Ethiopia - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKnotted Carpet Price in Ethiopia - 2022
Contents:
- Knotted Carpet Price in Ethiopia (CIF) - 2022
- Knotted Carpet Price in Ethiopia (FOB) - 2022
- Knotted Carpet Imports in Ethiopia
- Knotted Carpet Exports in Ethiopia
Knotted Carpet Price in Ethiopia (CIF) - 2022
The average knotted carpet import price stood at $34 per square meter in 2022, increasing by 73% against the previous year. Overall, the import price continues to indicate a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($44 per square meter), while the price for the United Arab Emirates ($3.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+25.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Knotted Carpet Price in Ethiopia (FOB) - 2022
In 2022, the average knotted carpet export price amounted to $28 per square meter, waning by -22.1% against the previous year. Over the period under review, the export price, however, recorded measured growth. The pace of growth appeared the most rapid in 2015 an increase of 274% against the previous year. As a result, the export price attained the peak level of $72 per square meter. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($116 per square meter), while the average price for exports to Rwanda ($3.2 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 Botswana (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Knotted Carpet Imports in Ethiopia
For the third year in a row, Ethiopia recorded decline in overseas purchases of knotted carpets and other knotted textile floor coverings, which decreased by -49% to 78K square meters in 2022. In general, imports showed a significant curtailment. The smallest decline of -8.1% was in 2021. Imports peaked at 289K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, knotted carpet imports fell to $2.6M in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Imports peaked at $3.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Knotted Carpet in Ethiopia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1,662 | 1,601 | 2,080 | 2,452 | 13.8% |
China | 70.3 | 103 | 200 | 73.0 | 1.3% |
Saudi Arabia | 52.8 | 28.8 | 82.8 | 60.5 | 4.6% |
United Arab Emirates | 983 | 633 | 467 | 34.6 | -67.2% |
United States | 325 | 18.1 | 69.8 | 1.2 | -84.5% |
Others | 157 | 95.1 | 103 | 25.3 | -45.6% |
Total | 3,250 | 2,480 | 3,002 | 2,647 | -6.6% |
Top Suppliers of Knotted Carpet to Ethiopia in 2022:
- Turkey (55.9K square meters)
- United Arab Emirates (11.2K square meters)
- China (7.0K square meters)
- Saudi Arabia (1.8K square meters)
- United States (0.1K square meters)
Knotted Carpet Exports in Ethiopia
In 2022, overseas shipments of knotted carpets and other knotted textile floor coverings decreased by -43.6% to 3.6K square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of 6.3K square meters, and then fell remarkably in the following year.
In value terms, knotted carpet exports declined rapidly to $100K in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, the exports attained the peak of $229K, and then fell rapidly in the following year.
Export of Knotted Carpet in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 36.1 | 21.8 | 43.8 | 44.5 | 7.2% |
United States | 1.7 | 10.2 | 20.5 | 12.2 | 92.9% |
Canada | 9.5 | 6.1 | 9.9 | 9.1 | -1.4% |
Botswana | N/A | N/A | N/A | 7.8 | 0% |
Senegal | 0.1 | 6.2 | 3.3 | 6.1 | 293.6% |
Italy | 0.2 | 0.2 | 0.3 | 4.9 | 190.4% |
Belgium | 12.3 | 17.1 | 7.7 | 2.5 | -41.2% |
Kenya | 23.9 | 0.3 | 1.7 | 1.4 | -61.2% |
Tunisia | N/A | 0.2 | N/A | 1.3 | 155.0% |
Australia | 0.1 | N/A | N/A | 0.7 | 91.3% |
Austria | 21.4 | N/A | N/A | 0.6 | -69.6% |
Rwanda | N/A | 0.2 | 1.7 | 0.2 | 0.0% |
Others | 43.9 | 83.6 | 140 | 9.3 | -40.4% |
Total | 149 | 146 | 229 | 100 | -12.4% |
Top Export Markets for Knotted Carpet from Ethiopia in 2022:
- Finland (1159.0 square meters)
- Senegal (917.0 square meters)
- Canada (327.0 square meters)
- United States (182.0 square meters)
- Tunisia (129.0 square meters)
- Australia (108.0 square meters)
- Italy (103.0 square meters)
- Kenya (97.0 square meters)
- Botswana (67.0 square meters)
- Rwanda (54.0 square meters)
- Austria (42.0 square meters)
- Belgium (26.0 square meters)
This report provides an in-depth analysis of the knotted carpet market in Ethiopia. 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
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- 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 knotted carpet market in Ethiopia.
This report provides an in-depth analysis of the global knotted carpet market.
This report provides an in-depth analysis of the knotted carpet market in Ethiopia.
This report provides an in-depth analysis of the global knotted carpet market.
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