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

Contents:

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

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

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $9.3 per square meter in March 2022, surging by 2.1% against the previous month. Over the last one-month period, it increased at an average monthly rate of +2.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In March 2022, the countries with the highest prices were Vietnam ($10.6 per square meter) and the UK ($10.5 per square meter), while the average price for exports to Thailand ($8.3 per square meter) and India ($8.3 per square meter) were amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+26.7%), 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 Indonesia (CIF) - 2022

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $8.2 per square meter in March 2022, with a decrease of -3.5% against the previous month. Overall, the import price showed a pronounced decline. As a result, import price reached the peak level of $8.5 per square meter, and then contracted slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was India ($23.9 per square meter), while the price for Thailand ($7.1 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 Japan (+3.5%), 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 Indonesia

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Indonesia expanded to 4.7M square meters, growing by 3.2% against 2021 figures. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 11%. The exports peaked at 5.7M 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 amounted to $28M in 2022. Over the period under review, exports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports of hit record highs at $31M 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan17.513.414.813.3-8.7%
India2.81.21.53.810.7%
Malaysia2.31.62.22.30.0%
United Kingdom0.70.71.72.041.9%
Australia2.12.62.01.8-5.0%
Vietnam1.11.81.41.22.9%
Thailand0.50.50.51.130.1%
Kenya0.80.90.60.5-14.5%
Others3.52.13.12.5-10.6%
Total31.324.827.828.4-3.2%

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

  1. Japan (1559.7K square meters)
  2. India (1058.7K square meters)
  3. Malaysia (540.4K square meters)
  4. United Kingdom (416.3K square meters)
  5. Australia (339.1K square meters)
  6. Vietnam (145.5K square meters)
  7. Thailand (103.3K square meters)
  8. Kenya (75.3K square meters)

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

In 2022, overseas purchases of carpets and other textile floor coverings; tufted, whether or not made ups increased by 26% to 937K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a sharp decline. Over the period under review, imports of hit record highs at 4.1M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups surged to $8.6M in 2022. Over the period under review, imports, however, recorded a precipitous contraction. Imports peaked at $34M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam0.8N/AN/A3.665.1%
Japan6.52.84.12.1-31.4%
Thailand3.50.90.40.9-36.4%
Malaysia0.40.50.90.826.0%
China21.41.60.70.8-66.6%
Others1.61.10.30.5-32.1%
Total34.36.96.48.6-36.9%

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

  1. Vietnam (424.7K square meters)
  2. Japan (208.9K square meters)
  3. Malaysia (102.6K square meters)
  4. Thailand (94.7K square meters)
  5. China (64.8K square meters)

Source: IndexBox Market Intelligence Platform

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