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

Contents:

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

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

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 December 2023, dropping by -22.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 91% month-to-month. As a result, import price reached the peak level of $12.6 per square meter. From May 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Kazakhstan ($9.2 per square meter), while the price for Uzbekistan ($3.1 per square meter) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Iran (+17.8%), 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 Azerbaijan (FOB) - 2022

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $80 per square meter in 2022, rising by 93% against the previous year. Overall, the export price, however, continues to indicate a slight slump. Over the period under review, the average export prices attained the maximum at $91 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($151 per square meter), while the average price for exports to Georgia ($35 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 Russia (+17.1%), 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 Azerbaijan

Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Azerbaijan contracted to 520K square meters in 2022, shrinking by -9.4% compared with the previous year's figure. Overall, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 62%. Imports peaked at 577K 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 dropped to $3.6M in 2022. In general, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Over the period under review, imports of attained the maximum at $4.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Turkey (222.8K square meters)
2. Uzbekistan (121.0K square meters)
3. Iran (53.4K square meters)
4. China (51.2K square meters)
5. Belgium (21.3K square meters)
6. Netherlands (20.3K square meters)
7. United Arab Emirates (10.0K square meters)

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

In 2022, shipments abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -76.8% to 695 square meters, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 13K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups reduced dramatically to $56K in 2022. Over the period under review, exports recorded a precipitous descent. The smallest decline of -22.5% was in 2020. The exports peaked at $388K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Germany (357.0 square meters)
2. Malaysia (133.0 square meters)
3. Singapore (68.0 square meters)
4. Russia (54.0 square meters)
5. Canada (39.0 square meters)
6. United Arab Emirates (13.0 square meters)
7. Georgia (10.0 square meters)

Source: IndexBox Market Intelligence Platform