Bahrain: Woven Carpet Market 2025

Woven Carpet Market Size in Bahrain

The Bahraini woven carpet market declined to $X in 2022, with a decrease of -5.1% 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. Woven carpet consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Woven Carpet Exports

Exports from Bahrain

After two years of decline, shipments abroad of woven carpets and other woven textile coverings increased by 38% to X square meters in 2022. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 290% against the previous year. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, woven carpet exports soared to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 840%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X square meters), Qatar (X square meters) and the United Arab Emirates (X square meters) were the main destinations of woven carpet exports from Bahrain, together comprising 83% of total exports. Morocco and Italy lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +79.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for woven carpet exported from Bahrain were Qatar ($X), Italy ($X) and Saudi Arabia ($X), with a combined 76% share of total exports. The United Arab Emirates and Morocco lagged somewhat behind, together comprising a further 17%.

Morocco, with a CAGR of +73.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average woven carpet export price stood at $X per square meter in 2022, picking up by 10% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 230% against the previous year. The export price peaked at $X per square meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Woven Carpet Imports

Imports into Bahrain

In 2022, imports of woven carpets and other woven textile coverings into Bahrain fell dramatically to X square meters, waning by -16.9% against the previous year. Over the period under review, imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Over the period under review, imports hit record highs at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, woven carpet imports contracted to $X in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X square meters) constituted the largest supplier of woven carpet to Bahrain, with a 47% share of total imports. Moreover, woven carpet imports from Turkey exceeded the figures recorded by the second-largest supplier, Iran (X square meters), threefold. Saudi Arabia (X square meters) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+16.2% per year) and Saudi Arabia (-6.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of woven carpets and other woven textile coverings to Bahrain, comprising 43% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 15% share of total imports. It was followed by Iran, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+3.9% per year) and Iran (+5.9% per year).

Import Prices by Country

The average woven carpet import price stood at $X per square meter in 2022, increasing by 20% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, woven carpet import price increased by +106.9% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 34%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per square meter), while the price for Egypt ($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 Egypt (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform