South-Eastern Asia: Market for Table Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Table Linen Of Knitted Or Crocheted Textiles in South-Eastern Asia

In 2022, the Southeast Asian market for table linen of knitted or crocheted textiles increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw perceptible growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in South-Eastern Asia

In value terms, table linen of crocheted textile production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production posted a perceptible expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports in South-Eastern Asia

In 2022, overseas shipments of table linen of knitted or crocheted textiles increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, table linen of crocheted textile exports declined slightly to $X in 2022. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Singapore (X tons), Thailand (X tons) and Indonesia (X tons), together achieving a X% share of total exports. Cambodia (X kg) and the Philippines (X kg) took a minor share of total exports.

Exports from Vietnam decreased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%), Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, Thailand, Cambodia and the Philippines increased by X, X, X and X percentage points, respectively.

In value terms, Vietnam ($X) remains the largest table linen of crocheted textile supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Cambodia, with an X% share.

In Vietnam, table linen of crocheted textile exports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Cambodia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, table linen of crocheted textile export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Cambodia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports in South-Eastern Asia

In 2022, approx. X tons of table linen of knitted or crocheted textiles were imported in South-Eastern Asia; increasing by X% on the year before. Overall, imports showed a strong expansion. The growth pace was the most rapid in 2015 when imports increased by X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile imports surged to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Malaysia represented the key importing country with an import of around X tons, which amounted to X% of total imports. Thailand (X tons) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%), Singapore (X%) and Vietnam (X%). Brunei Darussalam (X tons) and the Philippines (X tons) held a minor share of total imports.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Brunei Darussalam (X%), Indonesia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, the Philippines (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Thailand (X p.p.), Indonesia (X p.p.), Vietnam (X p.p.) and Brunei Darussalam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.) and the Philippines (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X), Singapore ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam, Indonesia, the Philippines and Brunei Darussalam lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform