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

Contents:

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

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

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $2.8 per square meter in 2022, with an increase of 8.9% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. Over the period under review, average import prices attained the maximum at $5.9 per square meter in 2013; however, from 2014 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 Iran ($8.1 per square meter), while the price for Turkey ($2.5 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 (+4.1%), 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 Iraq (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $16 per square meter, picking up by 32% against the previous year. Over the period under review, the export price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 96%. The export price peaked at $29 per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($25 per square meter), while the average price for exports to Jordan ($10 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 Saudi Arabia (+50.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of carpets and other textile floor coverings; tufted, whether or not made ups into Iraq amounted to 33M square meters, increasing by 11% compared with the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups soared to $93M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Turkey (31.8M square meters)
2. China (1.3M square meters)

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

After three years of growth, shipments abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -22.7% to 13K square meters in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 749% against the previous year. The exports peaked at 17K square meters in 2021, and then contracted markedly in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups dropped notably to $154K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 284%. As a result, the exports reached the peak of $203K, and then declined remarkably in the following year.

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

1. Jordan (6.3K square meters)
2. Kuwait (5.5K square meters)
3. Netherlands (0.8K square meters)
4. Turkey (0.2K square meters)

Source: IndexBox Market Intelligence Platform