MERCOSUR: Carpet Market 2024

Carpet Market Size in MERCOSUR

The MERCOSUR carpet market shrank to $X in 2022, reducing by X% against the previous year. In general, consumption recorded a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Carpet Production in MERCOSUR

In value terms, carpet production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Carpet Exports

Exports in MERCOSUR

In 2022, overseas shipments of carpets and other textile floor coverings decreased by X% to X square meters, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X square meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, carpet exports dropped notably to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

In 2022, Chile (X square meters) was the key exporter of carpets and other textile floor coverings, generating X% of total exports. Brazil (X square meters) held the second position in the ranking, distantly followed by Ecuador (X square meters) and Paraguay (X square meters). All these countries together took approx. X% share of total exports. Argentina (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to carpet exports from Chile stood at X%. At the same time, Paraguay (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Brazil (X%) and Argentina (X%) illustrated a downward trend over the same period. Chile (X p.p.), Ecuador (X p.p.) and Paraguay (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil and Argentina saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Chile ($X), Brazil ($X) and Ecuador ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Argentina and Paraguay lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Paraguay, with a CAGR of X%, recorded the highest growth rate of 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

The export price in MERCOSUR stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per square meter), while Paraguay ($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 Argentina (X%), while the other leaders experienced more modest paces of growth.

Carpet Imports

Imports in MERCOSUR

In 2022, carpet imports in MERCOSUR declined significantly to X square meters, dropping by X% compared with 2021 figures. Total imports indicated tangible 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters, and then contracted remarkably in the following year.

In value terms, carpet imports fell dramatically to $X in 2022. In general, imports saw a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

Chile was the key importing country with an import of about X square meters, which reached X% of total imports. Brazil (X square meters) ranks second in terms of the total imports with a X% share, followed by Peru (X%) and Colombia (X%). Argentina (X square meters), Uruguay (X square meters) and Paraguay (X square meters) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Peru ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Colombia, Argentina, Paraguay and Uruguay lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Paraguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per square meter in 2022, waning by X% against the previous year. In general, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Paraguay ($X per square meter), while Chile ($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 Paraguay (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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