Asia: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2023

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Asia

In 2021, the Asian market for bed linen of other woven textiles and non-woven man-made fibres decreased by -33% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, saw perceptible growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Asia

In value terms, production of bed linen of other woven textiles and non-woven man-made fibres dropped to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.0% against 2012 indices. The growth pace was the most rapid in 2016 with an increase of 17% against the previous year. The level of production peaked at $X in 2020, and then declined slightly in the following year.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports in Asia

Exports of bed linen of other woven textiles and non-woven man-made fibres surged to X tons in 2021, jumping by 37% compared with the previous year's figure. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +90.7% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.9% 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

In 2021, China (X tons) was the main exporter of bed linen of other woven textiles and non-woven man-made fibres, constituting 72% of total exports. It was distantly followed by Pakistan (X tons), generating a 24% share of total exports.

Exports from China increased at an average annual rate of +5.9% from 2012 to 2021. At the same time, Pakistan (+8.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +8.9% from 2012-2021. While the share of Pakistan (+4.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-2.1 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest bed linen of other woven textiles and non-woven man-made fibres supplier in Asia, comprising 74% of total exports. The second position in the ranking was held by Pakistan ($X), with a 21% share of total exports.

In China, exports of bed linen of other woven textiles and non-woven man-made fibres increased at an average annual rate of +4.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, standing approx. at the previous year. In general, the export price recorded a mild contraction. The pace of growth was the most pronounced in 2014 when the export price increased by 24% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.0%).

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports in Asia

In 2021, supplies from abroad of bed linen of other woven textiles and non-woven man-made fibres increased by 16% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 27%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres soared to $X in 2021. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons), the United Arab Emirates (X tons), Malaysia (X tons) and Iraq (X tons) represented roughly 56% of total imports in 2021. South Korea (X tons) took a 6.4% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (5.7%). Israel (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons), Kuwait (X tons), Georgia (X tons), Singapore (X tons) and Indonesia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by South Korea (with a CAGR of +22.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen of other woven textiles and non-woven man-made fibres importing markets in Asia were Japan ($X), the United Arab Emirates ($X) and Malaysia ($X), together accounting for 47% of total imports. Iraq, South Korea, Kazakhstan, Israel, Vietnam, Taiwan (Chinese), Singapore, Kuwait, Indonesia and Georgia lagged somewhat behind, together accounting for a further 38%.

South Korea, with a CAGR of +25.4%, 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 Asia stood at $X per ton in 2021, rising by 7.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2019 when the import price increased by 9.4% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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