Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy - 2023
Contents:
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy (CIF) - 2023
- Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy (FOB) - 2022
- Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy
- Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy (CIF) - 2023
The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $11.1 per square meter in December 2023, with an increase of 46% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was India ($10.0 per square meter), while the price for Vietnam ($1.9 per square meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy (FOB) - 2022
In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $11 per square meter, growing by 17% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $13 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($17 per square meter), while the average price for exports to Mexico ($4.5 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 Germany (+2.9%), 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 Italy
In 2022, approx. 17M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were imported into Italy; approximately mirroring the previous year. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 40%. Imports peaked 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 expanded significantly to $116M in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.8% 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 +66.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 15.9 | 23.9 | 19.7 | 1.6% |
| Netherlands | 15.0 | 8.5 | 13.8 | 15.5 | 1.1% |
| Belgium | 8.2 | 4.7 | 8.6 | 11.2 | 11.0% |
| India | 6.3 | 5.2 | 8.3 | 10.7 | 19.3% |
| Vietnam | 2.7 | 4.4 | 7.5 | 10.3 | 56.3% |
| Spain | 6.3 | 4.3 | 7.0 | 9.3 | 13.9% |
| Egypt | 5.7 | 5.1 | 6.7 | 7.3 | 8.6% |
| Turkey | 4.4 | 4.3 | 6.2 | 4.9 | 3.7% |
| Others | 33.3 | 17.3 | 23.3 | 27.2 | -6.5% |
| Total | 101 | 69.7 | 105 | 116 | 4.7% |
Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Italy in 2022:
- China (4.7M square meters)
- Egypt (2.3M square meters)
- India (1.7M square meters)
- Vietnam (1.6M square meters)
- Netherlands (1.4M square meters)
- Belgium (1.4M square meters)
- Turkey (1.3M square meters)
- Spain (1.0M square meters)
Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy
In 2022, approx. 8.6M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were exported from Italy; waning by -9.7% compared with the previous year. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 9.5M 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 expanded markedly to $98M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.4 | 8.0 | 10.6 | 11.8 | 4.3% |
| Germany | 5.8 | 5.8 | 8.2 | 7.7 | 9.9% |
| United Kingdom | 7.1 | 5.1 | 6.7 | 6.0 | -5.5% |
| Spain | 6.1 | 3.5 | 4.6 | 5.2 | -5.2% |
| Slovakia | 5.0 | 3.8 | 4.1 | 4.2 | -5.6% |
| Belgium | 0.3 | 1.1 | 5.2 | 3.9 | 135.1% |
| Mexico | 6.2 | 7.1 | 6.0 | 3.7 | -15.8% |
| Czech Republic | 2.5 | 2.0 | 2.9 | 2.7 | 2.6% |
| Hungary | 1.8 | 1.4 | 1.1 | 2.5 | 11.6% |
| Sweden | 1.2 | 1.4 | 2.6 | 2.2 | 22.4% |
| Greece | 1.8 | 1.9 | 2.1 | 1.8 | 0.0% |
| Norway | 1.5 | 0.7 | 1.5 | 1.7 | 4.3% |
| Netherlands | 1.3 | 0.8 | 1.1 | 1.6 | 7.2% |
| Others | 37.8 | 29.9 | 36.7 | 43.5 | 4.8% |
| Total | 88.6 | 72.5 | 93.5 | 98.5 | 3.6% |
Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Italy in 2022:
- France (1167.4K square meters)
- Mexico (805.2K square meters)
- Belgium (800.7K square meters)
- Germany (770.5K square meters)
- Spain (653.4K square meters)
- Slovakia (591.3K square meters)
- United Kingdom (453.0K square meters)
- Czech Republic (308.2K square meters)
- Sweden (235.2K square meters)
- Greece (204.9K square meters)
- Netherlands (204.1K square meters)
- Norway (182.2K square meters)
- Hungary (147.1K square meters)
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This report provides an in-depth analysis of the tufted carpet market in Italy.
977
This report provides an in-depth analysis of the global tufted carpet market.
313
This report provides an in-depth analysis of the tufted carpet market in Italy.
977
This report provides an in-depth analysis of the global tufted carpet market.
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