Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco - 2023
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco (CIF) - 2023
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco (FOB) - 2022
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco (CIF) - 2023
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $11.0 per square meter in June 2023, increasing by 27% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $11.5 per square meter in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($19.1 per square meter), while the price for Jordan ($6.8 per square meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), 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 Morocco (FOB) - 2022
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $11 per square meter in 2022, rising by 6.9% against the previous year. Overall, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 45% against the previous year. The export price peaked at $19 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 UK ($32 per square meter), while the average price for exports to Gabon ($8.1 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 Senegal (+16.0%), 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 Morocco
In 2022, imports of carpets and other textile floor coverings; tufted, whether or not made ups into Morocco fell remarkably to 2.5M square meters, with a decrease of -23.7% against 2021. Over the period under review, imports saw a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 3.2M square meters, and then contracted dramatically in the following year.
In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups shrank to $30M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +46.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, imports reached the peak of $31M, and then dropped in the following year.
Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 6.8 | 6.7 | 11.3 | 11.7 | 19.8% |
Turkey | 3.2 | 2.8 | 4.3 | 4.1 | 8.6% |
Netherlands | 3.2 | 3.1 | 3.4 | 4.1 | 8.6% |
France | 3.0 | 1.9 | 2.7 | 1.9 | -14.1% |
Egypt | 1.3 | 1.0 | 2.2 | 1.3 | 0.0% |
Spain | 1.1 | 0.5 | 1.3 | 0.9 | -6.5% |
Italy | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
India | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
Portugal | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
United States | 0.2 | N/A | 0.4 | 0.6 | 44.2% |
Germany | 0.3 | 0.2 | 0.2 | 0.6 | 26.0% |
Romania | N/A | N/A | N/A | 0.4 | 0% |
China | 1.3 | 0.9 | 1.3 | 0.4 | -32.5% |
Others | 1.4 | 1.6 | 1.7 | 1.3 | -2.4% |
Total | 23.5 | 20.3 | 30.7 | 29.6 | 8.0% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Morocco in 2022:
- Belgium (836.4K square meters)
- Turkey (415.0K square meters)
- Netherlands (323.0K square meters)
- France (168.8K square meters)
- Spain (89.2K square meters)
- Egypt (87.2K square meters)
- Portugal (74.5K square meters)
- China (68.1K square meters)
- India (66.8K square meters)
- United States (63.5K square meters)
- Italy (62.7K square meters)
- Germany (59.6K square meters)
- Romania (44.1K square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco
After three years of growth, shipments abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -77.6% to 20K square meters in 2022. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 156% against the previous year. As a result, the exports attained the peak of 89K square meters, and then fell dramatically in the following year.
In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups shrank sharply to $227K in 2022. Overall, exports saw a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 105%. As a result, the exports reached the peak of $946K, and then contracted significantly in the following year.
Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 2.4 | 1.1 | 18.1 | 123 | 271.4% |
Mali | N/A | N/A | N/A | 36.0 | 0% |
Senegal | 1.3 | 123 | N/A | 34.0 | 196.8% |
Sweden | N/A | N/A | 0.3 | 6.4 | 2033.3% |
France | 44.0 | 38.7 | 18.5 | 2.3 | -62.6% |
Cote d'Ivoire | 12.5 | 133 | 318 | 2.1 | -44.8% |
Qatar | 98.0 | 17.9 | 20.0 | 1.7 | -74.1% |
Belgium | 2.8 | 44.7 | 5.5 | 1.0 | -29.1% |
Netherlands | 7.9 | 1.4 | 90.5 | 0.4 | -63.0% |
Niger | N/A | N/A | 328 | N/A | 0% |
Central African Republic | 40.4 | N/A | N/A | N/A | 0% |
Tanzania | 105 | N/A | N/A | N/A | 0% |
Saudi Arabia | 4.2 | N/A | 78.2 | N/A | 331.5% |
Others | 136 | 101 | 69.5 | 20.3 | -47.0% |
Total | 455 | 461 | 946 | 227 | -20.7% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Morocco in 2022:
- Mauritania (13.6K square meters)
- Mali (2.2K square meters)
- Senegal (2.1K square meters)
- Sweden (0.4K square meters)
- Qatar (0.1K square meters)
- Netherlands (0.1K square meters)
- France (0.1K square meters)
- Belgium (0.1K square meters)
- Cote d'Ivoire (0.1K square meters)
This report provides an in-depth analysis of the tufted carpet market in Morocco.
This report provides an in-depth analysis of the global tufted carpet market.
This report provides an in-depth analysis of the tufted carpet market in Morocco.
This report provides an in-depth analysis of the global tufted carpet market.
Nothing found. Please try again.