Pakistan - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarpet Price in Pakistan - 2023
Contents:
- Carpet Price in Pakistan (FOB) - 2022
- Carpet Price in Pakistan (CIF) - 2022
- Carpet Exports in Pakistan
- Carpet Imports in Pakistan
Carpet Price in Pakistan (FOB) - 2022
The average carpet export price stood at $35 per square meter in 2022, shrinking by -11.2% against the previous year. Over the period under review, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2014 an increase of 24%. As a result, the export price attained the peak level of $45 per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($38 per square meter), while the average price for exports to Afghanistan ($7.1 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 Afghanistan (+2.5%), while the prices for the other major destinations experienced a decline.
Carpet Price in Pakistan (CIF) - 2022
In 2022, the average carpet import price amounted to $3.9 per square meter, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 an increase of 30% against the previous year. As a result, import price attained the peak level of $4 per square meter. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($10 per square meter), while the price for Egypt ($2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Carpet Exports in Pakistan
In 2022, approx. 2.4M square meters of carpets and other textile floor coverings were exported from Pakistan; picking up by 18% compared with the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, carpet exports rose modestly to $84M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Carpet in Pakistan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.9 | 28.0 | 42.1 | 50.5 | 14.2% |
Germany | 4.9 | 5.3 | 6.0 | 4.7 | -1.4% |
Turkey | 2.2 | 1.3 | 1.5 | 3.6 | 17.8% |
United Kingdom | 3.1 | 2.5 | 3.4 | 3.6 | 5.1% |
Italy | 4.2 | 2.5 | 4.1 | 3.0 | -10.6% |
Australia | 1.1 | 1.7 | 2.5 | 2.2 | 26.0% |
Austria | 1.8 | 1.3 | 2.5 | 2.0 | 3.6% |
Spain | 1.5 | 1.2 | 1.6 | 1.8 | 6.3% |
France | 1.7 | 1.4 | 2.3 | 1.5 | -4.1% |
Japan | 2.1 | 1.8 | 1.8 | 1.4 | -12.6% |
Canada | 1.9 | 1.4 | 1.6 | 1.3 | -11.9% |
Sweden | 0.8 | 0.8 | 1.3 | 0.5 | -14.5% |
Qatar | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
Others | 8.3 | 5.7 | 8.9 | 7.5 | -3.3% |
Total | 68.0 | 55.4 | 80.1 | 83.8 | 7.2% |
Top Export Markets for Carpet from Pakistan in 2022:
- United States (1350.2K square meters)
- Germany (145.4K square meters)
- Turkey (106.4K square meters)
- United Kingdom (97.5K square meters)
- Italy (85.3K square meters)
- Spain (68.5K square meters)
- Austria (58.9K square meters)
- Australia (56.5K square meters)
- Japan (54.7K square meters)
- France (47.8K square meters)
- Canada (34.3K square meters)
- Sweden (32.7K square meters)
- Qatar (19.9K square meters)
Carpet Imports in Pakistan
In 2022, approx. 2.6M square meters of carpets and other textile floor coverings were imported into Pakistan; with a decrease of -48.7% compared with 2021 figures. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of 5.1M square meters, and then dropped notably in the following year.
In value terms, carpet imports reduced notably to $10M in 2022. In general, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of $17M, and then fell dramatically in the following year.
Import of Carpet in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Afghanistan | 1.0 | 1.8 | 3.1 | 2.4 | 33.9% |
China | 3.5 | 2.8 | 4.6 | 2.0 | -17.0% |
Turkey | 2.8 | 1.7 | 2.1 | 1.9 | -12.1% |
Iran | 1.4 | 2.4 | 2.6 | 1.5 | 2.3% |
United States | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
Thailand | 0.2 | 0.1 | 0.8 | 0.4 | 26.0% |
United Arab Emirates | 1.8 | 0.7 | 0.4 | 0.3 | -45.0% |
South Korea | 0.6 | 0.7 | 0.8 | 0.3 | -20.6% |
United Kingdom | 0.3 | 0.7 | 0.5 | 0.2 | -12.6% |
Saudi Arabia | 0.3 | 0.3 | 0.3 | 0.1 | -30.7% |
Egypt | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
Others | 0.8 | 0.5 | 0.9 | 0.5 | -14.5% |
Total | 13.0 | 12.2 | 17.0 | 10.2 | -7.8% |
Top Suppliers of Carpet to Pakistan in 2022:
- Afghanistan (562.6K square meters)
- Turkey (552.8K square meters)
- Iran (543.0K square meters)
- China (507.6K square meters)
- United States (98.1K square meters)
- South Korea (66.8K square meters)
- Egypt (51.6K square meters)
- Thailand (46.9K square meters)
- United Kingdom (41.8K square meters)
- United Arab Emirates (31.3K square meters)
- Saudi Arabia (19.8K square meters)
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 2030.
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
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the carpet market in Pakistan.
This report provides an in-depth analysis of the global carpet market.
This report provides an in-depth analysis of the carpet market in Pakistan.
This report provides an in-depth analysis of the global carpet market.
This article explores the top import markets for carpets based on data from the IndexBox market intelligence platform. The United States, United Kingdom, Germany, Canada, Japan, Australia, France, Netherlands, Saudi Arabia, and Poland are identified as the top import markets. Each market has unique preferences and characteristics, presenting significant opportunities for exporters. IndexBox provides accurate and up-to-date data on global import and export markets, enabling businesses to make informed decisions and identify new market opportunities.
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In value terms, carpets and other textile floor coverings imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the ...
In value terms, carpets and other textile floor coverings of felt exports stood at $X in 2016. In general, carpets and other textile floor coverings of felt exports continue to indicate a temperate...
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In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
In 2016, approx. X tons of knotted carpet were imported worldwide- dropping by -X% against the previous year figure. Overall, knotted carpet imports continue to indicate a abrupt downturn. The m...
In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>