Southern Asia: Hand-Woven Tapestry Market 2025

Hand-Woven Tapestry Market Size in Southern Asia

In 2021, the South Asian hand-woven tapestry market increased by 8.9% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, faced a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hand-Woven Tapestry Production in Southern Asia

In value terms, hand-woven tapestry production expanded to $X in 2021 estimated in export price. In general, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by 6.5%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hand-Woven Tapestry Exports

Exports in Southern Asia

In 2021, shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by -15.6% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 100% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, hand-woven tapestry exports reduced notably to $X in 2021. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 149% against the previous year. The level of export peaked at $X in 2020, and then shrank rapidly in the following year.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2021.

India was also the fastest-growing in terms of the hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais exports, with a CAGR of +24.2% from 2012 to 2021. From 2012 to 2021, the share of India increased by +14 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest hand-woven tapestry supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at +30.0%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, which is down by -13.4% against the previous year. In general, the export price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2017 an increase of 25%. The level of export peaked at $X per ton in 2020, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +4.7% per year.

Hand-Woven Tapestry Imports

Imports in Southern Asia

In 2021, purchases abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais increased by 52% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 103% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, hand-woven tapestry imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by 57% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Nepal (X tons) and India (X tons) represented the major importers of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in 2021, accounting for approx. 36% and 31% of total imports, respectively. Sri Lanka (X tons) held the next position in the ranking, followed by Pakistan (X tons) and Maldives (X tons). All these countries together held near 28% share of total imports. Bangladesh (X kg) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nepal (with a CAGR of +72.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Pakistan ($X) constitutes the largest market for imported hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Southern Asia, comprising 52% of total imports. The second position in the ranking was taken by India ($X), with a 25% share of total imports. It was followed by Maldives, with a 7.8% share.

In Pakistan, hand-woven tapestry imports increased at an average annual rate of +3.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (-12.2% per year) and Maldives (+19.7% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2018 when the import price increased by 89%. The level of import peaked at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+33.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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