Tunisia: Knotted Carpet Market 2024

Knotted Carpet Market Size in Tunisia

The Tunisian knotted carpet market rose slightly to $X in 2022, growing by 2.4% against the previous year. In general, consumption recorded a relatively flat trend pattern. Knotted carpet consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Knotted Carpet Production in Tunisia

In value terms, knotted carpet production expanded to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 20% against the previous year. Knotted carpet production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Knotted Carpet Exports

Exports from Tunisia

In 2022, approx. X square meters of knotted carpets and other knotted textile floor coverings were exported from Tunisia; waning by -25.7% compared with the previous year. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 155%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, knotted carpet exports declined dramatically to $X in 2022. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 271% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X square meters) was the main destination for knotted carpet exports from Tunisia, with a 53% share of total exports. Moreover, knotted carpet exports to France exceeded the volume sent to the second major destination, Belgium (X square meters), sevenfold. Serbia (X square meters) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-0.4% per year) and Serbia (0.0% per year).

In value terms, France ($X) remains the key foreign market for knotted carpets and other knotted textile floor coverings exports from Tunisia, comprising 57% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 4.7% share of total exports. It was followed by Belgium, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+18.4% per year) and Belgium (-9.9% per year).

Export Prices by Country

In 2022, the average knotted carpet export price amounted to $X per square meter, declining by -2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 46% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Serbia ($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 Germany (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Knotted Carpet Imports

Imports into Tunisia

In 2022, approx. X square meters of knotted carpets and other knotted textile floor coverings were imported into Tunisia; waning by -51.1% compared with the previous year. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1,204%. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, knotted carpet imports reduced dramatically to $X in 2022. In general, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 543%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

France (X square meters), Turkey (X square meters) and Egypt (X square meters) were the main suppliers of knotted carpet imports to Tunisia, together accounting for 71% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +46.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of knotted carpets and other knotted textile floor coverings to Tunisia, comprising 47% of total imports. The second position in the ranking was taken by Egypt ($X), with a 5.1% share of total imports. It was followed by Turkey, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +63.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-7.7% per year) and Turkey (+1.9% per year).

Import Prices by Country

The average knotted carpet import price stood at $X per square meter in 2022, with an increase of 62% against the previous year. In general, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2021 when the average import price increased by 416% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per square meter), while the price for Turkey ($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 France (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform