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

Contents:

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

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

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $6.2 per square meter in December 2023, falling by -16.2% against the previous month. Overall, the import price saw a slight slump. The pace of growth was the most pronounced in August 2023 an increase of 20% month-to-month. As a result, import price reached the peak level of $7.7 per square meter. From September 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($7.3 per square meter), while the price for Russia ($3.5 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 Hungary (+4.6%), 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 Romania (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, which is down by -4.3% against the previous month. Overall, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 36% against the previous month. Over the period under review, the average export prices hit record highs at $17.8 per square meter in May 2023; however, from June 2023 to December 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the country with the highest price was Turkey ($12.5 per square meter), while the average price for exports to Serbia ($8.4 per square meter) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.7%), 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 Romania

For the fourth consecutive year, Romania recorded growth in supplies from abroad of carpets and other textile floor coverings; tufted, whether or not made ups, which increased by 2.9% to 8.3M square meters in 2022. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups declined slightly to $52M in 2022. The total import value increased at an average annual rate of +9.1% over the period 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 19% against the previous year. As a result, imports reached the peak of $53M, and then reduced slightly in the following year.

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

1. Netherlands (1408.7K square meters)
2. Belgium (1302.3K square meters)
3. Turkey (1191.6K square meters)
4. China (780.2K square meters)
5. Egypt (687.1K square meters)
6. Serbia (655.6K square meters)
7. Hungary (550.3K square meters)
8. France (496.8K square meters)
9. Germany (361.5K square meters)
10. Bulgaria (173.2K square meters)
11. Italy (136.0K square meters)
12. Poland (97.1K square meters)
13. United Kingdom (1.7K square meters)

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

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups exported from Romania soared to 224K square meters, picking up by 19% on the previous year's figure. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 44%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups shrank to $2.3M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. The exports peaked at $2.7M in 2021, and then fell in the following year.

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

1. Turkey (48.7K square meters)
2. Croatia (33.9K square meters)
3. Greece (33.2K square meters)
4. Moldova (31.9K square meters)
5. Bulgaria (28.9K square meters)
6. Slovenia (12.9K square meters)
7. Hungary (11.1K square meters)

Source: IndexBox Market Intelligence Platform