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

Contents:

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

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

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $5.4 per square meter, dropping by -15% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 1.8% against the previous year. The import price peaked at $11 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7.3 per square meter), while the price for Turkey ($2.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (-2.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $20 per square meter in 2022, jumping by 28% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 71%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was British Virgin Islands ($31 per square meter), while the average price for exports to Honduras ($2.8 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 Venezuela (+10.5%), 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 Colombia

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups imported into Colombia surged to 2.9M square meters, growing by 71% compared with 2021. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached 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 surged to $17M in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2020 indices. As a result, imports reached 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 Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.25.35.77.1-0.5%
United States3.71.91.94.02.6%
Belgium0.50.50.61.544.2%
Netherlands1.00.71.11.13.2%
Vietnam0.40.20.20.931.0%
India0.40.20.60.57.7%
Turkey0.50.10.30.2-26.3%
Others1.40.60.51.40.0%
Total15.29.610.816.63.0%

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

  1. China (1341.0K square meters)
  2. United States (545.6K square meters)
  3. Belgium (257.3K square meters)
  4. Netherlands (226.7K square meters)
  5. Vietnam (216.5K square meters)
  6. India (107.5K square meters)
  7. Turkey (66.9K square meters)

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

After two years of decline, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups increased by 0.6% to 4.1K square meters in 2022. Over the period under review, exports, however, showed a sharp shrinkage. Over the period under review, the exports of attained the maximum at 24K 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 skyrocketed to $82K in 2022. Overall, exports, however, faced a dramatic downturn. The exports peaked at $237K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru7.730.35.431.059.1%
Ecuador1924.043.925.7-48.8%
El SalvadorN/A27.5N/A12.6-32.3%
Panama23.232.10.26.8-33.6%
British Virgin IslandsN/AN/AN/A3.40%
Honduras0.818.51.01.933.4%
Guatemala10.4N/AN/A0.2-73.2%
Dominican RepublicN/AN/A13.2N/A0%
Others3.04.83.30.5-45.0%
Total23711767.282.1-29.8%

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

  1. Peru (1488.0 square meters)
  2. Ecuador (859.0 square meters)
  3. Honduras (673.0 square meters)
  4. El Salvador (539.0 square meters)
  5. Panama (417.0 square meters)
  6. British Virgin Islands (110.0 square meters)
  7. Guatemala (6.0 square meters)

Source: IndexBox Market Intelligence Platform

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