Spain: Woven Carpet Market 2024

Woven Carpet Market Size in Spain

The Spanish woven carpet market expanded significantly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption enjoyed a strong increase. Woven carpet consumption peaked in 2022 and is expected to retain growth in the immediate term.

Woven Carpet Production in Spain

In value terms, woven carpet production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X, and then declined in the following year.

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Woven Carpet Exports

Exports from Spain

In 2022, shipments abroad of woven carpets and other woven textile coverings decreased by X% to X square meters, falling for the third consecutive year after five years of growth. Overall, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, woven carpet exports declined to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

Portugal (X square meters) was the main destination for woven carpet exports from Spain, with a X% share of total exports. Moreover, woven carpet exports to Portugal exceeded the volume sent to the second major destination, France (X square meters), fourfold. The third position in this ranking was held by Italy (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Portugal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, Portugal ($X) remains the key foreign market for woven carpets and other woven textile coverings exports from Spain, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

Export Prices by Country

The average woven carpet export price stood at $X per square meter in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Morocco ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Woven Carpet Imports

Imports into Spain

In 2022, approx. X square meters of woven carpets and other woven textile coverings were imported into Spain; rising by X% on 2021 figures. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, woven carpet imports rose modestly to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, India (X square meters) constituted the largest supplier of woven carpet to Spain, accounting for a X% share of total imports. Moreover, woven carpet imports from India exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), twofold. The third position in this ranking was taken by Belgium (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Belgium (X% per year).

In value terms, the largest woven carpet suppliers to Spain were India ($X), Turkey ($X) and Belgium ($X), together accounting for X% of total imports. Portugal, China, Egypt, Bangladesh, France, Germany and Pakistan lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average woven carpet import price amounted to $X per square meter, remaining constant against the previous year. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per square meter), while the price for France ($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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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