Southern Asia: Needlefelt Carpet Market 2020

Needlefelt Carpet Exports in Southern Asia

In 2017, approx. X cubic meters of needlefelt carpets and other needlefelt textile floor coverings were exported in Southern Asia; increasing by X% against the previous year. The needlefelt carpet exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. The volume of exports peaked of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, needlefelt carpet exports totaled $X in 2017. The needlefelt carpet exports continue to indicate a deep decrease. In that year, the needlefelt carpet exports reached their peak level of $X. From 2014 to 2017, growth of the needlefelt carpet exports failed to regain its momentum.

Needlefelt Carpet Exports by Country in Southern Asia

India dominates needlefelt carpet exports structure, finishing at X cubic meters, which was near X% of total exports in 2017. It was distantly followed by Bangladesh (X cubic meters), achieving X% share of total exports. Pakistan (X cubic meters) occupied the mild share of total exports.

Exports from India decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Bangladesh (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. While the share of India (X%) and Pakistan (X%) increased significantly in terms of the global exports from 2007-2017, the share of Bangladesh (-X%) displayed negative dynamics.

In value terms, India ($X) remains the largest needlefelt carpet supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global exports. It was followed by Bangladesh, with a X% share.

In India, needlefelt carpet exports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-X% per year) and Bangladesh (+X% per year).

Needlefelt Carpet Export Prices by Country in Southern Asia

The needlefelt carpet export price in Southern Asia stood at $X per cubic meter in 2017, therefore, remained relatively stable against the previous year. The needlefelt carpet export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. In that year, the export prices for needlefelt carpets and other needlefelt textile floor coverings attained their peak level of $X per cubic meter. From 2014 to 2017, growth of the export prices for needlefelt carpets and other needlefelt textile floor coverings stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was India ($X per cubic meter), while Bangladesh ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Pakistan (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Needlefelt Carpet Imports in Southern Asia

In 2017, imports of needlefelt carpets and other needlefelt textile floor coverings in Southern Asia totaled X cubic meters, dropping by -X% against the previous year. The needlefelt carpet imports continue to indicate a remarkable growth. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. The volume of imports peaked of X cubic meters in 2016, and then declined slightly in the following year.

In value terms, needlefelt carpet imports totaled $X in 2017. The needlefelt carpet imports continue to indicate a remarkable expansion. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Needlefelt Carpet Imports by Country in Southern Asia

Pakistan was the main importer of needlefelt carpets and other needlefelt textile floor coverings in Southern Asia, with the volume of imports reaching X cubic meters, which was near X% of total imports in 2017. It was distantly followed by India (X cubic meters), generating X% share of total imports. Sri Lanka (X cubic meters) occupied the slight share of total imports.

Pakistan was also the fastest growing in terms of the needlefelt carpets and other needlefelt textile floor coverings imports, with a CAGR of +X% from 2007 to 2017. India experienced a relatively flat trend pattern. Sri Lanka (-X%) illustrated a downward trend over the same period. While the share of Sri Lanka (X%) increased significantly in terms of the global imports from 2007-2017, the share of Pakistan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X), India ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Pakistan (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced mixed trends in the imports figures.

Needlefelt Carpet Import Prices by Country in Southern Asia

The needlefelt carpet import price in Southern Asia stood at $X per thousand cubic meters in 2017, increasing by X% against the previous year. The needlefelt carpet import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. In that year, the import prices for needlefelt carpets and other needlefelt textile floor coverings attained their peak level of $X per thousand cubic meters. From 2009 to 2017, growth of the import prices for needlefelt carpets and other needlefelt textile floor coverings stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per thousand cubic meters), while Pakistan ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform