Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland - 2023

Contents:

  1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland (CIF) - 2022
  2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland (FOB) - 2023
  3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland
  4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland

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

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $8.6 per square meter, picking up by 6.2% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 8.3%. Over the period under review, average import prices reached the maximum at $12 per square meter in 2012; however, from 2013 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 the UK ($11 per square meter), while the price for India ($6.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.0%), while the prices for the other major suppliers experienced a decline.

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland (FOB) - 2023

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $7.5 per square meter in December 2023, shrinking by -1.6% against the previous month. In general, the export price recorded a slight contraction. The pace of growth was the most pronounced in July 2023 when the average export price increased by 32% month-to-month. As a result, the export price attained the peak level of $9.2 per square meter. From August 2023 to December 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($40.9 per square meter), while the average price for exports to the UK amounted to $7.8 per square meter.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.1%), 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 Ireland

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups imported into Ireland stood at 6.4M square meters, approximately equating the previous year. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups expanded sharply to $56M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15.513.515.316.11.3%
United Kingdom11.510.212.615.09.3%
Belgium9.012.110.29.31.1%
China2.21.84.32.54.4%
India2.01.53.52.46.3%
Vietnam0.10.31.51.9166.8%
Turkey0.80.91.21.728.6%
Germany1.21.00.21.712.3%
Others2.01.32.85.237.5%
Total44.442.651.855.87.9%

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

  1. Netherlands (2151.6K square meters)
  2. United Kingdom (1347.2K square meters)
  3. Belgium (1131.5K square meters)
  4. India (394.4K square meters)
  5. China (288.0K square meters)
  6. Germany (209.2K square meters)
  7. Vietnam (208.3K square meters)
  8. Turkey (180.7K square meters)

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

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Ireland reduced to 429K square meters, dropping by -6.4% against 2021 figures. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 458K square meters, and then fell in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups rose remarkably to $3.2M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,4002,4912,7242,299-1.4%
United States28045.61573699.6%
South KoreaN/AN/A70.2228224.8%
Spain15.4N/A8.1130103.6%
Netherlands2.3N/A17.036.8152.0%
Others48616.350.8165-30.2%
Total3,1842,5533,0273,2280.5%

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

  1. United Kingdom (345.8K square meters)
  2. Spain (40.4K square meters)
  3. South Korea (7.6K square meters)
  4. United States (7.1K square meters)
  5. Netherlands (6.3K square meters)

Source: IndexBox Market Intelligence Platform

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