India - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice of Indian Knotted Carpets Decreases by 3%, Reaching An Average of $86.9 per Square Meter
India Knotted Carpet Export Price in March 2023
In March 2023, the knotted carpet price stood at $86.9 per square meter (FOB, India), with a decrease of -2.6% against the previous month. Over the period under review, the export price, however, recorded slight growth. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 96% month-to-month. The export price peaked at $89.2 per square meter in February 2023, and then reduced in the following month.
There were significant differences in the average prices for the major external markets. In March 2023, the country with the highest price was the UK ($136 per square meter), while the average price for exports to Australia ($64.0 per square meter) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Knotted Carpet in India (USD per square meter) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| United Kingdom | 85.7 | 102 | 149 | 103 | 22.1 | 128 | 126 | 125 | 132 | 87.5 | 49.4 | 120 | 136 |
| Italy | 79.7 | 95.7 | 121 | 94.1 | 80.0 | 90.0 | 78.5 | 94.4 | 92.0 | 92.8 | 79.2 | 97.3 | 129 |
| United States | 77.7 | 80.8 | 79.0 | 75.3 | 78.6 | 82.7 | 80.6 | 75.4 | 80.8 | 80.3 | 84.4 | 88.1 | 85.0 |
| Germany | 62.5 | 81.4 | 99.3 | 69.5 | 76.5 | 52.3 | 77.2 | 74.7 | 66.7 | 65.2 | 106 | 86.8 | 74.5 |
| Australia | 65.1 | 88.1 | 60.2 | 83.0 | 81.6 | 67.8 | 83.5 | 55.4 | 85.7 | 105 | 68.2 | 89.2 | 64.0 |
| Average | 77.5 | 79.9 | 80.7 | 76.6 | 75.0 | 81.4 | 80.2 | 41.5 | 81.4 | 81.7 | 82.4 | 89.2 | 86.9 |
India Knotted Carpet Export Prices by Type
Average prices varied somewhat for the major types of exported product. In March 2023, the product with the highest price was carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up ($106 per square meter), while the average price for exports of carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up stood at $82.0 per square meter.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for the following types: carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up (+1.1%).
India Knotted Carpet Exports
In March 2023, shipments abroad of knotted carpets and other knotted textile floor coverings was finally on the rise to reach 353K square meters after two months of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when exports increased by 118% against the previous month. As a result, the exports reached the peak of 663K square meters. From November 2022 to March 2023, the growth of the exports remained at a lower figure.
In value terms, knotted carpet exports soared to $31M (IndexBox estimates) in March 2023. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
India Knotted Carpet Exports by Type
Carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up (281K square meters) was the largest type of knotted carpet exported from India, accounting for a 80% share of total exports. Moreover, carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up exceeded the volume of the second product type, carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up (72K square meters), fourfold.
From March 2022 to March 2023, the average monthly growth rate of the volume of export of carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up was relatively modest.
In value terms, carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up ($23M) remains the largest type of knotted carpet exported from India, comprising 75% of total exports. The second position in the ranking was held by carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up ($7.7M), with a 25% share of total exports.
From March 2022 to March 2023, the average monthly growth rate of the export volume of carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up was relatively modest.
India Knotted Carpet Exports by Country
The United States (265K square meters) was the main destination for knotted carpet exports from India, accounting for a 75% share of total exports. Moreover, knotted carpet exports to the United States exceeded the volume sent to the second major destination, Germany (16K square meters), more than tenfold. The third position in this ranking was taken by Australia (14K square meters), with a 3.9% share.
From March 2022 to March 2023, the average monthly growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-2.9% per month) and Australia (-1.5% per month).
In value terms, the United States ($23M) remains the key foreign market for knotted carpet exports from India, comprising 73% of total exports. The second position in the ranking was held by Germany ($1.2M), with a 3.8% share of total exports. It was followed by Australia, with a 2.8% share.
From March 2022 to March 2023, the average monthly growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-1.4% per month) and Australia (-1.7% per month).
This report provides an in-depth analysis of the knotted carpet market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
