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Pakistan - Knotted Carpets and Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPakistan: Knotted Carpet Market 2024
Knotted Carpet Market Size in Pakistan
The Pakistani knotted carpet market reduced to $X in 2023, waning by X% against the previous year. Over the period under review, consumption showed a pronounced decline. Knotted carpet consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.
Knotted Carpet Production in Pakistan
In value terms, knotted carpet production rose sharply to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a slight setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.
Knotted Carpet Exports
Exports from Pakistan
In 2023, shipments abroad of knotted carpets and other knotted textile floor coverings increased by X% to X square meters, rising for the third consecutive year after two years of decline. In general, exports enjoyed perceptible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, knotted carpet exports contracted remarkably to $X in 2023. Overall, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X square meters) was the main destination for knotted carpet exports from Pakistan, with a X% share of total exports. Moreover, knotted carpet exports to the United States exceeded the volume sent to the second major destination, Germany (X square meters), tenfold. Turkey (X square meters) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Turkey (X% per year).
In value terms, the United States ($X) remains the key foreign market for knotted carpets and other knotted textile floor coverings exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.
From 2012 to 2023, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Turkey (X% per year).
Export Prices by Country
The average knotted carpet export price stood at $X per square meter in 2023, falling by X% against the previous year. In general, the export price saw a deep downturn. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked at $X per square meter in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Japan ($X per square meter) and Canada ($X per square meter), while the average price for exports to Turkey ($X per square meter) and Austria ($X per square meter) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.
Knotted Carpet Imports
Imports into Pakistan
After five years of growth, purchases abroad of knotted carpets and other knotted textile floor coverings decreased by X% to X square meters in 2023. Overall, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, knotted carpet imports reduced rapidly to $X in 2023. Over the period under review, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Afghanistan (X square meters), Iran (X square meters) and the United States (X square meters) were the main suppliers of knotted carpet imports to Pakistan, together comprising X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest knotted carpet suppliers to Pakistan were Afghanistan ($X), Iran ($X) and the United States ($X), with a combined X% share of total imports.
In terms of the main suppliers, Afghanistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average knotted carpet import price stood at $X per square meter in 2023, waning by X% against the previous year. Over the period under review, the import price recorded a mild contraction. The growth pace was the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per square meter. From 2018 to 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for the United Arab Emirates ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the knotted 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
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
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