Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China - 2024
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China (FOB) - 2024
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China (CIF) - 2024
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China (FOB) - 2024
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $4.8 per square meter in December 2023, declining by -3.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 5.4% m-o-m. Over the period under review, the average export prices reached the maximum at $5.3 per square meter in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Australia ($7.6 per square meter), while the average price for exports to Italy ($2.3 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China (CIF) - 2024
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $10.7 per square meter in December 2023, rising by 11% against the previous month. Over the period under review, the import price, however, saw a pronounced decrease. The pace of growth was the most pronounced in August 2023 when the average import price increased by 20% month-to-month. The import price peaked at $15.1 per square meter in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was India ($26.8 per square meter), while the price for Vietnam ($1.6 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China
After three years of growth, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -11.1% to 253M square meters in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Over the period under review, the exports of attained the peak figure at 285M square meters in 2021, and then contracted in the following year.
In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups fell to $1.4B in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $1.6B, and then reduced in the following year.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 235 | 201 | 230 | 221 | -2.0% |
| Japan | 136 | 132 | 148 | 141 | 1.2% |
| Australia | 82.9 | 83.3 | 77.6 | 91.8 | 3.5% |
| Vietnam | 88.7 | 94.2 | 82.3 | 78.0 | -4.2% |
| Saudi Arabia | 58.0 | 66.7 | 63.1 | 65.9 | 4.3% |
| Malaysia | 43.9 | 56.5 | 60.2 | 62.1 | 12.3% |
| Thailand | 18.8 | 15.2 | 20.6 | 40.8 | 29.5% |
| United Arab Emirates | 34.4 | 37.3 | 42.0 | 39.8 | 5.0% |
| South Korea | 24.1 | 25.8 | 31.9 | 38.8 | 17.2% |
| Spain | 37.8 | 41.8 | 56.8 | 31.4 | -6.0% |
| Israel | 24.4 | 29.9 | 29.7 | 25.1 | 0.9% |
| Russia | 24.8 | 23.3 | 26.5 | 21.8 | -4.2% |
| Peru | 11.5 | 8.2 | 12.7 | 20.4 | 21.1% |
| Others | 597 | 530 | 677 | 554 | -2.5% |
| Total | 1,417 | 1,346 | 1,558 | 1,432 | 0.4% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from China in 2022:
- United States (31.6M square meters)
- Japan (17.7M square meters)
- Saudi Arabia (17.5M square meters)
- Vietnam (15.4M square meters)
- Malaysia (12.4M square meters)
- Australia (11.8M square meters)
- United Arab Emirates (9.6M square meters)
- Spain (6.8M square meters)
- Israel (6.4M square meters)
- Russia (6.3M square meters)
- Peru (6.2M square meters)
- South Korea (6.0M square meters)
- Thailand (5.9M square meters)
Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China
Imports of carpets and other textile floor coverings; tufted, whether or not made ups into China declined significantly to 2.2M square meters in 2022, reducing by -19.5% compared with the previous year. Overall, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.4% against the previous year. Over the period under review, imports of hit record highs at 4.8M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups reduced remarkably to $37M in 2022. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 75% against the previous year. Imports peaked at $55M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.1 | 7.5 | 9.5 | 7.3 | -7.1% |
| United States | 16.1 | 3.4 | 4.2 | 4.0 | -37.1% |
| India | 3.1 | 1.8 | 2.4 | 3.5 | 4.1% |
| Belgium | 1.1 | 1.0 | 1.9 | 2.3 | 27.9% |
| Germany | 1.7 | 0.9 | 3.0 | 1.9 | 3.8% |
| Turkey | 3.1 | 1.7 | 1.4 | 1.8 | -16.6% |
| Thailand | 2.1 | 0.9 | 1.3 | 1.3 | -14.8% |
| Poland | 1.7 | 1.2 | 0.9 | 0.8 | -22.2% |
| Netherlands | 1.5 | 1.1 | 1.2 | 0.7 | -22.4% |
| South Korea | 3.0 | 0.6 | 0.9 | 0.7 | -38.4% |
| Vietnam | 1.7 | 1.6 | 0.7 | 0.6 | -29.3% |
| Nepal | 3.2 | 1.4 | 1.1 | 0.5 | -46.1% |
| Iran | 1.0 | 0.6 | 0.8 | 0.4 | -26.3% |
| Others | 6.4 | 5.7 | 22.1 | 10.7 | 18.7% |
| Total | 54.8 | 29.4 | 51.3 | 36.6 | -12.6% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to China in 2022:
- Japan (765.8K square meters)
- United States (226.9K square meters)
- India (180.2K square meters)
- Iran (164.1K square meters)
- Vietnam (150.1K square meters)
- Belgium (137.0K square meters)
- Turkey (96.0K square meters)
- South Korea (79.6K square meters)
- Germany (75.7K square meters)
- Poland (58.1K square meters)
- Netherlands (46.5K square meters)
- Nepal (17.6K square meters)
- Thailand (9.3K square meters)
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This report provides an in-depth analysis of the tufted carpet market in China.
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This report provides an in-depth analysis of the global tufted carpet market.
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This report provides an in-depth analysis of the tufted carpet market in China.
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This report provides an in-depth analysis of the global tufted carpet market.
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In December 2022, the tufted carpet price amounted to $12.1 per square meter (FOB, China), increasing by 7.5% against the previous month.
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In December 2022, the tufted carpet price amounted to $12.1 per square meter (FOB, China), increasing by 7.5% against the previous month.
