Philippines - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKnotted Carpet Price in the Philippines - 2023
Contents:
- Knotted Carpet Price in the Philippines (CIF) - 2022
- Knotted Carpet Price in the Philippines (FOB) - 2022
- Knotted Carpet Imports in the Philippines
- Knotted Carpet Exports in the Philippines
Knotted Carpet Price in the Philippines (CIF) - 2022
The average knotted carpet import price stood at $3.5 per square meter in 2022, jumping by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2014 an increase of 43%. As a result, import price attained the peak level of $4.3 per square meter. From 2015 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 Japan ($20 per square meter), while the price for China ($2.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Knotted Carpet Price in the Philippines (FOB) - 2022
In 2022, the average knotted carpet export price amounted to $21 per square meter, dropping by -16.6% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 162% against the previous year. As a result, the export price reached the peak level of $56 per square meter. From 2021 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 the UK ($27 per square meter), while the average price for exports to Singapore ($16 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 Germany (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.
Knotted Carpet Imports in the Philippines
In 2022, the amount of knotted carpets and other knotted textile floor coverings imported into the Philippines fell remarkably to 241K square meters, waning by -19.5% on the previous year. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 118%. Over the period under review, imports hit record highs at 407K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, knotted carpet imports expanded to $853K in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Over the period under review, imports attained the maximum at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Knotted Carpet in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,137 | 334 | 497 | 448 | -26.7% |
Indonesia | 193 | 82.9 | 140 | 171 | -4.0% |
Japan | 0.7 | 5.2 | 2.5 | 91.5 | 407.5% |
Malaysia | 1.0 | N/A | 1.4 | 35.3 | 228.0% |
South Korea | 0.2 | 1.8 | 60.6 | 17.5 | 344.0% |
Others | 70.9 | 20.5 | 121 | 89.7 | 8.2% |
Total | 1,403 | 445 | 822 | 853 | -15.3% |
Top Suppliers of Knotted Carpet to the Philippines in 2022:
- China (203.5K square meters)
- Indonesia (14.3K square meters)
- South Korea (7.2K square meters)
- Malaysia (4.8K square meters)
- Japan (4.5K square meters)
Knotted Carpet Exports in the Philippines
In 2022, exports of knotted carpets and other knotted textile floor coverings from the Philippines shrank significantly to 1K square meters, with a decrease of -61% compared with the previous year. Over the period under review, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 603%. As a result, the exports attained the peak of 2.6K square meters, and then contracted rapidly in the following year.
In value terms, knotted carpet exports declined notably to $22K in 2022. In general, exports recorded a deep setback. The growth pace was the most rapid in 2021 when exports increased by 221% against the previous year. As a result, the exports attained the peak of $67K, and then fell sharply in the following year.
Export of Knotted Carpet in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 16.8 | N/A | 49.3 | 11.4 | -12.1% |
Micronesia | N/A | N/A | N/A | 6.8 | 0% |
United Kingdom | 0.6 | N/A | 2.8 | 3.2 | 74.7% |
Singapore | 0.1 | N/A | 3.0 | 0.4 | 58.7% |
Cyprus | N/A | 5.9 | N/A | N/A | 0% |
Switzerland | N/A | N/A | 0.3 | N/A | 0% |
Netherlands | 1.6 | N/A | 0.6 | N/A | -38.8% |
Australia | 1.5 | 6.2 | 6.1 | N/A | 101.7% |
Pakistan | 3.3 | N/A | N/A | N/A | 0% |
Others | 1.9 | 8.7 | 4.8 | N/A | 58.9% |
Total | 25.8 | 20.8 | 67.0 | 21.8 | -5.5% |
Top Export Markets for Knotted Carpet from the Philippines in 2022:
- United States (469.0 square meters)
- Micronesia (405.0 square meters)
- United Kingdom (116.0 square meters)
- Singapore (25.0 square meters)
This report provides an in-depth analysis of the knotted carpet market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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 the Philippines.
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 the Philippines.
This report provides an in-depth analysis of the global knotted carpet market.
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