Report Update: May 1, 2024

India - Hand-Woven Tapestries Of The Type Gobelins, Flanders, Aubusson, And Beauvais - Market Analysis, Forecast, Size, Trends And Insights

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Hand-Woven Tapestry Price in India - 2023

Hand-Woven Tapestry Price in India (FOB) - 2023

In September 2023, the average hand-woven tapestry export price amounted to $2.9 per square meter, leveling off at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 82% m-o-m. As a result, the export price attained the peak level of $6.2 per square meter. From February 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($3.8 per square meter), while the average price for exports to the United Arab Emirates ($441 per thousand square meters) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Woven Tapestry Price in India (CIF) - 2022

In 2022, the average hand-woven tapestry import price amounted to $6.6 per square meter, reducing by -2.6% against the previous year. Over the period under review, the import price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 50% against the previous year. The import price peaked at $6.8 per square meter in 2021, and then declined modestly in the following year.

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 Sri Lanka ($18 per square meter), while the price for Taiwan (Chinese) ($0.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand-Woven Tapestry Exports in India

In 2022, exports of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais from India declined to 182K square meters, waning by -7.2% against 2021. In general, exports showed a abrupt shrinkage. Over the period under review, the exports reached the maximum at 260K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, hand-woven tapestry exports shrank to $2.4M in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 7.8% against the previous year. As a result, the exports attained the peak of $3.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Hand-Woven Tapestry in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,771	3,077	1,927	1,943	-11.2%
United Kingdom	83.0	109	77.7	83.0	0.0%
Sudan	64.9	78.1	90.4	73.1	4.0%
Canada	59.1	54.1	21.9	34.9	-16.1%
Malaysia	45.3	23.8	38.8	26.2	-16.7%
Brazil	95.5	43.2	82.2	11.3	-50.9%
Italy	39.7	62.7	150	7.6	-42.4%
Nepal	10.3	7.9	10.2	6.9	-12.5%
Others	257	237	293	210	-6.5%
Total	3,426	3,693	2,690	2,396	-11.2%

Top Export Markets for Hand-Woven Tapestry from India in 2022:

United States (123.7K square meters)
Sudan (16.9K square meters)
United Kingdom (10.0K square meters)
Nepal (4.2K square meters)
Malaysia (4.1K square meters)
Canada (4.0K square meters)
Brazil (3.3K square meters)
Italy (0.7K square meters)

Hand-Woven Tapestry Imports in India

In 2022, the amount of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais imported into India skyrocketed to 16K square meters, picking up by 164% compared with 2021 figures. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 4,428% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, hand-woven tapestry imports soared to $108K in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,682% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Hand-Woven Tapestry in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sri Lanka	2.8	0.3	14.5	36.1	134.5%
China	1.8	0.1	6.5	15.0	102.7%
Thailand	1.6	0.1	4.1	12.8	100.0%
Taiwan (Chinese)	0.4	N/A	1.3	2.7	89.0%
Japan	0.4	N/A	N/A	2.2	76.5%
Others	2.5	0.3	15.7	39.2	150.3%
Total	9.6	0.9	42.1	108	124.1%

Top Suppliers of Hand-Woven Tapestry to India in 2022:

China (5.3K square meters)
Taiwan (Chinese) (4.9K square meters)
Thailand (3.1K square meters)
Sri Lanka (2.0K square meters)
Japan (0.3K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand-woven tapestry 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 13921620 - Hand-woven tapestries of the type Gobelins, Flanders, A ubusson, Beauvais, and needle-worked tapestries (including petit point, cross-stitch) whether or not made up

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023