Thailand - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Knotted Carpet Price in Thailand - 2023

Contents:

  1. Knotted Carpet Price in Thailand (CIF) - 2022
  2. Knotted Carpet Price in Thailand (FOB) - 2022
  3. Knotted Carpet Imports in Thailand
  4. Knotted Carpet Exports in Thailand

Knotted Carpet Price in Thailand (CIF) - 2022

The average knotted carpet import price stood at $1.8 per square meter in 2022, reducing by -53.8% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 70% against the previous year. As a result, import price reached the peak level of $8 per square meter. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($6.5 per square meter), while the price for Estonia (less than $0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-2.8%), while the prices for the other major suppliers experienced a decline.

Knotted Carpet Price in Thailand (FOB) - 2022

In 2022, the average knotted carpet export price amounted to $9.3 per square meter, declining by -60.7% against the previous year. In general, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of 89%. The export price peaked at $29 per square meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($115 per square meter), while the average price for exports to Austria ($2.2 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 the United Arab Emirates (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Knotted Carpet Imports in Thailand

In 2022, approx. 338K square meters of knotted carpets and other knotted textile floor coverings were imported into Thailand; with an increase of 92% against the previous year's figure. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, knotted carpet imports fell to $605K in 2022. Over the period under review, imports, however, showed a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports reached the peak of $682K, and then contracted in the following year.

Import of Knotted Carpet in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2761994123296.0%
India11931.159.5112-2.0%
EstoniaN/AN/AN/A0.10%
Others236230210164-11.4%
Total631460682605-1.4%

Top Suppliers of Knotted Carpet to Thailand in 2022:

  1. China (163.2K square meters)
  2. Estonia (140.6K square meters)
  3. India (17.2K square meters)

Knotted Carpet Exports in Thailand

In 2022, knotted carpet exports from Thailand soared to 45K square meters, picking up by 413% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, knotted carpet exports surged to $417K in 2022. Over the period under review, exports, however, showed a perceptible shrinkage. Over the period under review, the exports hit record highs at $451K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knotted Carpet in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CambodiaN/A0.13.71273463.7%
United States87.833.120.51025.1%
Malaysia4.30.41.037.2105.3%
Vietnam75.20.90.45.0-59.5%
Myanmar12.10.12.83.9-31.4%
Germany20.61.84.93.1-46.8%
AustriaN/AN/AN/A2.70%
Saudi Arabia33.05.4N/A0.2-81.8%
Others21876.3174136-14.6%
Total451118207417-2.6%

Top Export Markets for Knotted Carpet from Thailand in 2022:

  1. Saudi Arabia (undefinedK square meters)
  2. United States (19.0K square meters)
  3. Malaysia (10.4K square meters)
  4. Cambodia (9.4K square meters)
  5. Austria (1.2K square meters)
  6. Vietnam (0.6K square meters)
  7. Myanmar (0.3K square meters)
  8. Germany (0.2K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knotted carpet market in Thailand. 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:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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