Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Venezuela - 2022

Contents:

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

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

The average import price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $10 per square meter in 2022, jumping by 159% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The import price peaked at $10 per square meter in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17 per square meter), while the price for India ($4 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 United States (+6.7%), 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 Venezuela (FOB) - 2022

The average export price for carpets and other textile floor coverings; tufted, whether or not made ups stood at $23 per square meter in 2022, surging by 73% against the previous year. Overall, the export price posted significant growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 150% against the previous year. Over the period under review, the average export prices hit record highs at $31 per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($217 per square meter), while the average price for exports to the Dominican Republic ($11 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 Panama (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of carpets and other textile floor coverings; tufted, whether or not made ups into Venezuela contracted to 324K square meters in 2022, reducing by -10.2% compared with the previous year's figure. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 121% against the previous year. As a result, imports attained the peak of 361K square meters, and then contracted in the following year.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups expanded to $3.2M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. China (246.4K square meters)
2. Panama (19.4K square meters)
3. United States (11.1K square meters)
4. Belgium (10.5K square meters)
5. Vietnam (9.5K square meters)
6. Spain (8.3K square meters)
7. Egypt (3.6K square meters)

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

For the third consecutive year, Venezuela recorded decline in shipments abroad of carpets and other textile floor coverings; tufted, whether or not made ups, which decreased by -11.7% to 68 square meters in 2022. Overall, exports recorded a dramatic setback. The exports peaked at 411 square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups skyrocketed to $1.5K in 2022. Over the period under review, exports recorded a dramatic downturn. Over the period under review, the exports of attained the peak figure at $12K 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 Venezuela in 2022:

1. Colombia (59.0 square meters)
2. Israel (4.0 square meters)
3. Panama (1.0 square meters)

Source: IndexBox Market Intelligence Platform