Report Update: May 1, 2024

Pakistan - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights

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Tufted Textile Fabric Price in Pakistan - 2023

Tufted Textile Fabric Price in Pakistan (FOB) - 2022

In 2022, the average tufted textile fabric export price amounted to $1.4 per square meter, shrinking by -15.3% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 120% against the previous year. As a result, the export price attained the peak level of $8.5 per square meter. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($1.9 per square meter), while the average price for exports to the United States totaled $1.4 per square meter.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-0.9%).

Tufted Textile Fabric Price in Pakistan (CIF) - 2022

In 2022, the average tufted textile fabric import price amounted to $1.1 per square meter, which is down by -30.3% against the previous year. Overall, the import price showed a noticeable slump. The growth pace was the most rapid in 2016 when the average import price increased by 11% against the previous year. The import price peaked at $1.8 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.1% per year.

Tufted Textile Fabric Exports in Pakistan

In 2022, approx. 124K square meters of tufted textile fabrics were exported from Pakistan; growing by 182% against 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 195% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, tufted textile fabric exports surged to $176K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 220%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Tufted Textile Fabric in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	53.3	134	73.6	158	43.7%
Australia	N/A	36.6	N/A	17.7	-30.5%
Others	N/A	N/A	N/A	N/A	0%
Total	53.3	171	73.6	176	48.9%

Top Export Markets for Tufted Textile Fabric from Pakistan in 2022:

United States (115.1K square meters)
Australia (9.4K square meters)

Tufted Textile Fabric Imports in Pakistan

For the fourth year in a row, Pakistan recorded growth in supplies from abroad of tufted textile fabrics, which increased by 7.7% to 53K square meters in 2022. The total import volume increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tufted textile fabric imports reduced remarkably to $59K in 2022. Overall, imports, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. Imports peaked at $79K in 2021, and then declined dramatically in the following year.

Import of Tufted Textile Fabric in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	52.8	77.5	78.9	59.1	3.8%
United Kingdom	7.0	N/A	N/A	N/A	0%
Others	3.0	N/A	N/A	0.2	-59.5%
Total	62.8	77.5	78.9	59.2	-1.9%

Top Suppliers of Tufted Textile Fabric to Pakistan in 2022:

China (53.0K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tufted textile fabric market in Pakistan. 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 13204500 - Tufted textile fabrics (excluding tufted carpets and other textile floor coverings)

Country coverage:

Pakistan

Data coverage:

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

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