Bahrain: Carpet Market 2024

Carpet Market Size in Bahrain

The Bahraini carpet market shrank sharply to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Carpet Production in Bahrain

In value terms, carpet production soared to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Carpet Exports

Exports from Bahrain

In 2022, approx. X square meters of carpets and other textile floor coverings were exported from Bahrain; falling by X% on 2021. In general, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, carpet exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X square meters), Qatar (X square meters) and the United Arab Emirates (X square meters) were the main destinations of carpet exports from Bahrain, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Qatar ($X) and Italy ($X) appeared to be the largest markets for carpet exported from Bahrain worldwide, together accounting for X% of total exports. The United Arab Emirates, Oman, Morocco and Kuwait lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average carpet export price amounted to $X per square meter, jumping by X% against the previous year. Overall, the export price continues to indicate slight growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per square meter. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Kuwait ($X 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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports

Imports into Bahrain

In 2022, approx. X square meters of carpets and other textile floor coverings were imported into Bahrain; with a decrease of X% against the previous year. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, carpet imports declined remarkably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

Turkey (X square meters), China (X square meters) and Iran (X square meters) were the main suppliers of carpet imports to Bahrain, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest carpet suppliers to Bahrain were Turkey ($X), China ($X) and Iran ($X), with a combined X% share of total imports.

Among the main suppliers, Iran, with a CAGR of X%, saw 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 carpet import price stood at $X per square meter in 2022, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 India ($X per square meter), while the price for China ($X 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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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