Can I use user defined table type for large data insertion

--User defined table type:
CREATE TYPE [dbo].[TYPE_INSERT_EXCELDATA] AS TABLE(
	[MERCHANT] [nvarchar](50) NOT NULL,
	[DEAL_ID] [nvarchar](50) NOT NULL,
	[MODEL_NAME] [nvarchar](100) NOT NULL,
	[PRODUCT_URL] [nvarchar](max) NOT NULL,
	[LINE_RENTAL] [nvarchar](50) NOT NULL,
	[IMAGE_URL] [nvarchar](max) NOT NULL,
	[CATEGORY_NAME] [nvarchar](50) NOT NULL,
	[BRAND] [nvarchar](50) NOT NULL,
	[PRICE] [float] NOT NULL,
	[NETWORK] [nvarchar](250) NOT NULL,
	[TARIFF_NAME] [nvarchar](250) NOT NULL,
	[CONTRACT_LENGTH] [nvarchar](50) NOT NULL,
	[MINUTES] [nvarchar](50) NOT NULL,
	[TEXTS] [nvarchar](50) NOT NULL,
	[DATA] [nvarchar](50) NOT NULL,
	[GIFTS] [nvarchar](250) NULL
)
GO


--PROC:
CREATE PROCEDURE [dbo].[SP_SET_PRODUCT_EXCELDATA]
      @TblExcelData TYPE_INSERT_EXCELDATA READONLY,
	  @OUTPUT NVARCHAR(MAX) OUTPUT
AS
BEGIN
      SET NOCOUNT ON;
     
	 BEGIN TRY
      INSERT INTO GLB_M_EXCELDATA(MERCHANT, DEAL_ID, MODEL_NAME,PRODUCT_URL,LINE_RENTAL,IMAGE_URL,CATEGORY_NAME,BRAND,PRICE,NETWORK,CONTRACT_LENGTH,TARIFF_NAME,MINUTES,TEXTS,DATA,GIFTS)

      SELECT MERCHANT, DEAL_ID, MODEL_NAME,PRODUCT_URL,LINE_RENTAL,IMAGE_URL,CATEGORY_NAME,BRAND,PRICE,NETWORK,CONTRACT_LENGTH,TARIFF_NAME,MINUTES,TEXTS,DATA,GIFTS FROM @TblExcelData
	  END TRY
	  BEGIN CATCH
	  INSERT INTO TBL_LOG(ERRORMESSAGE,PROCEDURENAME,CREATEDDATE,ERRORNUMBER) VALUES(ERROR_MESSAGE(),ERROR_PROCEDURE(),GETDATE(),ERROR_NUMBER());
      SET @OUTPUT='FAILURE';
	  END CATCH

END