Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in the United Arab Emirates - 2022

Contents:

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

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

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $14 per square meter in 2022, surging by 121% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $15 per square meter in 2014; however, from 2015 to 2022, import prices remained at a 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 ($24 per square meter), while the price for Turkey ($8.1 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 (+7.1%), 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 the United Arab Emirates (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 47% against the previous year. Overall, the export price showed measured growth. The pace of growth appeared the most rapid in 2021 an increase of 98%. The export price peaked at $17 per square meter in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($17 per square meter), while the average price for exports to Pakistan ($2.2 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 Qatar (+9.8%), 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 the United Arab Emirates

Imports of carpets and other textile floor coverings; tufted, whether or not made ups into the United Arab Emirates contracted to 7.3M square meters in 2022, waning by -12.1% on 2021 figures. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 6.3% against the previous year. Imports peaked at 8.5M 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 rose rapidly to $99M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.437.342.039.85.0%
India9.610.114.215.016.0%
United States4.52.52.710.130.9%
Turkey9.43.56.95.5-16.4%
Belgium3.63.65.55.515.2%
Netherlands2.83.62.74.113.6%
United Kingdom3.23.22.23.20.0%
Egypt1.61.31.32.921.9%
Vietnam3.53.00.81.0-34.1%
Others14.39.111.311.9-5.9%
Total86.977.389.699.14.5%

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

  1. China (3670.9K square meters)
  2. India (964.4K square meters)
  3. Turkey (675.8K square meters)
  4. United States (424.3K square meters)
  5. Belgium (350.2K square meters)
  6. Netherlands (240.8K square meters)
  7. Egypt (185.3K square meters)
  8. United Kingdom (152.8K square meters)
  9. Vietnam (128.0K square meters)

Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in the United Arab Emirates

In 2022, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -55.3% to 7.4M square meters, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of 20M square meters. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups dropped significantly to $78M in 2022. Overall, exports saw a pronounced decline. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of $120M, and then dropped markedly in the following year.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand9.111.919.021.332.8%
Australia16.715.416.417.92.3%
United States5.04.712.212.134.3%
Oman5.24.56.35.51.9%
India2.72.11.75.325.2%
Kuwait2.52.45.54.622.5%
Canada3.41.92.23.3-1.0%
MyanmarN/AN/A0.10.7600.0%
Tanzania0.30.30.40.626.0%
Pakistan1.60.80.50.5-32.1%
Saudi Arabia36.940.446.7N/A12.5%
Others6.54.68.86.2-1.6%
Total89.989.012078.0-4.6%

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

  1. Australia (1365.8K square meters)
  2. New Zealand (1271.1K square meters)
  3. United States (947.8K square meters)
  4. India (922.9K square meters)
  5. Oman (477.5K square meters)
  6. Kuwait (457.9K square meters)
  7. Canada (281.2K square meters)
  8. Myanmar (280.8K square meters)
  9. Tanzania (280.3K square meters)
  10. Pakistan (236.5K square meters)

Source: IndexBox Market Intelligence Platform

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