KATHMANDU, OCT 15, 2012
Export of Nepali woollen carpets witnessed an increment of 21.98 per cent in the last fiscal year. In fiscal year 2010-11, total export of Nepali carpets was worth Rs 4.92 billion, whereas in 2011-12, it increased to Rs six billion.
However, president of Nepali Carpet Exporters’ Association Kabindra Nath Thakur said the increase in the export volume of Nepali carpets was due to the increased dollar value at the time. “Currently, we do not have any huge orders, and the increased export volume is only due to the increase in the dollar rate,” he said.
According to statistics of the Trade and Export Promotion Centre, the export of Nepali woollen carpets has witnessed an increment in terms of value but export volume has decreased as compared to previous year. In 2010-2011, a total of 833,409 square metres of carpet was exported. However, quantity decreased to 684,455 square metres in 2011-12.
The association also said that carpet production also dropped by more than 80 percent in the last fiscal. During the hey day of the Nepali carpet industry, an individual factory used to produce about two lakh square metres of carpet annually. But at present, one company produces about 12,000-35,000 square metres of hand-knotted carpet annually.
There are around 160 carpet factories in operation. Based on annual production data of 2011-12, NP Rug Industry, Paramount Carpet Industry, Himalayan Art Carpet, Himalayan Tsultrim Carpet, Shangrila Carpet, Pema Rug Industry, TT Rugs Industry, Rolpa Carpet Industry, Senon Carpet Industry, and Ghangzong Carpet Industry are top 10 carpet companies in Nepal.
According to the association’s statistics, among the 10 top companies, NP Rugs manufactured about 35,900 square metres, whereas Paramount Carpet and Himalayan Art Carpet manufactured about 30,000 and 24,600 square metres, respectively. Paramount Carpet, previously, alone used to manufacture about two lakh square metres.
In fiscal year 2011-12, the United States topped the buyer’s list with a total import worth Rs 2.56 billion. Germany was the second largest buyer with a total import worth Rs 1.57 billion. According to the association, the major reason behind the decline in carpet exports is the financial crisis in Germany, which used to be the top buyer of Nepali hand-knotted carpets.
Due to the increasing cost of raw materials, high labour wages, and ineffective government facilities, the carpet industry is struggling for existence. The cost of wool has increased to Rs 450 per kg, which was Rs 200 a kg in 2010, while labour wages has increased to Rs 1100-Rs 1200 per metre, which was about Rs 500 per metre earlier.
Source: THT
Export of Nepali woollen carpets witnessed an increment of 21.98 per cent in the last fiscal year. In fiscal year 2010-11, total export of Nepali carpets was worth Rs 4.92 billion, whereas in 2011-12, it increased to Rs six billion.
However, president of Nepali Carpet Exporters’ Association Kabindra Nath Thakur said the increase in the export volume of Nepali carpets was due to the increased dollar value at the time. “Currently, we do not have any huge orders, and the increased export volume is only due to the increase in the dollar rate,” he said.
According to statistics of the Trade and Export Promotion Centre, the export of Nepali woollen carpets has witnessed an increment in terms of value but export volume has decreased as compared to previous year. In 2010-2011, a total of 833,409 square metres of carpet was exported. However, quantity decreased to 684,455 square metres in 2011-12.
The association also said that carpet production also dropped by more than 80 percent in the last fiscal. During the hey day of the Nepali carpet industry, an individual factory used to produce about two lakh square metres of carpet annually. But at present, one company produces about 12,000-35,000 square metres of hand-knotted carpet annually.
There are around 160 carpet factories in operation. Based on annual production data of 2011-12, NP Rug Industry, Paramount Carpet Industry, Himalayan Art Carpet, Himalayan Tsultrim Carpet, Shangrila Carpet, Pema Rug Industry, TT Rugs Industry, Rolpa Carpet Industry, Senon Carpet Industry, and Ghangzong Carpet Industry are top 10 carpet companies in Nepal.
According to the association’s statistics, among the 10 top companies, NP Rugs manufactured about 35,900 square metres, whereas Paramount Carpet and Himalayan Art Carpet manufactured about 30,000 and 24,600 square metres, respectively. Paramount Carpet, previously, alone used to manufacture about two lakh square metres.
In fiscal year 2011-12, the United States topped the buyer’s list with a total import worth Rs 2.56 billion. Germany was the second largest buyer with a total import worth Rs 1.57 billion. According to the association, the major reason behind the decline in carpet exports is the financial crisis in Germany, which used to be the top buyer of Nepali hand-knotted carpets.
Due to the increasing cost of raw materials, high labour wages, and ineffective government facilities, the carpet industry is struggling for existence. The cost of wool has increased to Rs 450 per kg, which was Rs 200 a kg in 2010, while labour wages has increased to Rs 1100-Rs 1200 per metre, which was about Rs 500 per metre earlier.
Source: THT
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