Asia: Needlefelt Carpet Market 2020

Needlefelt Carpet Market Size in Asia

The revenue of the needlefelt carpet market in Asia amounted to $X in 2017, coming down by -X% against the previous year. The needlefelt carpet consumption continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. Over the period under review, the needlefelt carpet market reached its maximum level of $X in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Needlefelt Carpet Production in Asia

In 2017, production of needlefelt carpets and other needlefelt textile floor coverings in Asia stood at X cubic meters, going up by X% against the previous year. The needlefelt carpet production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The volume of needlefelt carpet production peaked in 2017, and is likely to continue its growth in the immediate term.

Needlefelt Carpet Exports in Asia

In 2017, approx. X cubic meters of needlefelt carpets and other needlefelt textile floor coverings were exported in Asia; picking up by X% against the previous year. The total exports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the needlefelt carpet exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of exports peaked of X cubic meters in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, needlefelt carpet exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Needlefelt Carpet Exports by Country in Asia

China prevails in needlefelt carpet exports structure, reaching X cubic meters, which was approx. X% of total exports in 2017. It was distantly followed by Saudi Arabia (X cubic meters), mixed up X% share of total exports. The following exporters - the United Arab Emirates (X cubic meters), South Korea (X cubic meters), Singapore (X cubic meters), Vietnam (X cubic meters) and Taiwan, Chinese (X cubic meters) each recorded a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Vietnam (+X%), Taiwan, Chinese (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Singapore (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the United Arab Emirates increased by X% percentage points, while Saudi Arabia (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needlefelt carpet markets worldwide were Saudi Arabia ($X), China ($X) and Singapore ($X), with a combined X% share of total exports. These countries were followed by the United Arab Emirates, South Korea, Taiwan, Chinese and Vietnam, which together accounted for a further X%.

Vietnam (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Export Prices by Country in Asia

The needlefelt carpet export price in Asia stood at $X per thousand cubic meters in 2017, dropping by -X% against the previous year. The needlefelt carpet export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013, when the export prices increased by X% year-to-year. The level of export price peaked of $X per thousand cubic meters in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Saudi Arabia ($X per cubic meter), while China ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Imports in Asia

In 2017, imports of needlefelt carpets and other needlefelt textile floor coverings in Asia totaled X cubic meters, lowering by -X% against the previous year. The needlefelt carpet imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the needlefelt carpet imports reached its peak figure volume of X cubic meters in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, needlefelt carpet imports amounted to $X in 2017. The needlefelt carpet imports continue to indicate a moderate decline. In that year, the needlefelt carpet imports reached their peak level of $X. From 2011 to 2017, growth of the needlefelt carpet imports failed to regain its momentum.

Needlefelt Carpet Imports by Country in Asia

The countries with the highest levels of needlefelt carpet imports in 2017 were Pakistan (X cubic meters), Singapore (X cubic meters), the United Arab Emirates (X cubic meters), Turkey (X cubic meters), Saudi Arabia (X cubic meters), the Philippines (X cubic meters), Japan (X cubic meters), Indonesia (X cubic meters), Israel (X cubic meters), Malaysia (X cubic meters) and India (X cubic meters), together reaching X% of total import. China, Hong Kong SAR (X cubic meters) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest needlefelt carpet markets worldwide were Singapore ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), together comprising X% of total imports. Indonesia, Pakistan, Turkey, Japan, Israel, India, Malaysia, the Philippines and China, Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Pakistan (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Import Prices by Country in Asia

In 2017, the needlefelt carpet import price in Asia amounted to $X per thousand cubic meters, increasing by X% against the previous year. The needlefelt carpet import price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. In that year, the import prices for needlefelt carpets and other needlefelt textile floor coverings attained their peak level of $X per thousand cubic meters. From 2009 to 2017, growth of the import prices for needlefelt carpets and other needlefelt textile floor coverings stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Indonesia ($X per thousand cubic meters), while the Philippines ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform