MERCOSUR: Woven Carpet Market 2024

Woven Carpet Market Size in MERCOSUR

The MERCOSUR woven carpet market reduced notably to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a drastic downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Woven Carpet Production in MERCOSUR

In value terms, woven carpet production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a deep slump. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Woven Carpet Exports

Exports in MERCOSUR

In 2022, woven carpet exports in MERCOSUR contracted dramatically to X square meters, which is down by X% against the previous year. Over the period under review, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, woven carpet exports expanded remarkably to $X in 2022. Total exports indicated a slight 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Brazil was the main exporting country with an export of around X square meters, which reached X% of total exports. Ecuador (X square meters) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Chile (X%). Peru (X square meters) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to woven carpet exports from Brazil stood at X%. At the same time, Ecuador (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Peru experienced a relatively flat trend pattern. By contrast, Chile (X%) illustrated a downward trend over the same period. Ecuador (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest woven carpet supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with an X% share of total exports. It was followed by Peru, with an X% share.

In Brazil, woven carpet exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ecuador (X% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per square meter, growing by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price 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, woven carpet export price increased by X% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per square meter), while Ecuador ($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 Brazil (X%), while the other leaders experienced a decline in the export price figures.

Woven Carpet Imports

Imports in MERCOSUR

In 2022, the amount of woven carpets and other woven textile coverings imported in MERCOSUR dropped rapidly to X square meters, falling by X% compared with the year before. Total imports indicated a notable expansion 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 growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters, and then shrank rapidly in the following year.

In value terms, woven carpet imports contracted rapidly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

Brazil represented the major importer of woven carpets and other woven textile coverings in MERCOSUR, with the volume of imports finishing at X square meters, which was approx. X% of total imports in 2022. It was distantly followed by Chile (X square meters), Colombia (X square meters) and Peru (X square meters), together making up a X% share of total imports. Argentina (X square meters), Paraguay (X square meters) and Uruguay (X square meters) took a minor share of total imports.

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

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

Among the main importing countries, Paraguay, with a CAGR of X%, recorded 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

In 2022, the import price in MERCOSUR amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. Over the period under review, import prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per square meter), while Brazil ($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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