Updated Feb 3, 2023 14:17

Market for Bed Linen Of Knitted Or Crocheted Textiles in Sweden

Market Overview
The Swedish market for bed linen of knitted or crocheted textiles contracted rapidly to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a strong expansion. Consumption of peaked at $ in , and then shrank significantly in the following year.

In value terms, production of bed linen of knitted or crocheted textiles declined to $ in estimated in export price. In general, production, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2010 when the production volume increased by % against the previous year. Over the period under review, production of hit record highs at $ in 2019; however, from to , production remained at a lower figure.


Consumption
In , the amount of bed linen of knitted or crocheted textiles consumed in Sweden fell to units, dropping by -% on figures. In general, consumption, however, continues to indicate a strong expansion. Over the period under review, consumption of attained the peak volume at units in 2019; however, from to , consumption stood at a somewhat lower figure.

The value of the market for bed linen of knitted or crocheted textiles in Sweden declined notably to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a buoyant increase. Consumption of peaked at $ in , and then dropped significantly in the following year.


Market Forecast
Driven by increasing demand for bed linen of knitted or crocheted textiles in Sweden, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Bed linen of knitted or crocheted textiles market in Sweden remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms. Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Sweden domestic supply is expected to continue its growth.


Trade Balance
Sweden remains a net importer of bed linen of knitted or crocheted textiles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.