Latest Report Update: Dec 29, 2019

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

Carpet Market Size in the Philippines

The revenue of the carpet market in the Philippines amounted to $X in 2018, falling 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). Overall, carpet consumption, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. The Philippines carpet consumption peaked at $X in 2017, and then declined slightly in the following year.

Carpet Exports

Exports from the Philippines

Carpet exports from the Philippines stood at X tonnes in 2018, waning by -X% against the previous year. Overall, carpet exports continue to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The Philippines 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 drastic shrinkage. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. The Philippines exports peaked at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Turkey (X tonnes), distantly followed by China (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), India (X tonnes) and the U.S. (X tonnes) were the major exporters of carpets and other textile floor coverings, together committing X% of total exports. The following exporters - Germany (X tonnes) and the UK (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Belgium ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Among the main exporting countries, Turkey experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The carpet export price in the Philippines stood at $X per tonne in 2018, jumping by X% against the previous year. Overall, the carpet export price, however, continues to indicate a temperate decrease. The pace of growth was the most pronounced in 2011 when the export price increased by X% year-to-year. In that year, the export prices for carpets and other textile floor coverings attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the export prices for carpets and other textile floor coverings remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

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

Carpet Imports

Imports into the Philippines

In 2018, approx. X tonnes of carpets and other textile floor coverings were imported into the Philippines; waning by -X% against the previous year. Over the period under review, carpet imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. The Philippines imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, carpet imports amounted to $X in 2018. In general, carpet imports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. The Philippines imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by the UK (X tonnes), Germany (X tonnes), Canada (X tonnes) and Saudi Arabia (X tonnes) represented the main importers of carpets and other textile floor coverings, together generating X% of total imports. The following importers - the Netherlands (X tonnes), Belgium (X tonnes), Iraq (X tonnes), France (X tonnes), Australia (X tonnes), Japan (X tonnes) and Poland (X tonnes) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported carpets and other textile floor coverings into the Philippines, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: the UK (-X% per year) and Germany (-X% per year).

Import Prices by Country

The carpet import price in the Philippines stood at $X per tonne in 2018, jumping by X% against the previous year. Over the period under review, the carpet import price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The Philippines import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings
• Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
• Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings

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


Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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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