Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria - 2022

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria (CIF) - 2022
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria (FOB) - 2022
3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria
4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria (CIF) - 2022

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $5.6 per square meter, rising by 40% against the previous year. In general, the import price, however, saw a noticeable decrease. The import price peaked at $9 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($19 per square meter), while the price for Turkey ($2.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $22 per square meter, with an increase of 134% against the previous year. Overall, the export price, however, saw a pronounced decline. The export price peaked at $35 per square meter in 2014; however, from 2015 to 2022, the 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 Switzerland ($45 per square meter), while the average price for exports to Turkey ($9 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 Switzerland (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria

In 2022, imports of carpets and other textile floor coverings; tufted, whether or not made ups into Algeria contracted rapidly to 540K square meters, which is down by -75.8% on the previous year's figure. Overall, imports faced a dramatic descent. The smallest decline of -7.8% was in 2021. Imports peaked at 2.7M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups declined notably to $2.9M in 2022. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -6.8% was in 2021. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Algeria in 2022:

1. Turkey (287.7K square meters)
2. China (99.8K square meters)
3. Vietnam (81.6K square meters)
4. United Arab Emirates (15.4K square meters)
5. Egypt (12.6K square meters)
6. Italy (11.3K square meters)
7. Belgium (11.1K square meters)

Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Algeria

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Algeria fell sharply to 133 square meters, reducing by -94.6% compared with the previous year. Over the period under review, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 649%. As a result, the exports reached the peak of 2.5K square meters, and then fell dramatically in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups fell significantly to $2.9K in 2022. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 215% against the previous year. As a result, the exports reached the peak of $24K, and then declined significantly in the following year.

Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Algeria in 2022:

1. France (55.0 square meters)
2. Niger (31.0 square meters)
3. Angola (17.0 square meters)
4. Portugal (15.0 square meters)
5. Ghana (7.0 square meters)
6. Switzerland (6.0 square meters)
7. Turkey (1.0 square meters)

Source: IndexBox Market Intelligence Platform