Italy: Carpet Market Overview 2021

Carpet Market Size in Italy

The Italian carpet market expanded significantly to $X in 2019, growing by X% against the previous year. Overall, consumption, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Carpet consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Carpet Production in Italy

In value terms, carpet production rose sharply to $X in 2019 estimated in export prices. Overall, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Carpet production peaked at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

Carpet Exports

Exports from Italy

In 2019, shipments abroad of carpets and other textile floor coverings decreased by -X% to X tonnes, falling for the second consecutive year after five years of growth. In general, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, carpet exports dropped to $X in 2019. Overall, total exports indicated modest growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2018, and then contracted modestly in the following year.

Exports by Country

France (X tonnes), Spain (X tonnes) and the U.S. (X tonnes) were the main destinations of carpet exports from Italy, with a combined X% share of total exports. These countries were followed by the UK, Greece, Germany, Mexico, Slovakia, the Czech Republic, Israel, Poland, Ukraine and Switzerland, which together accounted for a further X 2007 to 2019, the biggest increases were in Mexico, while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and the U.S. ($X) were the largest markets for carpet exported from Italy worldwide, together accounting for X% of total exports. These countries were followed by Spain, Germany, Mexico, Switzerland, the Czech Republic, Slovakia, Greece, Poland, Israel and Ukraine, which together accounted for a further X the main countries of destination, Mexico saw the highest rates of growth with regard to 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

In 2019, the average carpet export price amounted to $X per tonne, growing by X% against the previous year. In general, export price indicated a noticeable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, carpet export price increased by +X% against 2013 indices. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports

Imports into Italy

In 2019, imports of carpets and other textile floor coverings into Italy dropped modestly to X tonnes, shrinking by -X% compared with 2018. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2017 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, carpet imports dropped slightly to $X in 2019. Overall, imports recorded a mild shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

Turkey (X tonnes), China (X tonnes) and India (X tonnes) were the main suppliers of carpet imports to Italy, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Turkey, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Turkey ($X) constituted the largest carpet suppliers to Italy, with a combined X% share of total imports.

Turkey saw 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 more modest paces of growth.

Import Prices by Country

In 2019, the average carpet import price amounted to $X per tonne, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2009; however, from 2010 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carpets and other textile floor coverings in the world?

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China (1M tonnes) remains the largest carpet consuming country worldwide, accounting for 22% of total volume. Moreover, carpet consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (473K tonnes), twofold. India (422K tonnes) ranked third in terms of total consumption with a 9.1% share.

What are the largest producers of carpets and other textile floor coverings in the world?

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The countries with the highest volumes of carpet production in 2019 were China (1.4M tonnes), Turkey (795K tonnes) and India (528K tonnes), with a combined 57% share of global production.

What are the leading suppliers of carpets and other textile floor coverings to Italy?

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In value terms, the largest carpet suppliers to Italy were China ($25M), India ($23M) and Turkey ($21M), together accounting for 36% of total imports.

What are the leading importers of carpets and other textile floor coverings from Italy?

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In value terms, the largest markets for carpet exported from Italy were France ($15M), the UK ($14M) and the U.S. ($14M), with a combined 29% share of total exports. These countries were followed by Spain, Germany, Mexico, Switzerland, the Czech Republic, Slovakia, Greece, Poland, Israel and Ukraine, which together accounted for a further 35%.

What is the average export price for carpets and other textile floor coverings in Italy?

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In 2019, the average carpet export price amounted to $17,928 per tonne, picking up by 19% against the previous year.

What is the average import price for carpets and other textile floor coverings in Italy?

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The average carpet import price stood at $9,846 per tonne in 2019, with an increase of 2.1% against the previous year.