Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand - 2024
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand (FOB) - 2022
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand (CIF) - 2024
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand (FOB) - 2022
In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $9.7 per square meter, falling by -6.1% against the previous year. In general, the export price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 9.4%. Over the period under review, the average export prices hit record highs at $12 per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($17 per square meter), while the average price for exports to Malaysia ($3.8 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 Singapore (+2.3%), 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 Thailand (CIF) - 2024
In January 2024, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $1.3 per square meter, with a decrease of -24.5% against the previous month. Overall, the import price, however, saw temperate growth. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 92% month-to-month. The import price peaked at $2.4 per square meter in October 2023; however, from November 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Vietnam ($3.7 per square meter), while the price for China totaled $1.0 per square meter.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+4.0%).
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand
In 2022, approx. 9.4M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were exported from Thailand; increasing by 4.9% on 2021 figures. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7% against the previous year. The exports peaked at 12M 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 declined to $92M in 2022. In general, exports, however, saw a abrupt setback. Over the period under review, the exports of reached the peak figure at $123M 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 36.1 | 34.9 | 37.1 | 35.2 | -0.8% |
| Australia | 11.5 | 9.8 | 13.2 | 13.6 | 5.7% |
| India | 24.7 | 15.2 | 10.2 | 8.5 | -29.9% |
| Saudi Arabia | 4.8 | 3.1 | 4.5 | 6.0 | 7.7% |
| Vietnam | 4.4 | 2.3 | 2.3 | 1.9 | -24.4% |
| Singapore | 5.2 | 3.3 | 4.1 | 1.5 | -33.9% |
| Malaysia | 3.4 | 2.8 | 2.2 | 1.2 | -29.3% |
| Philippines | 2.7 | 2.1 | 1.3 | 1.1 | -25.9% |
| Cambodia | 0.5 | 0.6 | 0.4 | 0.9 | 21.6% |
| Others | 30.0 | 22.1 | 18.0 | 21.7 | -10.2% |
| Total | 123 | 96.3 | 93.3 | 91.8 | -9.3% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Thailand in 2022:
- Japan (5412.3K square meters)
- India (1269.4K square meters)
- Australia (912.8K square meters)
- Saudi Arabia (357.6K square meters)
- Malaysia (326.4K square meters)
- Vietnam (218.4K square meters)
- Cambodia (195.9K square meters)
- Philippines (114.7K square meters)
- Singapore (89.1K square meters)
Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Thailand
In 2022, approx. 5.9M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were imported into Thailand; with an increase of 34% on the previous year. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.8 | 15.8 | 17.3 | 21.5 | 8.6% |
| Vietnam | 2.4 | 2.4 | 2.3 | 3.7 | 15.5% |
| Indonesia | 0.5 | 0.5 | 0.5 | 1.1 | 30.1% |
| India | 0.6 | 0.5 | 0.4 | 0.8 | 10.1% |
| Malaysia | 1.2 | 0.9 | 0.7 | 0.6 | -20.6% |
| Japan | 1.4 | 1.5 | 0.6 | 0.1 | -58.5% |
| Others | 0.9 | 1.2 | 2.8 | 2.9 | 47.7% |
| Total | 23.8 | 22.9 | 24.6 | 30.8 | 9.0% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Thailand in 2022:
- China (3917.7K square meters)
- Vietnam (1379.2K square meters)
- Malaysia (209.2K square meters)
- Indonesia (133.5K square meters)
- India (126.8K square meters)
- Japan (16.8K square meters)
356
This report provides an in-depth analysis of the tufted carpet market in Thailand.
1030
This report provides an in-depth analysis of the global tufted carpet market.
356
This report provides an in-depth analysis of the tufted carpet market in Thailand.
1030
This report provides an in-depth analysis of the global tufted carpet market.
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