Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Belgium - 2023

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Belgium (FOB) - 2023
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Belgium (CIF) - 2023
3. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Belgium
4. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Belgium

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Belgium (FOB) - 2023

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $8.1 per square meter in December 2023, dropping by -17.1% against the previous month. Overall, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in September 2023 an increase of 13% against the previous month. As a result, the export price attained the peak level of $10.2 per square meter. From October 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Norway ($28.0 per square meter), while the average price for exports to the UK ($8.5 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.3%), 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 Belgium (CIF) - 2023

In December 2023, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $5.0 per square meter, with a decrease of -54.5% against the previous month. In general, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 38% month-to-month. The import price peaked at $12.4 per square meter in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($26.0 per square meter), while the price for the United States ($67.0 per thousand square meters) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+17.5%), 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 Belgium

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Belgium dropped to 109M square meters, waning by -12.4% on the year before. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 3.4%. Over the period under review, the exports of reached the peak figure at 134M 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 fell to $888M in 2022. Overall, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 7.7%. As a result, the exports attained the peak of $991M, and then contracted in the following year.

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

1. United Kingdom (31.2M square meters)
2. Netherlands (20.0M square meters)
3. Germany (13.4M square meters)
4. France (8.8M square meters)
5. Poland (7.0M square meters)
6. Czech Republic (5.1M square meters)
7. Spain (1.8M square meters)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of carpets and other textile floor coverings; tufted, whether or not made ups, when their volume decreased by -23.4% to 18M square meters. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Imports peaked at 24M square meters in 2021, and then declined markedly in the following year.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups shrank remarkably to $93M in 2022. In general, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of $120M, and then declined sharply in the following year.

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

1. Netherlands (5.3M square meters)
2. China (3.8M square meters)
3. Czech Republic (2.7M square meters)
4. Vietnam (1.2M square meters)
5. Turkey (1.1M square meters)
6. Italy (0.6M square meters)
7. India (0.6M square meters)
8. France (0.6M square meters)
9. Germany (0.6M square meters)
10. Poland (0.4M square meters)
11. United Kingdom (0.3M square meters)

Source: IndexBox Market Intelligence Platform