Asia: Hand-Woven Tapestry Market 2025

Hand-Woven Tapestry Market Size in Asia

In 2021, the Asian hand-woven tapestry market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hand-Woven Tapestry Production in Asia

In value terms, hand-woven tapestry production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt decline. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Hand-Woven Tapestry Exports

Exports in Asia

For the fourth consecutive year, Asia recorded decline in overseas shipments of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais, which decreased by -26.1% to X tons in 2021. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 109% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, hand-woven tapestry exports declined remarkably to $X in 2021. Over the period under review, exports, however, saw pronounced growth. The pace of growth appeared the most rapid in 2015 when exports increased by 254%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) and China (X tons) prevails in exports structure, together comprising 90% of total exports. Iran (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by India (with a CAGR of +24.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest hand-woven tapestry supplying countries in Asia were China ($X), India ($X) and Iran ($X), together comprising 82% of total exports.

India, with a CAGR of +30.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, waning by -15.7% against the previous year. Overall, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2015 when the export price increased by 123%. The level of export peaked at $X per ton in 2020, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.6%), while the other leaders experienced mixed trends in the export price figures.

Hand-Woven Tapestry Imports

Imports in Asia

For the fourth year in a row, Asia recorded decline in supplies from abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais, which decreased by -27.9% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 296%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, hand-woven tapestry imports contracted markedly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 157% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam represented the key importer of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Asia, with the volume of imports resulting at X tons, which was near 38% of total imports in 2021. It was distantly followed by South Korea (X tons), Singapore (X tons) and Uzbekistan (X tons), together making up a 35% share of total imports. Georgia (X tons), the United Arab Emirates (X tons), Cambodia (X tons), Nepal (X tons), Iran (X tons), Kuwait (X tons), Malaysia (X tons) and India (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to hand-woven tapestry imports into Vietnam stood at +54.1%. At the same time, Uzbekistan (+200.2%), Nepal (+72.7%), Cambodia (+45.8%), South Korea (+29.4%), the United Arab Emirates (+14.0%), Iran (+9.8%) and Kuwait (+3.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Asia, with a CAGR of +200.2% from 2012-2021. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (-6.0%), Georgia (-7.9%) and India (-18.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Vietnam, South Korea, Uzbekistan, Cambodia, the United Arab Emirates and Nepal increased by +37, +13, +8, +3.2, +2.6 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Asia, comprising 49% of total imports. The second position in the ranking was held by South Korea ($X), with a 15% share of total imports. It was followed by Singapore, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in Vietnam totaled +57.4%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+21.5% per year) and Singapore (-3.7% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, shrinking by -1.9% against the previous year. Overall, the import price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2016 an increase of 500% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+19.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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