Table Linen Market Overview in Estonia
Market Overview
In 2019, after three years of growth, there was significant decline in the Estonian table linen market, when its value decreased by -
% to $. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2009 to 2019, the growth of the market failed to regain the momentum.
In value terms, table linen production contracted to $ in 2019 estimated in export prices. Overall, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2009 to 2019, production growth remained at a somewhat lower figure.
% to $. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2009 to 2019, the growth of the market failed to regain the momentum.In value terms, table linen production contracted to $
in 2019 estimated in export prices. Overall, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2009 to 2019, production growth remained at a somewhat lower figure.Consumption
In 2019, after three years of growth, there was significant decline in consumption of table linen, knitted or crocheted, when its volume decreased by -% to units. Over the period under review, consumption, however, showed a moderate increase. The growth pace was the most rapid in 2008 with an increase of % year-to-year. As a result, consumption reached the peak volume of units. From 2009 to 2019, the growth of the consumption remained at a lower figure.
The revenue of the table linen market in Estonia plummeted to $ in 2019, waning 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, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.
% to units. Over the period under review, consumption, however, showed a moderate increase. The growth pace was the most rapid in 2008 with an increase of % year-to-year. As a result, consumption reached the peak volume of units. From 2009 to 2019, the growth of the consumption remained at a lower figure.The revenue of the table linen market in Estonia plummeted to $
in 2019, waning 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, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.Market Forecast
The table linen market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eleven-year period from 2019 to , which is projected to depress the market volume to units by the end of .
% for the eleven-year period from 2019 to , which is projected to depress the market volume to units by the end of .Market Structure
Table linen market in Estonia consists almost entirely of imported products.
Trade Balance
Estonia remains a net importer of table linen; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, 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.
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.
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