Ecuador - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Ecuador - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Carpet Price in Ecuador - 2022

Contents:

  1. Carpet Price in Ecuador (CIF) - 2022
  2. Carpet Price in Ecuador (FOB) - 2022
  3. Carpet Imports in Ecuador
  4. Carpet Exports in Ecuador

Carpet Price in Ecuador (CIF) - 2022

The average carpet import price stood at $9 per square meter in 2022, growing by 7.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 53%. The import price peaked at $10 per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($14 per square meter), while the price for Colombia ($5.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Carpet Price in Ecuador (FOB) - 2022

The average carpet export price stood at $11 per square meter in 2022, growing by 10% against the previous year. In general, the export price, however, faced a abrupt decrease. The growth pace was the most rapid in 2014 when the average export price increased by 130% against the previous year. As a result, the export price reached the peak level of $49 per square meter. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($11 per square meter), while the average price for exports to Mexico ($11 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 Mexico (-3.9%).

Carpet Imports in Ecuador

In 2022, carpet imports into Ecuador declined dramatically to 500K square meters, which is down by -50.8% against 2021. Overall, imports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. Over the period under review, imports reached the peak figure at 1.1M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, carpet imports contracted markedly to $4.5M in 2022. Over the period under review, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 60%. Over the period under review, imports attained the peak figure at $8.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Carpet in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6346941,1161,36929.3%
Belgium958555945844-4.1%
United States1,148370554591-19.9%
India13561.925449253.9%
Netherlands2171713092413.6%
Turkey60.969.619024058.0%
Italy62.465.867.916638.6%
Greece31532933866.0-40.6%
Colombia28520013127.0-54.4%
Germany1,24232955711.9-78.8%
Chile10595.01022.5-71.2%
Argentina323294279N/A-7.1%
Others3,3312,0993,670443-49.0%
Total8,8185,3338,5124,494-20.1%

Top Suppliers of Carpet to Ecuador in 2022:

  1. China (176.5K square meters)
  2. Belgium (91.8K square meters)
  3. United States (70.3K square meters)
  4. India (35.0K square meters)
  5. Netherlands (34.1K square meters)
  6. Turkey (21.4K square meters)
  7. Italy (19.1K square meters)
  8. Greece (9.1K square meters)
  9. Colombia (4.6K square meters)
  10. Germany (1.3K square meters)
  11. Chile (0.1K square meters)

Carpet Exports in Ecuador

For the fourth year in a row, Ecuador recorded growth in shipments abroad of carpets and other textile floor coverings, which increased by 16% to 123K square meters in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 450%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, carpet exports soared to $1.3M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 492% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Carpet in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.31256256631202.6%
United Arab EmiratesN/AN/AN/A3470%
Colombia29.178.7391311120.3%
Others9.124.121.24.7-19.8%
Total38.52281,0371,326225.4%

Top Export Markets for Carpet from Ecuador in 2022:

  1. Mexico (61.4K square meters)
  2. United Arab Emirates (32.2K square meters)
  3. Colombia (28.8K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carpet market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings
  • Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
  • Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings

Country coverage:

  • Ecuador

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ecuador
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Top Import Markets for Carpet
Oct 24, 2023
Eye 247

This article explores the top import markets for carpets based on data from the IndexBox market intelligence platform. The United States, United Kingdom, Germany, Canada, Japan, Australia, France, Netherlands, Saudi Arabia, and Poland are identified as the top import markets. Each market has unique preferences and characteristics, presenting significant opportunities for exporters. IndexBox provides accurate and up-to-date data on global import and export markets, enabling businesses to make informed decisions and identify new market opportunities.

Which Country Imports the Most Carpets and Other Textile Floor Coverings of Felt in the World?
Jul 26, 2018
Eye 671

In value terms, carpets and other textile floor coverings of felt imports totaled $X in 2016. Overall, carpets and other textile floor coverings of felt imports continue to indicate a slight setbac...

Which Country Imports the Most Carpets and Other Textile Floor Coverings in the World?
Jul 26, 2018
Eye 986

In value terms, carpets and other textile floor coverings imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the ...

Which Country Exports the Most Carpets and Other Textile Floor Coverings of Felt in the World?
Jul 26, 2018
Eye 909

In value terms, carpets and other textile floor coverings of felt exports stood at $X in 2016. In general, carpets and other textile floor coverings of felt exports continue to indicate a temperate...

Which Country Exports the Most Carpets and Other Textile Floor Coverings in the World?
Jul 26, 2018
Eye 2817

In value terms, carpets and other textile floor coverings exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patte...

Which Country Imports the Most Tufted Carpets in the World?
May 28, 2018
Eye 788

In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...

Which Country Imports the Most Knotted Carpets in the World?
May 28, 2018
Eye 834

In 2016, approx. X tons of knotted carpet were imported worldwide- dropping by -X% against the previous year figure. Overall, knotted carpet imports continue to indicate a abrupt downturn. The m...

Which Country Imports the Most Woven Carpets in the World?
May 28, 2018
Eye 7337

In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>

Which Country Exports the Most Tufted Carpets in the World?
May 28, 2018
Eye 849

In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...

Which Country Exports the Most Woven Carpets in the World?
May 28, 2018
Eye 708

In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>

Free Data: Carpets And Other Textile Floor Coverings - Ecuador