Report Update Nov 1, 2024

Australia - Woven Carpets and Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Woven Carpet Market 2024

Woven Carpet Market Size in Australia

In 2022, the Australian woven carpet market increased by 1.6% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Woven Carpet Exports

Exports from Australia

In 2022, overseas shipments of woven carpets and other woven textile coverings increased by 149% to X square meters, rising for the second year in a row after four years of decline. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, woven carpet exports soared to $X in 2022. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X square meters) was the main destination for woven carpet exports from Australia, accounting for a 95% share of total exports. It was followed by the United States (X square meters), with a 1.5% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to +14.4%.

In value terms, New Zealand ($X) remains the key foreign market for woven carpets and other woven textile coverings exports from Australia, comprising 92% of total exports. The second position in the ranking was taken by the United States ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to +13.0%.

Export Prices by Country

The average woven carpet export price stood at $X per square meter in 2022, surging by 26% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 56% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to New Zealand totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+461.1%), while the prices for the other major destinations experienced a decline.

Woven Carpet Imports

Imports into Australia

In 2022, purchases abroad of woven carpets and other woven textile coverings decreased by -2.2% to X square meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports reached the peak of X square meters, and then shrank slightly in the following year.

In value terms, woven carpet imports expanded modestly to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

India (X square meters), China (X square meters) and Turkey (X square meters) were the main suppliers of woven carpet imports to Australia, together comprising 82% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +7.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X) constituted the largest supplier of woven carpets and other woven textile coverings to Australia, comprising 43% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.5% per year) and China (+0.1% per year).

Import Prices by Country

In 2022, the average woven carpet import price amounted to $X per square meter, surging by 6% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 an increase of 22% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven carpets and other woven textile coverings in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together comprising 50% of global consumption.

What are the largest producers of woven carpets and other woven textile coverings in the world?

The countries with the highest volumes of in 2021 were Turkey, China and India, with a combined 70% share of global production. Indonesia, the United States, Pakistan, Bangladesh, Belgium, Egypt and Iran lagged somewhat behind, together comprising a further 20%.

What are the leading suppliers of woven carpets and other woven textile coverings to Australia?

In value terms, India, Turkey and China were the largest woven carpet suppliers to Australia, with a combined 81% share of total imports. Belgium, Egypt, the United Arab Emirates and Sri Lanka lagged somewhat behind, together comprising a further 8.4%.

What are the leading importers of woven carpets and other woven textile coverings from Australia?

In value terms, New Zealand remains the key foreign market for woven carpet exports from Australia, comprising 68% of total exports. The second position in the ranking was occupied by Singapore, with a 6% share of total exports. It was followed by the United Arab Emirates, with a 5.5% share.

What is the average export price for woven carpets and other woven textile coverings in Australia?

In 2021, the average woven carpet export price amounted to $9,442 per ton, rising by 7.3% against the previous year.

What is the average import price for woven carpets and other woven textile coverings in Australia?

The average woven carpet import price stood at $5,562 per ton in 2021, picking up by 18% against the previous year.

This report provides an in-depth analysis of the woven carpet market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023