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

Contents:

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

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

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $3.8 per square meter in 2022, which is down by -20.6% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 15% against the previous year. The import price peaked at $6.9 per square meter in 2014; however, from 2015 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 Germany ($12 per square meter), while the price for Turkey ($1.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $5.2 per square meter, dropping by -25.6% against the previous year. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 79% against the previous year. Over the period under review, the average export prices hit record highs at $17 per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15 per square meter), while the average price for exports to North Macedonia ($3 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 the United States (-1.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups imported into Bulgaria skyrocketed to 4M square meters, with an increase of 48% against 2021 figures. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups soared to $16M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.02.63.74.111.0%
Belgium4.13.03.64.10.0%
Netherlands2.11.71.81.9-3.3%
India0.20.50.71.281.7%
China0.51.31.31.233.9%
Germany0.50.60.40.3-15.7%
VietnamN/AN/A0.20.20.0%
EgyptN/A0.20.20.1-29.3%
Serbia0.20.10.20.1-20.6%
Others1.61.41.22.414.5%
Total12.311.313.215.68.2%

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

  1. Turkey (2484.2K square meters)
  2. Belgium (406.3K square meters)
  3. Netherlands (325.4K square meters)
  4. China (223.1K square meters)
  5. India (188.1K square meters)
  6. Vietnam (71.0K square meters)
  7. Egypt (43.8K square meters)
  8. Serbia (40.5K square meters)
  9. Germany (30.2K square meters)

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

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Bulgaria soared to 528K square meters, rising by 50% against 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups totaled $2.8M in 2022. Over the period under review, exports, however, faced a abrupt curtailment. Over the period under review, the exports of attained the peak figure at $3.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania3461,0351,0821,11047.5%
Greece57.0261474554113.4%
Serbia42.781.086.1400110.8%
Bosnia and Herzegovina3.070.487.1200305.5%
Georgia50.340.148.915645.8%
KosovoN/A0.35.150.21193.6%
North Macedonia64.585.055.147.5-9.7%
Germany30518832921.8-58.5%
United States2,7641,4817.34.3-88.4%
Belgium13477.556.7N/A-35.0%
ItalyN/A44.8N/AN/A0%
Others1811822412328.6%
Total3,9483,5462,4722,776-11.1%

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

  1. Romania (160.6K square meters)
  2. Serbia (127.4K square meters)
  3. Greece (78.5K square meters)
  4. Bosnia and Herzegovina (62.2K square meters)
  5. Georgia (28.6K square meters)
  6. North Macedonia (15.9K square meters)
  7. Kosovo (14.0K square meters)
  8. Germany (2.8K square meters)
  9. United States (0.3K square meters)

Source: IndexBox Market Intelligence Platform

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