Asia: Market for Bed Linen Of Cotton 2023

Market Size for Bed Linen Of Cotton in Asia

In 2021, the Asian bed linen of cotton market decreased by -5.3% to $X, falling for the third consecutive year after two years of growth. The market value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 9.7%. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Bed Linen Of Cotton in Asia

In value terms, bed linen of cotton production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 8.8% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Bed Linen Of Cotton

Exports in Asia

In 2021, bed linen of cotton exports in Asia skyrocketed to X tons, with an increase of 39% on the previous year. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bed linen of cotton exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Pakistan (X tons) and China (X tons) represented roughly 64% of total exports in 2021. It was distantly followed by India (X tons), Turkey (X tons) and Bangladesh (X tons), together creating a 32% share of total exports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +10.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Pakistan ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 80% share of total exports.

India, with a CAGR of +11.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, picking up by 5.5% against the previous year. Over the period under review, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 5.5% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Pakistan ($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 (+1.0%), while the other leaders experienced a decline in the export price figures.

Imports of Bed Linen Of Cotton

Imports in Asia

In 2021, bed linen of cotton imports in Asia soared to X tons, picking up by 18% against 2020. The total import volume increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, bed linen of cotton imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan was the major importing country with an import of around X tons, which resulted at 34% of total imports. It was distantly followed by Israel (X tons), Hong Kong SAR (X tons), the United Arab Emirates (X tons) and Kazakhstan (X tons), together generating a 31% share of total imports. The following importers - Malaysia (X tons), South Korea (X tons), Iraq (X tons), Kyrgyzstan (X tons), China (X tons), Singapore (X tons), Kuwait (X tons) and Taiwan (Chinese) (X tons) - together made up 21% of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of bed linen of cotton. At the same time, Kyrgyzstan (+21.5%), Israel (+15.3%), Iraq (+14.5%), South Korea (+11.2%), Kuwait (+6.5%) and Hong Kong SAR (+1.4%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Asia, with a CAGR of +21.5% from 2012-2021. Malaysia and Kazakhstan experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-1.6%), Taiwan (Chinese) (-4.4%), China (-5.6%) and Singapore (-6.3%) illustrated a downward trend over the same period. Israel (+6.3 p.p.), South Korea (+2 p.p.), Kyrgyzstan (+1.9 p.p.) and Iraq (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while China, the United Arab Emirates, Singapore and Japan saw its share reduced by -2%, -2.1%, -2.2% and -3.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported bed linen of cotton in Asia, comprising 32% of total imports. The second position in the ranking was taken by Israel ($X), with an 8.8% share of total imports. It was followed by Hong Kong SAR, with a 7.7% share.

In Japan, bed linen of cotton imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+16.0% per year) and Hong Kong SAR (+0.3% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, rising by 7.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The level of import peaked 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 China ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+10.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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