South-Eastern Asia: Needlefelt Carpet Market 2020

Needlefelt Carpet Market Size in South-Eastern Asia

The revenue of the needlefelt carpet market in South-Eastern Asia amounted to $X in 2017, rising 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 market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The level of needlefelt carpet consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Needlefelt Carpet Exports in South-Eastern Asia

In 2017, the amount of needlefelt carpets and other needlefelt textile floor coverings exported in South-Eastern Asia stood at X cubic meters, growing by X% against the previous year. The needlefelt carpet exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. In that year, the needlefelt carpet exports reached their peak volume of X cubic meters. From 2011 to 2017, growth of the needlefelt carpet exports failed to regain its momentum.

In value terms, needlefelt carpet exports totaled $X in 2017. The needlefelt carpet exports continue to indicate a relatively flat trend pattern. In that year, the needlefelt carpet exports reached their peak level of $X. From 2011 to 2017, growth of the needlefelt carpet exports stood at a somewhat lower level.

Needlefelt Carpet Exports by Country in South-Eastern Asia

In 2017, Singapore (X cubic meters), Vietnam (X cubic meters) and Indonesia (X cubic meters) represented the key exporters of needlefelt carpets and other needlefelt textile floor coverings in South-Eastern Asia, constituting X% of total export. It was distantly followed by Thailand (X cubic meters), achieving X% share of total exports. Malaysia (X cubic meters) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X) remains the largest needlefelt carpet supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Singapore totaled -X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Vietnam (+X% per year).

Needlefelt Carpet Export Prices by Country in South-Eastern Asia

The needlefelt carpet export price in South-Eastern Asia stood at $X per thousand cubic meters in 2017, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for needlefelt carpets and other needlefelt textile floor coverings reached its maximum level of $X per thousand cubic meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Thailand ($X per cubic meter), while Vietnam ($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 Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Needlefelt Carpet Imports in South-Eastern Asia

In 2017, needlefelt carpet imports in South-Eastern Asia amounted to X cubic meters, lowering by -X% against the previous year. The needlefelt carpet imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. In that year, the needlefelt carpet imports attained their peak volume of X cubic meters. From 2011 to 2017, growth of the needlefelt carpet imports failed to regain its momentum.

In value terms, needlefelt carpet imports amounted to $X in 2017. The needlefelt carpet imports continue to indicate a significant decrease. Over the period under review, the needlefelt carpet imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Needlefelt Carpet Imports by Country in South-Eastern Asia

In 2017, Singapore (X cubic meters) was the key importer for needlefelt carpets and other needlefelt textile floor coverings, mixed up X% of total imports. It was distantly followed by the Philippines (X cubic meters), Indonesia (X cubic meters) and Malaysia (X cubic meters), together creating X% share of total imports. Thailand (X cubic meters) and Vietnam (X cubic meters) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to needlefelt carpet imports into Singapore stood at -X%. At the same time, the Philippines (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%), Vietnam (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Singapore, Malaysia and Vietnam increased by X%, X% and X% percentage points, while Indonesia (-X%) and the Philippines (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Singapore, needlefelt carpet imports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Malaysia (-X% per year).

Needlefelt Carpet Import Prices by Country in South-Eastern Asia

The needlefelt carpet import price in South-Eastern Asia stood at $X per thousand cubic meters in 2017, picking up 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 2011, an increase of X% year-to-year. In that year, the import prices for needlefelt carpets and other needlefelt textile floor coverings reached their peak level of $X per thousand cubic meters. From 2012 to 2017, growth of the import prices for needlefelt carpets and other needlefelt textile floor coverings failed to regain its momentum.

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.

Source: IndexBox Platform