Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Paraguay - 2024

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Paraguay (FOB) - 2022
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Paraguay (CIF) - 2024
3. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Paraguay
4. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Paraguay

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

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $9.5 per square meter, rising by 25% against the previous year. Over the period from 2016 to 2022, it increased at an average annual rate of +4.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Peru ($9.5 per square meter) and Argentina ($9.5 per square meter), while the average price for exports to Uruguay ($9.5 per square meter) and Chile ($9.5 per square meter) were amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Paraguay (CIF) - 2024

In January 2024, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $10.7 per square meter, increasing by 38% against the previous month. Over the last ten months, it increased at an average monthly rate of +3.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was India ($32.6 per square meter), while the price for Belgium ($7.1 per square meter) was amongst the lowest.

From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups increased by 17% to 347K square meters in 2022. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports of hit record highs at 442K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups soared to $3.3M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $3.3M in 2019; afterwards, it flattened through to 2022.

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

1. Chile (138.9K square meters)
2. Uruguay (65.5K square meters)
3. Bolivia (60.4K square meters)
4. Argentina (51.9K square meters)
5. Brazil (29.5K square meters)
6. Peru (0.8K square meters)

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

Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Paraguay contracted remarkably to 305K square meters in 2022, waning by -42% compared with the year before. In general, imports faced a precipitous slump. The smallest decline of -3.7% was in 2021. Imports peaked at 904K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups contracted remarkably to $3.3M in 2022. Over the period under review, imports faced a sharp descent. The growth pace was the most rapid in 2021 with an increase of 7.4%. Imports peaked at $7.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. China (160.5K square meters)
2. Brazil (63.1K square meters)
3. Italy (25.7K square meters)
4. United States (24.1K square meters)
5. India (15.8K square meters)
6. Belgium (12.0K square meters)
7. Chile (0.2K square meters)

Source: IndexBox Market Intelligence Platform