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

Contents:

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

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

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $8.5 per square meter, stabilizing at the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 6.3% against the previous year. The import price peaked at $9.1 per square meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($12 per square meter), while the price for China ($7.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.9%), 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 Guatemala (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $28 per square meter, surging by 172% against the previous year. In general, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Honduras ($16 per square meter), while the average price for exports to Austria ($9.6 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 Honduras (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Guatemala soared to 765K square meters in 2022, increasing by 19% compared with the previous year's figure. In general, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups soared to $6.5M in 2022. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,3311,6072,4623,13210.3%
United States2,4281,4311,7211,845-8.7%
Egypt24021842444122.5%
India10115511338956.8%
Vietnam311270126189-15.3%
Belgium12818212218713.5%
Others2803295393437.0%
Total5,8194,1915,5096,5253.9%

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

  1. China (413.5K square meters)
  2. United States (203.9K square meters)
  3. India (35.8K square meters)
  4. Egypt (35.7K square meters)
  5. Belgium (21.1K square meters)
  6. Vietnam (19.8K square meters)

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

After three years of growth, shipments abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -36.9% to 3.3K square meters in 2022. In general, exports, however, enjoyed a tangible increase. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports attained the peak of 5.2K square meters, and then shrank notably in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups dropped sharply to $35K in 2022. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of $53K, and then contracted sharply in the following year.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador3.421.137.721.584.9%
United States2.72.73.34.720.3%
Honduras12.91.77.32.8-39.9%
Mexico2.21.51.30.7-31.7%
Sweden0.2N/A0.20.751.8%
AustriaN/A0.10.40.5123.6%
Panama0.90.30.40.4-23.7%
Belize2.9N/AN/AN/A0%
Others3.63.52.83.2-3.9%
Total28.730.953.434.66.4%

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

  1. El Salvador (2116.0 square meters)
  2. United States (471.0 square meters)
  3. Honduras (182.0 square meters)
  4. Mexico (69.0 square meters)
  5. Sweden (67.0 square meters)
  6. Austria (54.0 square meters)
  7. Panama (44.0 square meters)

Source: IndexBox Market Intelligence Platform

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