Central Asia: Needlefelt Carpet Market 2020

Needlefelt Carpet Market Size in Central Asia

The revenue of the needlefelt carpet market in Central Asia amounted to $X in 2017, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The needlefelt carpet consumption continues to indicate a measured decline. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the needlefelt carpet market attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Needlefelt Carpet Exports in Central Asia

In 2017, needlefelt carpet exports in Central Asia stood at X cubic meters, coming down by -X% against the previous year. The needlefelt carpet exports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the needlefelt carpet exports reached its maximum volume of X cubic meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, needlefelt carpet exports amounted to $X in 2017. The needlefelt carpet exports continue to indicate a drastic setback. Over the period under review, the needlefelt carpet exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Needlefelt Carpet Exports by Country in Central Asia

Kyrgyzstan prevails in needlefelt carpet exports structure, amounting to X cubic meters, which was approx. X% of total exports in 2017. The following exporters - Kazakhstan (X cubic meters) and Mongolia (X cubic meters) together made up X% of total exports.

Exports from Kyrgyzstan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. By contrast, Mongolia (-X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X%) and Mongolia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Kazakhstan (-X%) displayed negative dynamics.

In value terms, Kyrgyzstan ($X) remains the largest needlefelt carpet supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Kyrgyzstan totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mongolia (-X% per year) and Kazakhstan (+X% per year).

Needlefelt Carpet Export Prices by Country in Central Asia

The needlefelt carpet export price in Central Asia stood at $X per thousand cubic meters in 2017, shrinking by -X% against the previous year. The needlefelt carpet export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the export 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 export prices for needlefelt carpets and other needlefelt textile floor coverings stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mongolia ($X per cubic meter), while Kazakhstan ($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 Mongolia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Needlefelt Carpet Imports in Central Asia

In 2017, the amount of needlefelt carpets and other needlefelt textile floor coverings imported in Central Asia stood at X cubic meters, going down by -X% against the previous year. The needlefelt carpet imports continue to indicate a mild reduction. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the needlefelt carpet imports attained its peak figure volume of X cubic meters in 2012; however, from 2013 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 relatively flat trend pattern. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Needlefelt Carpet Imports by Country in Central Asia

In 2017, Kazakhstan (X cubic meters) was the largest importer for needlefelt carpets and other needlefelt textile floor coverings, making up X% of total imports. Kyrgyzstan (X cubic meters) ranks second in terms of the global imports with a X% share, followed by Mongolia (X%).

Kazakhstan experienced a relatively flat trend pattern of needlefelt carpets and other needlefelt textile floor coverings imports. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. By contrast, Mongolia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mongolia increased by X% percentage points, while Kyrgyzstan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported needlefelt carpets and other needlefelt textile floor coverings in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Mongolia (-X% per year) and Kyrgyzstan (+X% per year).

Needlefelt Carpet Import Prices by Country in Central Asia

In 2017, the needlefelt carpet import price in Central Asia amounted to $X per thousand cubic meters, coming down by -X% against the previous year. The needlefelt carpet import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. The level of import price peaked of $X per thousand cubic meters in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mongolia ($X per thousand cubic meters), while Kyrgyzstan ($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 Mongolia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform