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

Contents:

  1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Finland (CIF) - 2023
  2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Finland (FOB) - 2022
  3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Finland
  4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Finland

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

In December 2023, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $22.1 per square meter, growing by 36% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +4.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($29.0 per square meter), while the price for Egypt ($6.2 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), 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 Finland (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $19 per square meter, waning by -10% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for carpets and other textile floor coverings; tufted, whether or not made ups increased by +80.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 101% against the previous year. As a result, the export price attained the peak level of $21 per square meter, and then shrank in the following year.

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 Lithuania ($37 per square meter), while the average price for exports to Bulgaria ($5.7 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 Latvia (+10.3%), 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 Finland

In 2022, approx. 2.7M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were imported into Finland; which is down by -10.9% on the previous year's figure. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 0.3%. Imports peaked at 3.2M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups shrank slightly to $38M in 2022. In general, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 0.2% against the previous year. Over the period under review, imports of reached the maximum at $42M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.010.29.18.3102.5%
Netherlands11.44.55.86.1-18.8%
Germany2.82.93.05.122.1%
Belgium5.24.04.13.8-9.9%
Poland3.22.33.43.42.0%
Denmark2.22.62.02.20.0%
Greece1.51.81.71.86.3%
China4.72.41.61.3-34.8%
Egypt3.51.92.71.0-34.1%
Czech Republic0.90.71.00.8-3.9%
United Kingdom2.12.30.60.8-27.5%
India1.50.81.10.7-22.4%
Others1.61.31.82.516.0%
Total41.737.737.837.8-3.2%

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

  1. Sweden (628.0K square meters)
  2. Netherlands (528.6K square meters)
  3. Belgium (245.2K square meters)
  4. Greece (218.1K square meters)
  5. Poland (202.9K square meters)
  6. Egypt (191.2K square meters)
  7. China (173.8K square meters)
  8. Germany (146.8K square meters)
  9. Denmark (89.1K square meters)
  10. Czech Republic (86.1K square meters)
  11. India (67.1K square meters)
  12. United Kingdom (34.1K square meters)

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

In 2022, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups increased by 73% to 108K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic curtailment. The exports peaked at 560K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups surged to $2M in 2022. Over the period under review, exports, however, showed a sharp shrinkage. Over the period under review, the exports of hit record highs at $6.3M 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia21518315183257.0%
Sweden4,2063,285222308-58.2%
Estonia355399330299-5.6%
Poland8.460.31.5113137.8%
Lithuania55.954.362.994.119.0%
Bulgaria84.8172N/A89.41.8%
Latvia33.026.034.250.114.9%
Denmark69092214.711.8-74.2%
United Kingdom36833919.111.5-68.5%
Others319262472228-10.6%
Total6,3365,7041,3072,036-31.5%

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

  1. Russia (34.7K square meters)
  2. Sweden (29.9K square meters)
  3. Bulgaria (15.7K square meters)
  4. Estonia (14.9K square meters)
  5. Poland (4.1K square meters)
  6. Lithuania (2.5K square meters)
  7. Latvia (1.6K square meters)
  8. Denmark (1.1K square meters)
  9. United Kingdom (0.9K square meters)

Source: IndexBox Market Intelligence Platform

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