Thailand: Carpet Market 2025

Carpet Market Size in Thailand

In 2022, after two years of growth, there was significant decline in the Thai carpet market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Carpet consumption peaked at $X in 2021, and then reduced in the following year.

Carpet Production in Thailand

In value terms, carpet production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Carpet production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Carpet Exports

Exports from Thailand

In 2022, approx. X square meters of carpets and other textile floor coverings were exported from Thailand; picking up by X% compared with the previous year's figure. In general, exports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, carpet exports rose notably to $X in 2022. Over the period under review, exports, however, recorded a perceptible curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X square meters) was the main destination for carpet exports from Thailand, with a X% share of total exports. Moreover, carpet exports to Japan exceeded the volume sent to the second major destination, India (X square meters), threefold. The third position in this ranking was taken by the United States (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and the United States (X% per year).

In value terms, Japan ($X) remains the key foreign market for carpets and other textile floor coverings exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and India (X% per year).

Export Prices by Country

The average carpet export price stood at $X per square meter in 2022, surging by X% against the previous year. In general, the export price, however, recorded a slight descent. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per square meter), while the average price for exports to Malaysia ($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 Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports

Imports into Thailand

In 2022, after two years of growth, there was significant decline in supplies from abroad of carpets and other textile floor coverings, when their volume decreased by X% to X square meters. Overall, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X square meters in 2021, and then fell markedly in the following year.

In value terms, carpet imports contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of carpet to Thailand, accounting for a X% share of total imports. Moreover, carpet imports from China exceeded the figures recorded by the second-largest supplier, India (X square meters), more than tenfold. Indonesia (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Indonesia (X% per year).

In value terms, China ($X) constituted the largest supplier of carpets and other textile floor coverings to Thailand, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the average carpet import price amounted to $X per square meter, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per square meter), while the price for Estonia (less than $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 Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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