At the same time, Mozambique (+35.2%), Poland (+21.2%), Malaysia (+19.5%), France (+13.9%), Italy (+11.4%), Chile (+9.6%), Israel (+7.4%), the Netherlands (+5.3%) and Germany (+3.7%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in the world, with a CAGR of +35.2% from 2012-2022. The United Arab Emirates and the UK experienced a relatively flat trend pattern. By contrast, Peru (-5.1%) illustrated a downward trend over the same period. The United States (+28 p.p.), Mozambique (+4.6 p.p.), France (+4 p.p.), Poland (+1.8 p.p.) and Malaysia (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while Peru saw its share reduced by -3.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($13M) constitutes the largest market for imported table linen of knitted or crocheted textiles worldwide, comprising 25% of global imports. The second position in the ranking was held by France ($4M), with a 7.9% share of global imports. It was followed by Germany, with a 7.4% share.

In the United States, table linen of crocheted textile imports expanded at an average annual rate of +18.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (+8.0% per year) and Germany (+3.8% per year).

Import Prices By Country

In 2022, the average import price for table linen of knitted or crocheted textiles amounted to $7,019 per ton, growing by 2.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 14%. Over the period under review, average import prices reached the maximum at $7,556 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 importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,198 per ton), while Mozambique ($783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Table Linen Of Knitted Or Crocheted Textiles

In 2022, global exports of table linen of knitted or crocheted textiles fell to 13K tons, which is down by -5.3% on 2021. Overall, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.2% 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 +2.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 35% against the previous year. The global exports peaked at 17K tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, table linen of crocheted textile exports dropped modestly to $105M in 2022. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +19.1% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 31% against the previous year. Over the period under review, the global exports reached the peak figure at $114M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports By Country

India was the major exporting country with an export of around 5.7K tons, which reached 43% of total exports. Pakistan (3.1K tons) ranks second in terms of the total exports with a 24% share, followed by China (19%) and Turkey (7.2%).

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +14.7%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, India ($50M) remains the largest table linen of crocheted textile supplier worldwide, comprising 48% of global exports. The second position in the ranking was held by China ($19M), with an 18% share of global exports. It was followed by Pakistan, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +12.6%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-7.5% per year) and Pakistan (+11.4% per year).

Export Prices By Country

In 2022, the average export price for table linen of knitted or crocheted textiles amounted to $7,931 per ton, with an increase of 3.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 17%. As a result, the export price reached the peak level of $8,719 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($8,820 per ton), while Turkey ($4,822 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform