Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay - 2023

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay (CIF) - 2022
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay (FOB) - 2022
3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay
4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay (CIF) - 2022

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $8.9 per square meter in 2022, growing by 31% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached 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 Argentina ($11 per square meter), while the price for Belgium ($7.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $21 per square meter, growing by 28% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 149%. As a result, the export price attained the peak level of $94 per square meter. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -1.9% per year.

Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay

After three years of growth, supplies from abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -9.2% to 429K square meters in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37%. Over the period under review, imports of reached the maximum at 472K square meters in 2021, and then reduced in the following year.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups soared to $3.8M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Uruguay in 2022:

1. China (173.1K square meters)
2. Paraguay (100.5K square meters)
3. Brazil (38.6K square meters)
4. India (31.6K square meters)
5. Argentina (31.3K square meters)
6. United States (29.4K square meters)
7. Turkey (7.9K square meters)

Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Uruguay

In 2022, overseas shipments of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -96.3% to 388 square meters, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 6%. As a result, the exports reached the peak of 35K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups shrank notably to $8.2K in 2022. In general, exports showed a precipitous slump. The smallest decline of -12.5% was in 2020. The exports peaked at $761K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Uruguay in 2022:

1. Paraguay (388.0 square meters)

Source: IndexBox Market Intelligence Platform