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

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

The East Asian market for table linen of knitted or crocheted textiles contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

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

In value terms, table linen of crocheted textile production shrank slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports in Eastern Asia

After four years of decline, overseas shipments of table linen of knitted or crocheted textiles increased by X% to X tons in 2022. Overall, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, table linen of crocheted textile exports rose remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of table linen of knitted or crocheted textiles, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the table linen of knitted or crocheted textiles exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest table linen of crocheted textile supplier in Eastern Asia.

In China, table linen of crocheted textile exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports in Eastern Asia

In 2022, the amount of table linen of knitted or crocheted textiles imported in Eastern Asia shrank sharply to X tons, with a decrease of X% on the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, table linen of crocheted textile imports declined dramatically to $X in 2022. In general, imports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Korea represented the main importing country with an import of about X tons, which accounted for X% of total imports. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%), China (X%) and Macao SAR (X%). Taiwan (Chinese) (X tons) followed a long way behind the leaders.

South Korea was also the fastest-growing in terms of the table linen of knitted or crocheted textiles imports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. By contrast, China (X%), Hong Kong SAR (X%), Japan (X%) and Macao SAR (X%) illustrated a downward trend over the same period. While the share of South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (X p.p.), Hong Kong SAR (X p.p.), Macao SAR (X p.p.) and Japan (X p.p.) displayed negative dynamics.

In value terms, South Korea ($X) constitutes the largest market for imported table linen of knitted or crocheted textiles in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Korea amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a perceptible setback. 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 Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform