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

Contents:

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

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

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $29 per square meter in 2022, picking up by 18% against the previous year. Over the period under review, the export price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2019 an increase of 89% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($121 per square meter), while the average price for exports to Angola ($14 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 Sweden (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $8.1 per square meter in December 2023, which is down by -24.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 37% month-to-month. The import price peaked at $13.4 per square meter in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($20.2 per square meter), while the price for Vietnam ($2.9 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 France (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 1.6M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were exported from Portugal; with a decrease of -15.1% compared with the year before. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 1.9M square meters, and then declined dramatically in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups fell modestly to $46M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. As a result, the exports attained the peak of $46M, leveling off in the following year.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom10.910.310.59.4-4.8%
Spain6.65.45.95.9-3.7%
Italy4.74.45.85.76.6%
United States3.43.34.75.013.7%
France1.91.92.93.421.4%
Belgium2.42.32.92.85.3%
Germany1.91.72.32.48.1%
Switzerland0.91.12.12.132.6%
Netherlands1.01.42.11.411.9%
MoroccoN/A0.10.11.0216.2%
Angola0.60.50.70.60.0%
TurkeyN/A0.30.50.1-42.3%
Others4.43.75.56.010.9%
Total38.636.346.045.75.8%

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

  1. United Kingdom (578.5K square meters)
  2. Spain (265.3K square meters)
  3. United States (149.1K square meters)
  4. France (104.2K square meters)
  5. Netherlands (52.5K square meters)
  6. Morocco (51.4K square meters)
  7. Italy (47.4K square meters)
  8. Angola (43.9K square meters)
  9. Switzerland (37.6K square meters)
  10. Germany (37.3K square meters)
  11. Belgium (28.6K square meters)
  12. Turkey (18.5K square meters)

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

In 2022, approx. 4M square meters of carpets and other textile floor coverings; tufted, whether or not made ups were imported into Portugal; picking up by 4% compared with 2021. The total import volume increased at an average annual rate of +1.9% 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 when imports increased by 5.6%. Over the period under review, imports of attained 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 reduced to $39M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports attained the peak of $43M, and then shrank in the following year.

Import of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.011.215.613.123.2%
Belgium7.15.76.54.9-11.6%
Netherlands3.34.14.43.84.8%
China3.03.54.83.66.3%
Germany3.52.52.93.1-4.0%
Vietnam0.20.41.72.5132.1%
Egypt1.21.22.01.814.5%
Others6.77.85.16.0-3.6%
Total32.036.342.938.86.6%

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

  1. Spain (963.4K square meters)
  2. Vietnam (541.4K square meters)
  3. China (524.5K square meters)
  4. Belgium (417.8K square meters)
  5. Netherlands (400.0K square meters)
  6. Egypt (367.5K square meters)
  7. Germany (240.5K square meters)

Source: IndexBox Market Intelligence Platform

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