Africa: Needlefelt Carpet Market 2020

Needlefelt Carpet Market Size in Africa

The revenue of the needlefelt carpet market in Africa amounted to $X in 2017, coming down by -X% 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). The needlefelt carpet consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013, when market value increased by X% y-o-y. In that year, the needlefelt carpet market attained their peak level of $X. From 2014 to 2017, growth of the needlefelt carpet market failed to regain its momentum.

Needlefelt Carpet Exports in Africa

The exports amounted to X cubic meters in 2017, coming up by X% against the previous year. The needlefelt carpet exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017, when exports increased by X% against the previous year. In that year, the needlefelt carpet exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, needlefelt carpet exports stood at $X in 2017. The needlefelt carpet exports continue to indicate a strong expansion. In that year, the needlefelt carpet exports attained their peak level, and are likely to continue its growth in the immediate term.

Needlefelt Carpet Exports by Country in Africa

Egypt dominates needlefelt carpet exports structure, reaching X cubic meters, which was near X% of total exports in 2017. It was distantly followed by South Africa (X cubic meters), constituting X% share of total exports.

Egypt was also the fastest growing in terms of the needlefelt carpets and other needlefelt textile floor coverings exports, with a CAGR of +X% from 2007 to 2017. South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Africa increased by X% percentage points, while Egypt (-X%) saw their share reduced.

In value terms, Egypt ($X) emerged as the largest needlefelt carpet supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Egypt stood at +X%.

Needlefelt Carpet Export Prices by Country in Africa

In 2017, the needlefelt carpet export price in Africa amounted to $X per thousand cubic meters, coming down by -X% against the previous year. The needlefelt carpet export price continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2013, an increase of X% against the previous year. In that year, the export prices for needlefelt carpets and other needlefelt textile floor coverings reached their peak level of $X per thousand cubic meters. From 2014 to 2017, growth of the export prices for needlefelt carpets and other needlefelt textile floor coverings stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X per thousand cubic meters), while Egypt ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year).

Needlefelt Carpet Imports in Africa

In 2017, needlefelt carpet imports in Africa stood at X cubic meters, rising by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011, when imports increased by X% y-o-y. In that year, the needlefelt carpet imports attained their peak volume of X cubic meters. From 2012 to 2017, growth of the needlefelt carpet imports failed to regain its momentum.

In value terms, needlefelt carpet imports amounted to $X in 2017. The total imports indicated a moderate increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the needlefelt carpet imports decreased by -X% against 2011 indices. Over the period under review, the needlefelt carpet imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Needlefelt Carpet Imports by Country in Africa

In 2017, Morocco (X cubic meters), distantly followed by Algeria (X cubic meters), Libya (X cubic meters), Egypt (X cubic meters), South Africa (X cubic meters), Sudan (X cubic meters) and Tunisia (X cubic meters) were the major importers of needlefelt carpets and other needlefelt textile floor coverings, together committing X% of total imports. The following importers - Angola (X cubic meters), Cote d'Ivoire (X cubic meters), Cameroon (X cubic meters), Namibia (X cubic meters) and Tanzania (X cubic meters) together made up X% of total imports.

Imports into Morocco increased at an average annual rate of +X% from 2007 to 2017. At the same time, Algeria (+X%), Angola (+X%), Libya (+X%), Namibia (+X%), Sudan (+X%), Tanzania (+X%), Tunisia (+X%) and Cote d'Ivoire (+X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Cameroon experienced a relatively flat trend pattern. By contrast, Egypt (-X%) and South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Africa and Egypt increased by X% and X% percentage points, while Tunisia (-X%), Angola (-X%), Sudan (-X%), Libya (-X%), Algeria (-X%) and Morocco (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needlefelt carpet markets worldwide were Egypt ($X), Morocco ($X) and Libya ($X), with a combined X% share of total imports. These countries were followed by Algeria, South Africa, Sudan, Cote d'Ivoire, Angola, Tunisia, Cameroon, Namibia and Tanzania, which together accounted for a further X%.

Algeria (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Import Prices by Country in Africa

The needlefelt carpet import price in Africa stood at $X per thousand cubic meters in 2017, shrinking by -X% against the previous year. The needlefelt carpet import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. The level of import price peaked of $X per thousand cubic meters in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Egypt ($X per cubic meter), while Tunisia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform