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

Contents:

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

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

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $7.1 per square meter, picking up by 17% against the previous year. Overall, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 121%. As a result, import price reached the peak level of $14 per square meter. From 2020 to 2022, the average import prices failed to regain momentum.

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 Netherlands ($13 per square meter), while the price for Egypt ($3.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%), 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 Spain (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, with an increase of 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. Over the period under review, the average export prices hit record highs at $11 per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($21 per square meter), while the average price for exports to Morocco ($3.3 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 Algeria (+4.6%), 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 Spain

In 2022, supplies from abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -19.7% to 21M square meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 27M square meters, and then contracted markedly in the following year.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups fell to $151M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +31.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of $166M, and then dropped in the following year.

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

1. China (7.3M square meters)
2. Vietnam (5.5M square meters)
3. Netherlands (1.7M square meters)
4. Belgium (1.1M square meters)
5. Portugal (1.0M square meters)
6. France (1.0M square meters)
7. Egypt (0.8M square meters)
8. India (0.8M square meters)
9. Germany (0.6M square meters)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups, when their volume decreased by -25% to 5.7M square meters. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, the exports reached the peak of 7.6M square meters, and then shrank remarkably in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups dropped modestly to $63M in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $65M, and then declined slightly in the following year.

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

1. Portugal (1371.4K square meters)
2. Italy (1243.4K square meters)
3. France (956.0K square meters)
4. Morocco (770.0K square meters)
5. Belgium (174.4K square meters)
6. Sweden (128.8K square meters)
7. United Kingdom (120.6K square meters)

Source: IndexBox Market Intelligence Platform