Which Country Exports the Most Woven Carpets in the World?
Carpets And Rugs May 28, 2018
In 2016, the global exports of woven carpet stood at 812K tonnes, declining by -8.3% against the previous year figure. The total export volume increased at an average annual rate of +4.4% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when exports increased by 56% from the previous year level. Global woven carpet export peaked of 990K tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.
In value terms, woven carpet exports stood at $4.1B in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, woven carpet exports decreased by -13.3% against its level of 2014. Over the period under review, global woven carpet exports attained its maximum level of $4.8B in 2014; however, from 2015 to 2016, it failed to regain its strength.
Top Woven Carpet Exporting Countries in the World
1. Turkey (1,623.6 million USD)
2. China (402.8 million USD)
3. Germany (138.1 million USD)
4. Austria (75.6 million USD)
5. Saudi Arabia (50.9 million USD)
Woven Carpet Exports By Country
Turkey (538K tonnes) prevails in woven carpet exports structure, resulting at 538K tonnes, which was approx. 66% of total exports in 2016. It was distantly followed by China (76K tonnes), generating 9% share of total woven carpet exports. Saudi Arabia (25K tonnes), Germany (19K tonnes), and Austria (16K tonnes) followed a long way behind this figure.
Turkey was also the fastest growing in terms of the woven carpet exports, with a CAGR of +31.2% from 2007 to 2016. At the same time, Austria (+15.3%), and Germany (+7.2%) displayed positive paces of growth. China experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-7.1%) illustrated a downward trend over the same period. From 2007 to 2016, the share of Saudi Arabia increased by 3% percentage points, while Turkey (-60.5%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Turkey ($1.6B) remains the largest woven carpet supplier in the world, making up 39% of global exports. The second position in the ranking was occupied by China ($403M), with the share of 10% of global exports. It was followed by Germany, with the share of 3%.
From 2007 to 2016, the average annual rate of growth in terms of value of woven carpet exports in Turkey stood at +27.4%. In the other countries, the average annual rates were as follows: China (+4.9% per year) and Germany (+3.7% per year).
Woven Carpet Export Prices By Country
The average woven carpet export price stood at $5,108 per tonne in 2016, ascending by 8% against the previous year. Overall, woven carpet export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when export price increased by 12% y-o-y. Over the period under review, average woven carpet export price attained its maximum level of $5,210 per tonne in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.
Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($7,329 per tonne), while Saudi Arabia ($2,066 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of woven carpet export prices was attained by Global (-0.2% per year), while the other global leaders experienced a decline in the export price figures.
Do you want to know more about global woven carpet market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- woven carpet market share
- woven carpet prices
- woven carpet industry
- woven carpet sales
- woven carpet import
- woven carpet export
- woven carpet market forecast
- woven carpet price forecast
- key woven carpet producers
All data provided in this article covers the following product: HS Code 5702 - Carpets and other textile floor coverings; woven, (not tufted or flocked), whether or not made up, including kelem, schumacks, karamanie and similar hand-woven rugs.
Source: World: Carpets And Other Textile Floor Coverings - Market Report. Analysis and Forecast to 2026
