Italy: Carpet Market Overview 2020

Carpet Market Size in Italy

The revenue of the carpet market in Italy amounted to $X in 2018, growing by X% against the previous year. In general, carpet consumption continues to indicate an abrupt contraction. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the carpet market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Carpet Production in Italy

In value terms, carpet production stood at $X in 2018 estimated in export prices. Over the period under review, carpet production continues to indicate an abrupt reduction. The growth pace was the most rapid in 2008 when production volume increased by X% y-o-y. In that year, carpet production attained its peak level of $X. From 2009 to 2018, carpet production growth remained at a somewhat lower figure.

Carpet Exports

Exports from Italy

In 2018, the amount of carpets and other textile floor coverings exported from Italy amounted to X tonnes, picking up by X% against the previous year. In general, carpet exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Italy exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, carpet exports stood at $X in 2018. In general, the total exports indicated a temperate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, carpet exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous 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), India (X tonnes) and the U.S. (X tonnes) represented the major exporters of carpets and other textile floor coverings, together achieving X% of total exports. The following exporters - Germany (X tonnes) and the UK (X tonnes) - each amounted to 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) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

In terms of the main exporting countries, Turkey experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The carpet export price in Italy stood at $X per tonne in 2018, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the export price increased by X% against the previous year. Italy export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

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

Carpet Imports

Imports into Italy

Carpet imports into Italy stood at X tonnes in 2018, picking up by X% against the previous year. Overall, carpet imports, however, continue to indicate a mild decline. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. In that year, carpet imports reached their peak of X tonnes. From 2011 to 2018, the growth of carpet imports failed to regain its momentum.

In value terms, carpet imports stood at $X in 2018. Over the period under review, carpet imports, however, continue to indicate a pronounced drop. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Italy imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by the UK (X tonnes), Germany (X tonnes), Canada (X tonnes) and Saudi Arabia (X tonnes) represented the main importers of carpets and other textile floor coverings, together generating X% of total imports. The following importers - the Netherlands (X tonnes), Belgium (X tonnes), Iraq (X tonnes), France (X tonnes), Australia (X tonnes), Japan (X tonnes) and Poland (X tonnes) - together made up X% 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. ($X) constitutes the largest market for imported carpets and other textile floor coverings into Italy, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., carpet imports expanded at an average annual rate of +X% over the period from 2007-2018. 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

In 2018, the carpet import price in Italy amounted to $X per tonne, remaining stable against the previous year. In general, the carpet import price continues to indicate a measured drop. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Italy import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform