Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Myanmar - 2023

Contents:

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

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

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $1.2 per square meter, with a decrease of -2.7% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of 111% against the previous year. The import price peaked at $5.5 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($4.4 per square meter), while the price for China ($1.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.2%), 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 Myanmar (FOB) - 2022

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $9.8 per square meter in 2022, therefore, remained relatively stable against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $556 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($42 per square meter), while the average price for exports to the United Arab Emirates ($6.8 per square meter) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+106.2%).

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

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups imported into Myanmar surged to 3.1M square meters, growing by 354% against the previous year. Over the period under review, imports showed a significant expansion. As a result, imports attained 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 soared to $3.7M in 2022. In general, imports saw significant growth. 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 Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4914646972,67776.0%
United Arab EmiratesN/A36.674.0675329.4%
Thailand11981.019.020920.7%
Others24411049.5147-15.5%
Total8556918393,70863.1%

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

  1. China (2533.5K square meters)
  2. United Arab Emirates (424.1K square meters)
  3. Thailand (47.6K square meters)

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

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Myanmar stood at 1.6K square meters, remaining stable against 2021 figures. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups totaled $16K in 2022. In general, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/AN/A8.70%
SwitzerlandN/AN/A4.80%
JapanN/AN/A1.80%
United Arab Emirates0.1N/A0.10.0%
Kuwait0.4N/AN/A0%
Others0.1N/A0.373.2%
Total0.6N/A15.7411.5%

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

  1. United States (1202.0 square meters)
  2. Japan (249.0 square meters)
  3. Switzerland (115.0 square meters)
  4. United Arab Emirates (18.0 square meters)

Source: IndexBox Market Intelligence Platform

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