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Nepal - Tufted Carpets And Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTufted Carpet Price in Nepal - 2021
Contents:
- Tufted Carpet Price in Nepal (CIF) - 2022
- Tufted Carpet Price in Nepal (FOB) - 2022
- Tufted Carpet Imports in Nepal
- Tufted Carpet Exports in Nepal
Tufted Carpet Price in Nepal (CIF) - 2022
The average tufted carpet import price stood at $2.2 per square meter in 2022, declining by -28.9% against the previous year. In general, the import price recorded a slight descent. The pace of growth was the most pronounced in 2018 an increase of 8% against the previous year. Over the period under review, average import prices attained the maximum at $3 per square meter in 2021, and then plummeted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($6.8 per square meter), while the price for India ($1.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tufted Carpet Price in Nepal (FOB) - 2022
In 2022, the average tufted carpet export price amounted to $5.5 per square meter, shrinking by -54.5% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 501% against the previous year. As a result, the export price reached the peak level of $12 per square meter, and then declined significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.5% per year.
Tufted Carpet Imports in Nepal
In 2022, approx. 1.5M square meters of tufted carpets and other tufted textile floor coverings were imported into Nepal; rising by 43% against the year before. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tufted carpet imports rose slightly to $3.1M in 2022. Overall, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. Over the period under review, imports attained the maximum at $3.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Tufted Carpet in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1,128 | 807 | 1,212 | 991 | -4.2% |
India | 222 | 81.9 | 329 | 882 | 58.4% |
China | 884 | 504 | 318 | 550 | -14.6% |
United Arab Emirates | 412 | 179 | 402 | 290 | -11.0% |
Turkey | 425 | 179 | 525 | 246 | -16.7% |
Saudi Arabia | 335 | 57.4 | 42.2 | 119 | -29.2% |
Others | 150 | 135 | 249 | 56.7 | -27.7% |
Total | 3,555 | 1,943 | 3,077 | 3,134 | -4.1% |
Top Suppliers of Tufted Carpet to Nepal in 2022:
- India (731.5K square meters)
- Belgium (339.1K square meters)
- China (194.9K square meters)
- Turkey (80.8K square meters)
- Saudi Arabia (54.1K square meters)
- United Arab Emirates (42.9K square meters)
Tufted Carpet Exports in Nepal
Tufted carpet exports from Nepal reduced notably to 55K square meters in 2022, waning by -38.1% against 2021. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 127% against the previous year. As a result, the exports reached the peak of 89K square meters, and then declined dramatically in the following year.
In value terms, tufted carpet exports declined sharply to $301K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,267%. As a result, the exports attained the peak of $1.1M, and then dropped markedly in the following year.
Export of Tufted Carpet in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 85.5 | 46.5 | 56.0 | 204 | 33.6% |
United Arab Emirates | 20.5 | 2.6 | 72.4 | 2.5 | -50.4% |
Jordan | 0.1 | 1.2 | 40.3 | N/A | 1907.5% |
Others | 10.6 | 27.9 | 900 | 94.7 | 107.5% |
Total | 117 | 78.2 | 1,069 | 301 | 37.0% |
Top Export Markets for Tufted Carpet from Nepal in 2022:
- United Arab Emirates (undefinedK square meters)
- India (54.4K square meters)
This report provides an in-depth analysis of the tufted carpet market in Nepal. 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 13931300 - Tufted carpets and other tufted textile floor coverings
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- 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
-
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 tufted carpet market in Nepal.
This report provides an in-depth analysis of the global tufted carpet market.
This report provides an in-depth analysis of the tufted carpet market in Nepal.
This report provides an in-depth analysis of the global tufted carpet market.
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