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

Contents:

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

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

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $3.4 per square meter, reducing by -7.3% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2013 a decrease of -2.2% against the previous year. The import price peaked at $13 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($19 per square meter), while the price for the United Arab Emirates ($2.1 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 (+2.3%), 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 Ghana (FOB) - 2022

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $9 per square meter in 2022, surging by 152% against the previous year. In general, the export price posted a prominent expansion. The export price peaked at $15 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10 per square meter), while the average price for exports to the UK ($9.1 per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.9%).

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

In 2022, after two years of decline, there was significant decline in supplies from abroad of carpets and other textile floor coverings; tufted, whether or not made ups, when their volume decreased by -38.4% to 425K square meters. In general, imports, however, continue to indicate a significant increase. Imports peaked at 690K square meters in 2021, and then dropped remarkably in the following year.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups reduced dramatically to $2.2M in 2022. Over the period under review, imports, however, recorded a significant increase. Imports peaked at $2.9M in 2021, and then contracted dramatically in the following year.

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

1. China (247.6K square meters)
2. United Arab Emirates (51.2K square meters)
3. India (44.7K square meters)
4. Belgium (27.3K square meters)
5. Turkey (12.9K square meters)
6. South Africa (12.8K square meters)
7. Hong Kong SAR (8.5K square meters)
8. Netherlands (5.8K square meters)

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

After two years of decline, shipments abroad of carpets and other textile floor coverings; tufted, whether or not made ups decreased by -50.2% to 22K square meters in 2022. Overall, exports, however, showed a strong expansion. The exports peaked at 45K square meters in 2021, and then reduced notably in the following year.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups reduced markedly to $218K in 2022. In general, exports, however, showed a tangible expansion. Over the period under review, the exports of attained the peak figure at $385K in 2021, and then reduced markedly in the following year.

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

1. United States (13.8K square meters)
2. Netherlands (7.0K square meters)
3. United Kingdom (1.4K square meters)

Source: IndexBox Market Intelligence Platform