MARKET WATCH GERMANY IMPORT OF PRINTED BEDLINEN OF MANMADE FIBER (HSN CODE 630222)
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Overview

Germany’s import of printed bedlinen has seen varied trends over the years. The overall growth in imports for HS Code 630232 was 6.8%, while for HS Code 630222, it was a staggering 824.3%. This indicates a significant increase in demand for the latter category of bedlinen in Germany.

Country-Specific Insights:

• China has been a major exporter for HS Code 630232, with a growth of 90.2% and a peak market share of 42.0% in 2021. However, there was a decline to 31.4% in 2022, suggesting a possible diversification in Germany’s import sources or a shift in market dynamics.

• Pakistan showed an impressive growth of 148.6% for HS Code 630232 and a monumental 2617.5% for HS Code 630222. Its market share for the latter remained above 85% throughout, indicating a strong hold on the market and possibly superior product quality or pricing strategies.

• India had a negative growth of -38.8% for HS Code 630232, with a decrease in market share from 5.3% to 3.0%. For HS Code 630222, India’s growthwas 17.9%, and its market share saw a decline from 31.3% to 4.0%. This suggests challenges in competitiveness or changes in trade policies that may have affected India’s export capabilities.

India’s Position Vis-à-Vis Other Major Countries: Comparatively, India’s position has weakened over the years in both categories. While China and Pakistan have shown significant growth, India’s market share and growth rate have declined. This could be due to various factors, including the quality of the exports, pricing, or India’s focus on other textile segments.

Summary: The data indicates a robust growth in Germany’s import of printed bedlinen, particularly of HS Code 630222. The probable reasons for these trends could include economic factors, such as increased consumer spending power in Germany, and strategic moves by exporting countries like Pakistan to capture the market. India’s declining trend might be attributed to increased competition and possibly a need to innovate and adapt to market demands. In conclusion, while Germany’s market for printed bedlinen remains dynamic, exporters like China and Pakistan have capitalized on the opportunities. In contrast, India may need to reassess its strategies to regain its foothold in this market segment.

01:00 PM, Sep 09

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