Estonia - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

Estonia: Carpet Market Overview 2019

Carpet Market Size in Estonia

The revenue of the carpet market in Estonia amounted to $X in 2018, flattening at the previous year. In general, carpet consumption, however, continues to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2012, when the market value increased by X% year-to-year. Estonia carpet consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Carpet Production in Estonia

In value terms, carpet production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the carpet production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018, with an increase of X% y-o-y. In that year, carpet production attained its peak level, and is likely to continue its growth in the immediate term.

Carpet Exports

Exports from Estonia

In 2018, carpet exports from Estonia totaled X tonnes, picking up by X% against the previous year. In general, carpet exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018, with an increase of X% year-to-year. In that year, carpet exports reached their peak , and are likely to continue its growth in the immediate term.

In value terms, carpet exports amounted to $X in 2018. Over the period under review, carpet exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2018, when exports increased by X% year-to-year. In that year, carpet exports reached their peak , and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, Turkey (X tonnes), distantly followed by China (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), the U.S. (X tonnes) and India (X tonnes) were the major exporters of carpets and other textile floor coverings, together achieving X% of total exports. The following exporters - Germany (X tonnes), the United Arab Emirates (X tonnes) and the UK (X tonnes) - each reached a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2018, together comprising X% of total exports. India, the Netherlands, the U.S., Germany, the UK, the United Arab Emirates and Estonia lagged somewhat behind, together accounting for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the carpet export price in Estonia amounted to $X per tonne, rising by X% against the previous year. Overall, the carpet export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the export price increased by X% against the previous year. Estonia export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was India ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by India, while the other leaders experienced more modest paces of growth.

Carpet Imports

Imports into Estonia

In 2018, the amount of carpets and other textile floor coverings imported into Estonia stood at X tonnes, declining by -X% against the previous year. Overall, carpet imports continue to indicate a temperate decline. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. Estonia imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, carpet imports amounted to $X in 2018. Overall, carpet imports continue to indicate a moderate contraction. The pace of growth was the most pronounced in 2016, with an increase of X% y-o-y. Over the period under review, carpet imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by the UK (X tonnes), Germany (X tonnes), Saudi Arabia (X tonnes) and Canada (X tonnes) were the key importers of carpets and other textile floor coverings, together creating X% of total imports. Japan (X tonnes), France (X tonnes), Australia (X tonnes), Iraq (X tonnes), the Netherlands (X tonnes), Poland (X tonnes) and Belgium (X tonnes) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported carpets and other textile floor coverings into Estonia, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: the UK (-X% per year) and Germany (-X% per year).

Import Prices by Country

The carpet import price in Estonia stood at $X per tonne in 2018, rising by X% against the previous year. In general, the carpet import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when the import price increased by X% year-to-year. In that year, the import prices for carpets and other textile floor coverings reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the import prices for carpets and other textile floor coverings failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Japan ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform