Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand - 2024
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand (CIF) - 2022
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand (FOB) - 2024
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand (CIF) - 2022
In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $12 per square meter, surging by 14% against the previous year. Overall, the import price, however, recorded a noticeable reduction. The import price peaked at $18 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($19 per square meter), while the price for China ($9.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.2%), 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 New Zealand (FOB) - 2024
In January 2024, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $12.4 per square meter, declining by -10.9% against the previous month. Over the period under review, the export price recorded a noticeable curtailment. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 23% m-o-m. As a result, the export price attained the peak level of $17.5 per square meter. From August 2023 to January 2024, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Australia.
From February 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to -1.7% per month.
Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand
After three years of growth, overseas purchases of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -20.4% to 7.9M square meters in 2022. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 9.9M square meters, and then dropped significantly in the following year.
In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups reduced to $95M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +41.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55%. As a result, imports reached the peak of $104M, and then reduced in the following year.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.9 | 14.8 | 26.4 | 23.7 | 7.8% |
| United Arab Emirates | 9.1 | 11.9 | 19.0 | 21.3 | 32.8% |
| Australia | 21.3 | 15.6 | 23.0 | 20.5 | -1.3% |
| United States | 13.8 | 12.4 | 12.6 | 9.9 | -10.5% |
| South Africa | 4.8 | 3.6 | 5.8 | 3.9 | -6.7% |
| Belgium | 3.6 | 2.5 | 5.3 | 3.4 | -1.9% |
| India | 1.9 | 2.0 | 3.1 | 2.8 | 13.8% |
| Others | 6.0 | 4.7 | 9.0 | 10.0 | 18.6% |
| Total | 79.4 | 67.4 | 104 | 95.4 | 6.3% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to New Zealand in 2022:
- China (2508.7K square meters)
- United Arab Emirates (1763.4K square meters)
- Australia (1704.7K square meters)
- United States (527.9K square meters)
- India (271.3K square meters)
- South Africa (269.2K square meters)
- Belgium (231.0K square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand
In 2022, approx. 3.2M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were exported from New Zealand; shrinking by -14.9% against the year before. Over the period under review, exports recorded a deep contraction. The smallest decline of -4.3% was in 2021. Over the period under review, the exports of attained the maximum at 4.8M 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 dropped modestly to $51M in 2022. Overall, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 2.3% against the previous year. The exports peaked at $63M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 54.1 | 46.3 | 41.1 | 42.3 | -7.9% |
| United States | 6.5 | 3.6 | 9.3 | 6.1 | -2.1% |
| Canada | 0.5 | 0.7 | 0.7 | 1.5 | 44.2% |
| Others | 1.7 | 0.9 | 1.5 | 0.7 | -25.6% |
| Total | 62.9 | 51.4 | 52.6 | 50.5 | -7.1% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from New Zealand in 2022:
- Australia (2730.1K square meters)
- United States (382.5K square meters)
- Canada (48.2K square meters)
214
This report provides an in-depth analysis of the tufted carpet market in New Zealand.
1016
This report provides an in-depth analysis of the global tufted carpet market.
214
This report provides an in-depth analysis of the tufted carpet market in New Zealand.
1016
This report provides an in-depth analysis of the global tufted carpet market.
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