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Report World - Knotted Carpets and Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Knotted Carpets and Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Global Knotted Carpet Market 2024

Knotted Carpet Market Size

The global knotted carpet market dropped to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Global consumption peaked at $X in 2021, and then fell in the following year.

Knotted Carpet Production

In value terms, knotted carpet production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.3% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 28% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

Knotted Carpet Exports

Exports

Global knotted carpet exports dropped significantly to X square meters in 2022, waning by -19.8% against 2021. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. The global exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, knotted carpet exports dropped slightly to $X in 2022. Over the period under review, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The global exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt represented the largest exporting country with an export of about X square meters, which recorded 45% of total exports. China (X square meters) held the second position in the ranking, distantly followed by India (X square meters) and Pakistan (X square meters). All these countries together held approx. 34% share of total exports. Turkey (X square meters), Iran (X square meters) and the United States (X square meters) followed a long way behind the leaders.

Exports from Egypt decreased at an average annual rate of -12.1% from 2012 to 2022. China and India experienced a relatively flat trend pattern. Turkey (-1.2%), Pakistan (-1.8%), the United States (-2.7%) and Iran (-6.1%) illustrated a downward trend over the same period. While the share of China (+10 p.p.), India (+5.3 p.p.), Pakistan (+2.2 p.p.) and Turkey (+2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Egypt (-28 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest knotted carpet supplier worldwide, comprising 31% of global exports. The second position in the ranking was taken by China ($X), with a 9.3% share of global exports. It was followed by Egypt, with a 9% share.

From 2012 to 2022, the average annual growth rate of value in India totaled -1.6%. In the other countries, the average annual rates were as follows: China (-3.6% per year) and Egypt (-13.3% per year).

Export Prices by Country

In 2022, the average knotted carpet export price amounted to $X per square meter, picking up by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2019 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per square meter), while Egypt ($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 the United States (+1.0%), while the other global leaders experienced a decline in the export price figures.

Knotted Carpet Imports

Imports

In 2022, overseas purchases of knotted carpets and other knotted textile floor coverings increased by 0.3% to X square meters, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, global imports attained the peak figure at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, knotted carpet imports expanded rapidly to $X in 2022. Over the period under review, imports, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Global imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X square meters), distantly followed by the UK (X square meters), Canada (X square meters) and Brazil (X square meters) represented the key importers of knotted carpets and other knotted textile floor coverings, together making up 52% of total imports. The following importers - Malaysia (X square meters), Germany (X square meters), Italy (X square meters), Pakistan (X square meters), India (X square meters), Australia (X square meters), the United Arab Emirates (X square meters) and Singapore (X square meters) - together made up 19% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Malaysia (with a CAGR of +15.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported knotted carpets and other knotted textile floor coverings worldwide, comprising 44% of global imports. The second position in the ranking was taken by Germany ($X), with a 7.2% share of global imports. It was followed by the UK, with a 6.7% share.

In the United States, knotted carpet imports increased at an average annual rate of +2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (-7.2% per year) and the UK (+1.6% per year).

Import Prices by Country

In 2022, the average knotted carpet import price amounted to $X per square meter, picking up by 11% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 13%. Global import price peaked at $X per square meter in 2016; however, from 2017 to 2022, 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 Germany ($X per square meter), while Brazil ($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 India (+6.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Egypt constituted the country with the largest volume of knotted carpet consumption, accounting for 44% of total volume. Moreover, knotted carpet consumption in Egypt exceeded the figures recorded by the second-largest consumer, China, fourfold. Turkey ranked third in terms of total consumption with a 9.9% share.
Egypt remains the largest knotted carpet producing country worldwide, accounting for 46% of total volume. Moreover, knotted carpet production in Egypt exceeded the figures recorded by the second-largest producer, China, fourfold. Turkey ranked third in terms of total production with a 10% share.
In value terms, India, Egypt and Iran appeared to be the countries with the highest levels of exports in 2020, with a combined 57% share of global exports.
In value terms, the United States constitutes the largest market for imported knotted carpets and other knotted textile floor coverings worldwide, comprising 40% of global imports. The second position in the ranking was occupied by Germany, with an 8.4% share of global imports. It was followed by the UK, with a 6.6% share.
In 2020, the average knotted carpet export price amounted to $16,384 per ton, which is down by -23.4% against the previous year.
The average knotted carpet import price stood at $11,686 per ton in 2020, shrinking by -7.1% against the previous year.

This report provides an in-depth analysis of the global knotted carpet market. 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 13931100 - Knotted carpets and other knotted textile floor coverings

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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