Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia - 2024
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia (CIF) - 2022
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia (FOB) - 2022
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia (CIF) - 2022
In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $3.8 per square meter, approximately equating the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 11%. The import price peaked at $4.2 per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($6.6 per square meter), while the price for Vietnam ($2.8 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia (FOB) - 2022
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $6.1 per square meter in 2022, rising by 8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 84% against the previous year. The export price peaked at $9 per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($17 per square meter), while the average price for exports to Indonesia ($2.3 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 the Philippines (+8.8%), 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 Malaysia
In 2022, approx. 15M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were imported into Malaysia; surging by 12% on the previous year. The total import volume increased at an average annual rate of +2.6% 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 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups expanded significantly to $57M in 2022. The total import value increased at an average annual rate of +2.6% 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 2021 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.8 | 31.0 | 38.7 | 43.7 | 5.0% |
| India | 1.0 | 0.4 | 1.0 | 2.7 | 39.2% |
| Indonesia | 2.3 | 1.6 | 2.2 | 2.3 | 0.0% |
| Thailand | 3.6 | 2.9 | 2.4 | 1.1 | -32.6% |
| Turkey | 0.9 | 0.7 | 0.6 | 0.8 | -3.9% |
| Vietnam | 0.2 | 0.4 | 0.5 | 0.8 | 58.7% |
| Others | 6.4 | 3.2 | 4.7 | 5.1 | -7.3% |
| Total | 52.4 | 40.2 | 50.0 | 56.5 | 2.5% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Malaysia in 2022:
- China (12.9M square meters)
- Indonesia (0.5M square meters)
- India (0.5M square meters)
- Vietnam (0.3M square meters)
- Turkey (0.2M square meters)
- Thailand (0.2M square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia
In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Malaysia dropped remarkably to 1.7M square meters, reducing by -48.9% against 2021 figures. Over the period under review, exports, however, recorded a pronounced increase. The pace of growth appeared the most rapid in 2021 when exports increased by 133%. As a result, the exports attained the peak of 3.4M square meters, and then fell remarkably in the following year.
In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups declined dramatically to $11M in 2022. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, the exports attained the peak of $20M, and then shrank significantly in the following year.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.3 | 2.9 | 3.4 | 3.2 | -1.0% |
| Singapore | 0.5 | 0.6 | 1.1 | 2.0 | 58.7% |
| Vietnam | 2.2 | 1.0 | 1.3 | 1.3 | -16.1% |
| Japan | 4.1 | 1.1 | 1.2 | 0.9 | -39.7% |
| Indonesia | 0.7 | 0.8 | 1.2 | 0.8 | 4.6% |
| Thailand | 0.8 | 0.7 | 0.7 | 0.7 | -4.4% |
| Philippines | 0.3 | 0.1 | 0.1 | 0.5 | 18.6% |
| India | 1.1 | 0.8 | 9.0 | 0.4 | -28.6% |
| China | 0.3 | N/A | 1.5 | 0.1 | -30.7% |
| Others | 0.7 | 0.9 | 0.8 | 0.8 | 4.6% |
| Total | 14.0 | 9.0 | 20.3 | 10.8 | -8.3% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Malaysia in 2022:
- Singapore (420.6K square meters)
- Australia (343.7K square meters)
- Indonesia (323.1K square meters)
- Thailand (220.9K square meters)
- Vietnam (111.9K square meters)
- India (63.9K square meters)
- Philippines (57.9K square meters)
- Japan (51.7K square meters)
- China (35.5K square meters)
461
This report provides an in-depth analysis of the tufted carpet market in Malaysia.
1016
This report provides an in-depth analysis of the global tufted carpet market.
461
This report provides an in-depth analysis of the tufted carpet market in Malaysia.
1016
This report provides an in-depth analysis of the global tufted carpet market.
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