Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Japan - 2024

Contents:

  1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Japan (CIF) - 2024
  2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Japan (FOB) - 2024
  3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Japan
  4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Japan

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Japan (CIF) - 2024

In November 2023, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $8.0 per square meter, with a decrease of -2.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 3.4% against the previous month. As a result, import price reached the peak level of $8.3 per square meter, and then reduced in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($14.4 per square meter), while the price for Vietnam ($7.3 per square meter) was amongst the lowest.

From February 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), 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 Japan (FOB) - 2024

In November 2023, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $12.1 per square meter, with an increase of 12% against the previous month. Over the last nine months, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in June 2023 an increase of 20% month-to-month. The export price peaked at $12.7 per square meter in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Mongolia ($17.3 per square meter), while the average price for exports to the United States ($6.5 per square meter) was amongst the lowest.

From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.3%), 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 Japan

In 2022, imports of carpets and other textile floor coverings; tufted, whether or not made ups into Japan contracted to 30M square meters, which is down by -5.8% on 2021 figures. Over the period under review, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 3% against the previous year. Over the period under review, imports of reached the peak figure at 34M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups stood at $257M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.1%. Imports peaked at $262M 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 Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1501461521540.9%
Thailand37.336.939.037.90.5%
Vietnam26.719.520.223.1-4.7%
Indonesia17.513.414.813.3-8.7%
Others30.126.526.128.8-1.5%
Total262242252257-0.6%

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

  1. China (18.9M square meters)
  2. Thailand (4.4M square meters)
  3. Vietnam (3.0M square meters)
  4. Indonesia (1.6M square meters)

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

In 2022, approx. 2.8M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were exported from Japan; leveling off at 2021. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7.6% against the previous year. The exports peaked at 3.7M 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 fell to $29M in 2022. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.1%. Over the period under review, the exports of reached the maximum at $39M 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 Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.96.98.66.3-7.3%
Vietnam5.84.33.64.0-11.6%
Taiwan (Chinese)2.12.02.13.417.4%
Thailand4.94.13.32.4-21.2%
Australia2.82.21.72.3-6.3%
Indonesia5.82.74.12.1-28.7%
India1.50.70.61.86.3%
United States1.20.71.21.1-2.9%
Hong Kong SAR1.41.41.11.0-10.6%
Mongolia0.40.40.90.826.0%
United Arab Emirates1.10.80.40.6-18.3%
Malaysia0.80.30.60.6-9.1%
Others3.62.63.22.5-11.4%
Total39.329.031.328.8-9.8%

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

  1. China (550.8K square meters)
  2. Vietnam (523.9K square meters)
  3. Thailand (349.0K square meters)
  4. Taiwan (Chinese) (332.2K square meters)
  5. Indonesia (253.5K square meters)
  6. United States (156.9K square meters)
  7. Australia (135.1K square meters)
  8. India (114.3K square meters)
  9. Hong Kong SAR (74.4K square meters)
  10. Mongolia (62.0K square meters)
  11. Malaysia (48.9K square meters)
  12. United Arab Emirates (36.8K square meters)

Source: IndexBox Market Intelligence Platform

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