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

Contents:

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

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

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $1.5 per square meter in March 2022, dropping by -28.4% against the previous month. Overall, the export price saw a significant decline. As a result, the export price attained the peak level of $2.1 per square meter, and then contracted sharply in the following month.

Average prices varied noticeably for the major external markets. In March 2022, the country with the highest price was Russia ($1.5 per square meter), while the average price for exports to Kyrgyzstan ($1.4 per square meter) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (0.0%), while the prices for the other major destinations experienced a decline.

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

In March 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $3.7 per square meter, dropping by -27% against the previous month. Over the period under review, the import price continues to indicate a sharp curtailment. As a result, import price reached the peak level of $5.1 per square meter, and then shrank significantly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was India ($9.8 per square meter), while the price for Turkey ($1.5 per square meter) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups were finally on the rise to reach 5.4M square meters after two years of decline. Over the period under review, exports, however, faced a deep reduction. The exports peaked at 9.8M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups rose rapidly to $35M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Russia (4.1M square meters)
2. Ukraine (0.6M square meters)
3. Kyrgyzstan (0.4M square meters)
4. Kazakhstan (0.2M square meters)

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

Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Belarus reduced markedly to 782K square meters in 2022, waning by -42.5% against the previous year. Over the period under review, imports faced a sharp reduction. The smallest decline of -6.3% was in 2021. Over the period under review, imports of reached the maximum at 1.7M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups fell sharply to $5.6M in 2022. In general, imports faced a abrupt shrinkage. The smallest decline of -1.2% was in 2021. Imports peaked at $8.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Turkey (374.4K square meters)
2. Russia (107.1K square meters)
3. Belgium (83.1K square meters)
4. China (73.9K square meters)
5. Netherlands (57.9K square meters)
6. Germany (15.3K square meters)
7. India (13.5K square meters)

Source: IndexBox Market Intelligence Platform