South-Eastern Asia - Knotted Carpets and Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth-Eastern Asia: Knotted Carpet Market 2024
Knotted Carpet Market Size in South-Eastern Asia
The Southeast Asian knotted carpet market rose remarkably to $X in 2022, with an increase of 7.5% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.
Knotted Carpet Production in South-Eastern Asia
In value terms, knotted carpet production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 35%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.
Knotted Carpet Exports
Exports in South-Eastern Asia
In 2022, knotted carpet exports in South-Eastern Asia expanded rapidly to X square meters, growing by 11% on the previous year's figure. In general, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 46%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, knotted carpet exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
In 2022, Singapore (X square meters) represented the major exporter of knotted carpets and other knotted textile floor coverings, mixing up 49% of total exports. It was distantly followed by Malaysia (X square meters), Thailand (X square meters) and Vietnam (X square meters), together committing a 50% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +19.1%), while shipments for the other leaders experienced mixed trends in the exports figures.
In value terms, Singapore ($X) remains the largest knotted carpet supplier in South-Eastern Asia, comprising 57% of total exports. The second position in the ranking was taken by Thailand ($X), with a 16% share of total exports. It was followed by Vietnam, with a 9.4% share.
In Singapore, knotted carpet exports decreased by an average annual rate of -9.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (-17.7% per year) and Vietnam (-2.9% per year).
Export Prices by Country
The export price in South-Eastern Asia stood at $X per square meter in 2022, picking up by 11% against the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 30% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per square meter), while Malaysia ($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 Singapore (-2.8%), while the other leaders experienced a decline in the export price figures.
Knotted Carpet Imports
Imports in South-Eastern Asia
In 2022, the amount of knotted carpets and other knotted textile floor coverings imported in South-Eastern Asia shrank to X square meters, with a decrease of -9.8% on the previous year. Over the period under review, imports, however, showed a slight expansion. The pace of growth was the most pronounced in 2021 when imports increased by 53%. Over the period under review, imports attained the maximum at X square meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.
In value terms, knotted carpet imports dropped to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.
Imports by Country
Malaysia was the major importing country with an import of about X square meters, which recorded 47% of total imports. Singapore (X square meters) ranks second in terms of the total imports with a 19% share, followed by the Philippines (11%), Myanmar (6.2%), Vietnam (6.1%) and Thailand (5.4%). Brunei Darussalam (X square meters) held a little share of total imports.
Malaysia was also the fastest-growing in terms of the knotted carpets and other knotted textile floor coverings imports, with a CAGR of +15.8% from 2012 to 2022. At the same time, the Philippines (+11.4%), Myanmar (+4.4%) and Vietnam (+2.2%) displayed positive paces of growth. By contrast, Thailand (-1.8%), Brunei Darussalam (-7.6%) and Singapore (-8.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia, the Philippines and Myanmar increased by +34, +6.5 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest knotted carpet importing markets in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Vietnam ($X), together accounting for 76% of total imports. The Philippines, Thailand, Myanmar and Brunei Darussalam lagged somewhat behind, together comprising a further 13%.
The Philippines, with a CAGR of +12.2%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the import price in South-Eastern Asia amounted to $X per square meter, reducing by -3.3% against the previous year. Overall, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2019 an increase of 14% against the previous year. The level of import peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per square meter), while Myanmar ($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 Singapore (+4.0%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the knotted carpet market in South-Eastern Asia. 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:
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in South-Eastern Asia, split by region and country
- Trade (exports and imports) in South-Eastern Asia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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