Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Australia - 2024

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Australia (CIF) - 2024
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Australia (FOB) - 2022
3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Australia
4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Australia

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Australia (CIF) - 2024

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $9.0 per square meter in January 2024, falling by -12.2% against the previous month. Overall, the import price saw a mild reduction. The growth pace was the most rapid in November 2023 an increase of 12% month-to-month. Over the period under review, average import prices attained the peak figure at $11.3 per square meter in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($19.0 per square meter), while the price for Belgium ($4.6 per square meter) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Thailand (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $13 per square meter in 2022, declining by -6.4% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 11%. The export price peaked at $18 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13 per square meter), while the average price for exports to New Zealand stood at $13 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-3.0%).

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

After two years of decline, supplies from abroad of carpets and other textile floor coverings; tufted, whether or not made ups increased by 4.4% to 26M square meters in 2022. Overall, imports, however, showed a slight setback. Imports peaked at 27M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups rose rapidly to $279M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (12.0M square meters)
2. India (2.9M square meters)
3. New Zealand (2.8M square meters)
4. United Arab Emirates (1.9M square meters)
5. Vietnam (1.7M square meters)
6. Thailand (0.9M square meters)
7. United States (0.8M square meters)
8. Belgium (0.8M square meters)
9. Netherlands (0.5M square meters)
10. Indonesia (0.3M square meters)

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

Exports of carpets and other textile floor coverings; tufted, whether or not made ups from Australia declined dramatically to 1.4M square meters in 2022, which is down by -25.9% against the previous year's figure. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 31%. The exports peaked at 2.2M 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 reduced rapidly to $18M in 2022. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $26M, and then dropped rapidly in the following year.

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

1. New Zealand (1309.4K square meters)
2. United States (60.7K square meters)

Source: IndexBox Market Intelligence Platform