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

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

The Southeast Asian market for bed linen of knitted or crocheted textiles shrank to $X in 2023, declining by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

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

In value terms, production of bed linen of knitted or crocheted textiles stood at $X in 2023 estimated in export price. The total production indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports in South-Eastern Asia

In 2023, shipments abroad of bed linen of knitted or crocheted textiles was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of bed linen of knitted or crocheted textiles surged to $X in 2023. Overall, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

Exports by Country

Vietnam was the main exporting country with an export of around X tons, which amounted to X% of total exports. Malaysia (X tons) took the second position in the ranking, followed by Indonesia (X tons). All these countries together held approx. X% share of total exports. Cambodia (X tons) and Thailand (X tons) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the bed linen of knitted or crocheted textiles exports, with a CAGR of X% from 2012 to 2023. At the same time, Cambodia (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Vietnam increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest bed linen of knitted or crocheted textiles supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with an X% share of total exports. It was followed by Indonesia, with a X% share.

In Vietnam, exports of bed linen of knitted or crocheted textiles increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, which is down by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports in South-Eastern Asia

In 2023, the amount of bed linen of knitted or crocheted textiles imported in South-Eastern Asia fell to X tons, declining by X% on the year before. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, imports of bed linen of knitted or crocheted textiles dropped notably to $X in 2023. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Malaysia was the major importing country with an import of about X tons, which finished at X% of total imports. Singapore (X tons) held the second position in the ranking, followed by Vietnam (X tons), Myanmar (X tons) and Indonesia (X tons). All these countries together held near X% share of total imports. The following importers - the Philippines (X tons) and Thailand (X tons) - together made up X% of total imports.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Myanmar (X%), Thailand (X%) and Indonesia (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 2012-2023. Singapore experienced a relatively flat trend pattern. By contrast, the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Malaysia, Vietnam, Myanmar and Thailand increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bed linen of knitted or crocheted textiles importing markets in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Vietnam ($X), with a combined X% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 2023, waning by X% against the previous year. Over the period under review, the import price, however, posted a slight increase. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform