Thailand: Hand-Woven Tapestry Market 2025

Hand-Woven Tapestry Market Size in Thailand

In 2021, the Thai hand-woven tapestry market decreased by -2.2% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption continues to indicate a deep reduction. Hand-woven tapestry consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hand-Woven Tapestry Production in Thailand

In value terms, hand-woven tapestry production shrank to $X in 2021 estimated in export price. In general, production showed a deep contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 49% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Hand-Woven Tapestry Exports

Exports from Thailand

In 2020, shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by -6.7% to X tons, falling for the third year in a row after two years of growth. Overall, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 74%. The exports peaked at X tons in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

In value terms, hand-woven tapestry exports shrank notably to less than $X in 2020. Over the period under review, exports saw a dramatic descent. The growth pace was the most rapid in 2016 with an increase of 30% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

El Salvador (X tons) was the main destination for hand-woven tapestry exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to El Salvador was relatively modest.

From 2012 to 2020, the average annual growth rate of value to No country was relatively modest.

Export Prices by Country

The average hand-woven tapestry export price stood at $X per ton in 2019, picking up by 116% against the previous year. Overall, the export price continues to indicate buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2019, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+170.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Woven Tapestry Imports

Imports into Thailand

In 2019, overseas purchases of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais increased by 385% to X tons, rising for the second year in a row after two years of decline. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand-woven tapestry imports surged to $X in 2019. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, China (X tons) constituted the largest hand-woven tapestry supplier to Thailand, accounting for a 78% share of total imports. Moreover, hand-woven tapestry imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold.

From 2012 to 2019, the average annual rate of growth in terms of volume from China amounted to +20.6%.

In value terms, China ($X) constituted the largest supplier of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais to Thailand, comprising 74% of total imports. The second position in the ranking was taken by the UK ($X), with a 22% share of total imports.

From 2012 to 2019, the average annual growth rate of value from China totaled +34.5%.

Import Prices by Country

The average hand-woven tapestry import price stood at $X per ton in 2019, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 128% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2019, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China (+11.6%).

Source: IndexBox Platform

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