Latest Report Update: Jan 17, 2020

Pakistan - Knotted Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Carpet Market Overview 2020

Carpet Market Size in Pakistan

The revenue of the carpet market in Pakistan amounted to $X in 2018, approximately mirroring the previous year. Over the period under review, carpet consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, the carpet market reached its peak level of $X. From 2009 to 2018, the growth of the carpet market failed to regain its momentum.

Carpet Production in Pakistan

In value terms, carpet production totaled $X in 2018 estimated in export prices. In general, carpet production, however, continues to indicate a temperate shrinkage. The growth pace was the most rapid in 2008 when production volume increased by X% year-to-year. In that year, carpet production attained its peak level of $X. From 2009 to 2018, carpet production growth failed to regain its momentum.

Carpet Exports

Exports from Pakistan

In 2018, the amount of knotted carpets and other textile floor coverings exported from Pakistan totaled X tonnes, going down by -X% against the previous year. Overall, carpet exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, carpet exports amounted to $X in 2018. Over the period under review, carpet exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, carpet exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X tonnes) was the main destination for carpet exports from Pakistan, accounting for a X% share of total exports. Moreover, carpet exports to the U.S. exceeded the volume sent to the second major destination, Germany (X tonnes), fivefold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Italy (-X% per year).

In value terms, the U.S. ($X) remains the key foreign market for carpet exports from Pakistan, comprising X% of total carpet exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Italy (-X% per year).

Export Prices by Country

The average carpet export price stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the carpet export price, however, continues to indicate a mild descent. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for knotted carpets and other textile floor coverings reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for knotted carpets and other textile floor coverings failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Japan ($X per tonne), while the average price for exports to Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced mixed trend patterns.

Carpet Imports

Imports into Pakistan

In 2018, the carpet imports into Pakistan amounted to X tonnes, dropping by -X% against the previous year. In general, carpet imports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, carpet imports amounted to $X in 2018. Over the period under review, carpet imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Nigeria (X tonnes) constituted the largest carpet supplier to Pakistan, accounting for a X% share of total imports. Moreover, carpet imports from Nigeria exceeded the figures recorded by the second-largest supplier, Afghanistan (X tonnes), fourfold. The third position in this ranking was occupied by the Czech Republic (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Nigeria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (-X% per year) and the Czech Republic (+X% per year).

In value terms, Afghanistan ($X) constituted the largest supplier of carpet to Pakistan, comprising X% of total carpet imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Afghanistan stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Iran (+X% per year).

Import Prices by Country

In 2018, the average carpet import price amounted to $X per tonne, rising by X% against the previous year. Overall, the carpet import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for knotted carpets and other textile floor coverings attained their maximum in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Iran ($X per tonne), while the price for Japan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Afghanistan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings

This report provides an in-depth analysis of the carpet 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 2025.


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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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