Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania - 2023
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania (CIF) - 2023
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania (FOB) - 2023
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania (CIF) - 2023
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $11.7 per square meter in December 2023, declining by -6.7% against the previous month. In general, the import price saw a slight decrease. The pace of growth was the most pronounced in October 2023 when the average import price increased by 27% m-o-m. As a result, import price attained the peak level of $15.9 per square meter. From November 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($29.4 per square meter), while the price for Estonia ($4.2 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 (+4.4%), 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 Lithuania (FOB) - 2023
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $31.5 per square meter in December 2023, increasing by 9.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 61% m-o-m. Over the period under review, the average export prices hit record highs at $34.5 per square meter in October 2023; however, from November 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Belarus ($62.6 per square meter), while the average price for exports to Latvia ($12.3 per square meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+32.6%), 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 Lithuania
In 2022, imports of carpets and other textile floor coverings; tufted, whether or not made ups into Lithuania expanded markedly to 1.1M square meters, picking up by 12% on the year before. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. 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 expanded notably to $14M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained 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 Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.7 | 2.2 | 2.2 | 3.9 | 31.9% |
| Netherlands | 2.4 | 1.9 | 1.6 | 1.7 | -10.9% |
| Denmark | 0.5 | 0.6 | 1.6 | 1.6 | 47.4% |
| France | 1.2 | 1.4 | 1.4 | 1.2 | 0.0% |
| Poland | 0.7 | 0.8 | 1.3 | 1.1 | 16.3% |
| Latvia | 0.7 | 0.6 | 0.7 | 1.0 | 12.6% |
| Germany | 0.8 | 0.8 | 1.0 | 0.8 | 0.0% |
| China | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| United Kingdom | 1.4 | 2.2 | 0.1 | N/A | -73.3% |
| Others | 1.1 | 1.4 | 1.8 | 2.0 | 22.1% |
| Total | 10.7 | 12.0 | 11.8 | 13.5 | 8.1% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Lithuania in 2022:
- Belgium (358.7K square meters)
- Latvia (156.9K square meters)
- Netherlands (119.2K square meters)
- Poland (98.2K square meters)
- Denmark (71.8K square meters)
- Germany (63.4K square meters)
- China (59.0K square meters)
- France (53.2K square meters)
- United Kingdom (0.7K square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania
In 2022, exports of carpets and other textile floor coverings; tufted, whether or not made ups from Lithuania soared to 411K square meters, with an increase of 26% compared with the previous year's figure. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of 451K square meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups skyrocketed to $6.6M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4,146 | 4,709 | 4,651 | 4,156 | 0.1% |
| Kazakhstan | 345 | 254 | 297 | 1,553 | 65.1% |
| Kyrgyzstan | 94.1 | 18.0 | 39.8 | 153 | 17.6% |
| Uzbekistan | 51.9 | 679 | 76.0 | 133 | 36.8% |
| Latvia | 119 | 57.5 | 42.7 | 88.9 | -9.3% |
| Belarus | 164 | 174 | 62.9 | 86.0 | -19.4% |
| Others | 159 | 170 | 250 | 435 | 39.9% |
| Total | 5,079 | 6,061 | 5,419 | 6,605 | 9.2% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Lithuania in 2022:
- Russia (300.1K square meters)
- Kazakhstan (69.9K square meters)
- Kyrgyzstan (10.1K square meters)
- Latvia (9.4K square meters)
- Uzbekistan (6.9K square meters)
- Belarus (6.3K square meters)
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This report provides an in-depth analysis of the tufted carpet market in Lithuania.
994
This report provides an in-depth analysis of the global tufted carpet market.
139
This report provides an in-depth analysis of the tufted carpet market in Lithuania.
994
This report provides an in-depth analysis of the global tufted carpet market.
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