Table Linen Market Overview in Cyprus
In value terms, table linen production amounted to $ in 2019 estimated in export prices. Overall, production continues to indicate a precipitous slump. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. As a result, production attained the peak level of $. From 2018 to 2019, production growth failed to regain the momentum.
The revenue of the table linen market in Cyprus rose rapidly to $ in 2019, surging 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). In general, consumption recorded a noticeable descent. The growth pace was the most rapid in 2010 when the market value increased by % against the previous year. Table linen consumption peaked at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.