France: Tufted Carpet Market 2024

Tufted Carpet Market Size in France

The French tufted carpet market declined remarkably to $X in 2022, with a decrease of -94.2% against the previous year. Overall, consumption recorded a dramatic descent. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Tufted Carpet Production in France

In value terms, tufted carpet production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Tufted Carpet Exports

Exports from France

In 2022, exports of tufted carpets and other tufted textile floor coverings from France skyrocketed to X square meters, with an increase of 20% against the previous year. In general, total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 24%. As a result, the exports reached the peak of X square meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tufted carpet exports stood at $X in 2022. Over the period under review, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2013 indices. The growth pace was the most rapid in 2020 when exports increased by 29% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Uzbekistan (X square meters), Georgia (X square meters) and French Polynesia (X square meters) were the main destinations of tufted carpet exports from France, with a combined 87% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +1,406.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Georgia ($X) and Ukraine ($X) constituted the largest markets for tufted carpet exported from France worldwide, together accounting for 78% of total exports.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +1,348.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tufted carpet export price stood at $X per square meter in 2022, waning by -8.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to French Polynesia ($X 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 Romania (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tufted Carpet Imports

Imports into France

In 2022, tufted carpet imports into France declined remarkably to X square meters, falling by -91.9% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of X square meters, and then dropped significantly in the following year.

In value terms, tufted carpet imports dropped remarkably to $X in 2022. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

India (X square meters), Belgium (X square meters) and Germany (X square meters) were the main suppliers of tufted carpet imports to France, with a combined 66% share of total imports. Turkey, China, the Netherlands, Spain, the UK, Denmark, Portugal, Italy and Egypt lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +1.0%), while imports for the other leaders experienced a decline.

In value terms, the largest tufted carpet suppliers to France were India ($X), Belgium ($X) and China ($X), with a combined 53% share of total imports. Turkey, Germany, Denmark, the Netherlands, Spain, Italy, the UK, Portugal and Egypt lagged somewhat behind, together comprising a further 35%.

Portugal, with a CAGR of +1.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average tufted carpet import price amounted to $X per square meter, increasing by 82% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Germany ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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