Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore - 2023
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore (CIF) - 2022
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore (FOB) - 2022
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore (CIF) - 2022
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $2.5 per square meter in 2022, reducing by -60.9% against the previous year. In general, the import price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2013 an increase of 249% against the previous year. As a result, import price attained the peak level of $8 per square meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($11 per square meter), while the price for Malaysia ($1.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.9%), 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 Singapore (FOB) - 2022
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $7.1 per square meter in 2022, with an increase of 5.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 339%. The export price peaked at $9.7 per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($27 per square meter), while the average price for exports to Malaysia ($5 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 Thailand (+6.6%), 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 Singapore
Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Singapore surged to 7.5M square meters in 2022, jumping by 87% compared with the previous year. Overall, imports recorded buoyant growth. 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 surged to $31M in 2022. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.0% 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 +57.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.7 | 9.3 | 12.7 | 18.9 | 4.2% |
| Thailand | 2.6 | 3.8 | 5.1 | 3.2 | 7.2% |
| Malaysia | 0.4 | 0.6 | 0.9 | 1.3 | 48.1% |
| India | 1.4 | 0.7 | 1.1 | 1.0 | -10.6% |
| United States | 1.6 | 1.1 | 1.3 | 1.0 | -14.5% |
| Belgium | 0.6 | 0.6 | 0.5 | 0.9 | 14.5% |
| Italy | 0.9 | 0.3 | 0.3 | 0.7 | -8.0% |
| United Arab Emirates | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| Denmark | 1.1 | 0.3 | 0.1 | 0.2 | -43.3% |
| Others | 4.4 | 2.8 | 3.4 | 3.3 | -9.1% |
| Total | 29.8 | 19.6 | 25.9 | 30.8 | 1.1% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Singapore in 2022:
- China (4608.6K square meters)
- Malaysia (1131.6K square meters)
- Thailand (300.4K square meters)
- Italy (233.8K square meters)
- Belgium (203.7K square meters)
- Denmark (162.5K square meters)
- United Arab Emirates (158.7K square meters)
- India (133.8K square meters)
- United States (127.9K square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore
Exports of carpets and other textile floor coverings; tufted, whether or not made ups from Singapore declined to 450K square meters in 2022, falling by -12% compared with 2021 figures. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. The exports peaked at 667K 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 expanded notably to $3.7M in 2022. Over the period under review, exports continue to indicate a abrupt slump. Over the period under review, the exports of hit record highs at $5.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 759 | 1,400 | 672 | 991 | 9.3% |
| India | 1,779 | 428 | 794 | 864 | -21.4% |
| Malaysia | 489 | 1,074 | 714 | 283 | -16.7% |
| Vietnam | 190 | 135 | 76.2 | 221 | 5.2% |
| Japan | 25.7 | 28.2 | 37.4 | 219 | 104.3% |
| Philippines | 299 | 65.2 | 183 | 154 | -19.8% |
| Hong Kong SAR | 78.8 | 59.6 | 49.3 | 145 | 22.5% |
| Brunei Darussalam | 92.5 | 129 | 149 | 96.8 | 1.5% |
| Thailand | 57.5 | 28.3 | 32.2 | 92.5 | 17.2% |
| Australia | 431 | 34.7 | 91.9 | 86.4 | -41.5% |
| Saudi Arabia | 85.9 | 80.4 | 94.4 | 77.3 | -3.5% |
| Sri Lanka | 214 | 43.8 | 195 | 44.9 | -40.6% |
| New Zealand | 121 | 28.8 | 66.5 | 38.0 | -32.0% |
| Others | 687 | 394 | 373 | 394 | -16.9% |
| Total | 5,310 | 3,930 | 3,527 | 3,708 | -11.3% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Singapore in 2022:
- Indonesia (126.3K square meters)
- India (110.2K square meters)
- Malaysia (56.8K square meters)
- Vietnam (38.2K square meters)
- Brunei Darussalam (13.1K square meters)
- Philippines (11.7K square meters)
- Hong Kong SAR (11.1K square meters)
- Thailand (10.8K square meters)
- Australia (8.4K square meters)
- Japan (8.1K square meters)
- Sri Lanka (7.4K square meters)
- Saudi Arabia (6.9K square meters)
- New Zealand (6.7K square meters)
387
This report provides an in-depth analysis of the tufted carpet market in Singapore.
1030
This report provides an in-depth analysis of the global tufted carpet market.
387
This report provides an in-depth analysis of the tufted carpet market in Singapore.
1030
This report provides an in-depth analysis of the global tufted carpet market.
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