Overview
From 2016 to 2023, global imports of printed bedlinen of cotton (HS Code 630221) showed fluctuating trends, with a peak in 2021 at $2,906 million and a decline in 2023 to $2,253.5 million. The USA, Germany, and France remained the top importers, with notable shifts in growth rates across the years. The overall global market grew by 18% in 2021 but witnessed a dip post-pandemic. Market shares have varied, with the USA holding the largest portion at 17.60%.
USA: The USA remains the top importer, though its imports have fallen by 24.73% from 2016 to 2023. Despite this decline, the USA held a market share of 17.60% in 2023. The drop in demand could be attributed to changing consumer preferences and economic conditions.
Germany: Germany has experienced modest growth (1.87%) over the period, with imports peaking in 2022 at $428.8 million. Holding a 14.14% market share, Germany’s stable demand for cotton bedlinen indicates strong consumer loyalty to this product segment.
France: France saw a decline of 5.50% in import growth from 2016 to 2023, with its market share shrinking to 7.73%. However, the year 2021 saw a temporary surge, possibly driven by post-pandemic recovery, before falling back again in 2023.
India’s Position
Although India is not in the top importers, its role as a key exporter to these markets is critical. India’s strong cotton production base likely contributes to the supply chain for countries like the USA and Germany. India’s exports have supported its position as a major player, with demand fluctuating in line with global trends. Expanding partnerships with top importers could further boost India’s share in the global market.
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