New Zealand: Knotted Carpet Market 2025

Knotted Carpet Market Size in New Zealand

The New Zealand knotted carpet market expanded to $X in 2022, picking up by 3.8% 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 continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Knotted Carpet Exports

Exports from New Zealand

In 2022, exports of knotted carpets and other knotted textile floor coverings from New Zealand soared to X square meters, growing by 117% against the year before. In general, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 134%. Over the period under review, the exports reached the maximum at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, knotted carpet exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 947%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X square meters) was the main destination for knotted carpet exports from New Zealand, accounting for a 75% share of total exports. Moreover, knotted carpet exports to Australia exceeded the volume sent to the second major destination, the United States (X square meters), sixfold. The third position in this ranking was held by Thailand (X square meters), with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-18.3% per year) and Thailand (+37.8% per year).

In value terms, Australia ($X) remains the key foreign market for knotted carpets and other knotted textile floor coverings exports from New Zealand, comprising 75% of total exports. The second position in the ranking was held by the United States ($X), with a 20% share of total exports. It was followed by Thailand, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-15.9% per year) and Thailand (+6.3% per year).

Export Prices by Country

The average knotted carpet export price stood at $X per square meter in 2022, with a decrease of -14.8% against the previous year. Over the period under review, the export price, however, saw temperate growth. The most prominent rate of growth was recorded in 2016 an increase of 371% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2022, the average export prices remained at a 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 ($X per square meter), while the average price for exports to Hong Kong SAR ($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 the United Arab Emirates (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Knotted Carpet Imports

Imports into New Zealand

In 2022, purchases abroad of knotted carpets and other knotted textile floor coverings increased by 19% to X square meters, rising for the fourth consecutive year after three years of decline. Overall, imports saw a moderate expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 135% against the previous year. Imports peaked at X square meters in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, knotted carpet imports reached $X in 2022. Over the period under review, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +34.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 82%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X square meters) constituted the largest knotted carpet supplier to New Zealand, with a 66% share of total imports. Moreover, knotted carpet imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (X square meters), fivefold. The third position in this ranking was held by Australia (X square meters), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-6.3% per year) and Australia (+8.2% per year).

In value terms, India ($X) constituted the largest supplier of knotted carpets and other knotted textile floor coverings to New Zealand, comprising 41% of total imports. The second position in the ranking was held by Australia ($X), with a 15% share of total imports. It was followed by Pakistan, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+17.5% per year) and Pakistan (-7.2% per year).

Import Prices by Country

The average knotted carpet import price stood at $X per square meter in 2022, declining by -14.5% against the previous year. Over the period under review, the import price showed a noticeable downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2018 to 2022, the average import prices remained at a lower figure.

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 Australia ($X per square meter), while the price for India ($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 Australia (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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