Indonesia: Carpet Market 2024

Carpet Market Size in Indonesia

The Indonesian carpet market stood at $X in 2022, growing by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Carpet Production in Indonesia

In value terms, carpet production amounted to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Carpet Exports

Exports from Indonesia

In 2022, shipments abroad of carpets and other textile floor coverings decreased by X% to X square meters, falling for the sixth consecutive year after five years of growth. In general, exports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X square meters. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, carpet exports plummeted to $X in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for carpet exports from Indonesia, with a X% share of total exports. Moreover, carpet exports to the United States exceeded the volume sent to the second major destination, Japan (X square meters), twofold. The third position in this ranking was held by Malaysia (X square meters), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Malaysia (X% per year).

In value terms, the United States ($X) remains the key foreign market for carpets and other textile floor coverings exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Japan (X% per year).

Export Prices by Country

The average carpet export price stood at $X per square meter in 2022, shrinking by X% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 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 Philippines ($X per square meter), while the average price for exports to Myanmar ($X 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 Philippines (X%), while the prices for the other major destinations experienced a decline.

Carpet Imports

Imports into Indonesia

In 2022, purchases abroad of carpets and other textile floor coverings decreased by X% to X square meters, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, carpet imports shrank sharply to $X in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X square meters) constituted the largest supplier of carpet to Indonesia, accounting for a X% share of total imports. Moreover, carpet imports from Turkey exceeded the figures recorded by the second-largest supplier, Japan (X square meters), threefold. The third position in this ranking was held by China (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and China (X% per year).

In value terms, the largest carpet suppliers to Indonesia were Turkey ($X), Japan ($X) and China ($X), with a combined X% share of total imports. Thailand, Iran and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Iran, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average carpet import price amounted to $X per square meter, which is down by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per square meter in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per square meter), while the price for Malaysia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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