Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia - 2022
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia (FOB) - 2022
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia (CIF) - 2022
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia (FOB) - 2022
The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $7.7 per square meter in 2021, with an increase of 44% against the previous year. Overall, export price indicated a prominent increase from 2015 to 2021: its price increased at an average annual rate of +11.9% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for carpets and other textile floor coverings; tufted, whether or not made ups increased by +67.8% against 2019 indices. 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 2021, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($8.3 per square meter) and Bahrain ($8.2 per square meter), while the average price for exports to New Zealand ($7.6 per square meter) and France ($7.6 per square meter) were amongst the lowest.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+32.8%), 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 Saudi Arabia (CIF) - 2022
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $4.8 per square meter in 2021, surging by 13% against the previous year. In general, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $7.3 per square meter. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($14 per square meter), while the price for Vietnam ($2.8 per square meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.6%), 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 Saudi Arabia
In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Saudi Arabia reduced dramatically to 305K square meters, waning by -92.9% on 2021. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 320%. As a result, the exports reached the peak of 4.3M square meters, and then dropped sharply in the following year.
In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups shrank significantly to $2.4M in 2022. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 504% against the previous year. As a result, the exports reached the peak of $33M, and then shrank rapidly in the following year.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 0.7 | 3.4 | 19.7 | 430.5% | |
| France | N/A | N/A | 2.5 | 0% | |
| Bahrain | 1.1 | 2.0 | 2.3 | 44.6% | |
| Netherlands | N/A | 1.0 | 1.8 | 80.0% | |
| Belgium | 0.1 | 4.7 | 1.0 | 216.2% | |
| Algeria | N/A | N/A | 0.9 | 0% | |
| Sudan | 0.1 | 0.2 | 0.8 | 182.8% | |
| United Arab Emirates | 0.4 | 0.8 | 0.6 | 22.5% | |
| New Zealand | N/A | 0.3 | 0.6 | 100.0% | |
| Australia | 0.2 | 2.8 | 0.3 | 22.5% | |
| United Kingdom | 1.2 | 2.5 | 0.3 | -50.0% | |
| Philippines | N/A | 0.1 | 0.1 | 0.0% | |
| Kuwait | 0.9 | N/A | N/A | 0% | |
| Others | 0.5 | -12.5 | 2.6 | 128.0% | |
| Total | 5.1 | 5.5 | 33.3 | 155.5% | |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Saudi Arabia in 2022:
- United States (2585.8K square meters)
- France (325.4K square meters)
- Bahrain (285.9K square meters)
- Netherlands (231.4K square meters)
- Belgium (129.9K square meters)
- Algeria (114.1K square meters)
- Sudan (98.8K square meters)
- New Zealand (74.9K square meters)
- United Arab Emirates (68.8K square meters)
- United Kingdom (43.0K square meters)
- Australia (35.7K square meters)
- Philippines (6.7K square meters)
- Kuwait (6.0K square meters)
Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia
In 2021, after two years of growth, there was significant decline in overseas purchases of carpets and other textile floor coverings; tufted, whether or not made ups, when their volume decreased by -12.6% to 31M square meters. Overall, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 36M square meters, and then reduced in the following year.
In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups reduced modestly to $152M in 2021. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4.3%. As a result, imports reached the peak of $154M, and then contracted slightly in the following year.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 34.0 | 47.3 | 50.3 | 21.6% | |
| United Arab Emirates | 36.9 | 40.5 | 46.5 | 12.3% | |
| Jordan | 3.3 | 15.7 | 16.6 | 124.3% | |
| India | 5.2 | 2.6 | 5.3 | 1.0% | |
| Egypt | 1.1 | 1.1 | 4.7 | 106.7% | |
| Vietnam | 1.3 | 7.7 | 4.5 | 86.1% | |
| Turkey | 43.1 | 18.9 | N/A | -56.1% | |
| Others | 22.8 | 20.2 | 24.5 | 3.7% | |
| Total | 148 | 154 | 152 | 1.3% | |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Saudi Arabia in 2022:
- China (13.5M square meters)
- United Arab Emirates (9.1M square meters)
- Jordan (3.2M square meters)
- Vietnam (1.6M square meters)
- Egypt (1.1M square meters)
- India (0.5M square meters)
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This report provides an in-depth analysis of the tufted carpet market in Saudi Arabia.
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This report provides an in-depth analysis of the global tufted carpet market.
336
This report provides an in-depth analysis of the tufted carpet market in Saudi Arabia.
995
This report provides an in-depth analysis of the global tufted carpet market.
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