Argentina: Woven Carpet Market 2025

Woven Carpet Market Size in Argentina

In 2022, the Argentinian woven carpet market increased by 43% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, saw a noticeable reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Woven Carpet Exports

Exports from Argentina

In 2022, exports of woven carpets and other woven textile coverings from Argentina reduced sharply to X square meters, shrinking by -16.1% compared with the year before. In general, exports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 163% against the previous year. As a result, the exports attained the peak of X square meters. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, woven carpet exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 88% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X square meters), the United States (X square meters) and Australia (X square meters) were the main destinations of woven carpet exports from Argentina, with a combined 68% share of total exports. Switzerland, Uruguay, Chile and Canada lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +108.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for woven carpets and other woven textile coverings exports from Argentina, comprising 48% of total exports. The second position in the ranking was taken by Brazil ($X), with a 20% share of total exports. It was followed by Australia, with an 18% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+6.7% per year) and Australia (+12.0% per year).

Export Prices by Country

In 2022, the average woven carpet export price amounted to $X per square meter, with an increase of 1.8% against the previous year. Overall, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 22%. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Uruguay ($X 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 the United States (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Woven Carpet Imports

Imports into Argentina

In 2022, imports of woven carpets and other woven textile coverings into Argentina surged to X square meters, growing by 57% on the year before. Overall, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 when imports increased by 84%. Over the period under review, imports attained the maximum at X square meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, woven carpet imports surged to $X in 2022. Over the period under review, imports, however, showed a deep setback. The growth pace was the most rapid in 2013 when imports increased by 85%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X square meters) constituted the largest woven carpet supplier to Argentina, with a 73% share of total imports. Moreover, woven carpet imports from India exceeded the figures recorded by the second-largest supplier, China (X square meters), sevenfold. The third position in this ranking was taken by Turkey (X square meters), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.6% per year) and Turkey (+8.6% per year).

In value terms, India ($X) constituted the largest supplier of woven carpets and other woven textile coverings to Argentina, comprising 66% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by Turkey, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.9% per year) and Turkey (+3.0% per year).

Import Prices by Country

In 2022, the average woven carpet import price amounted to $X per square meter, which is down by -16.8% against the previous year. In general, the import price saw a slight slump. The pace of growth appeared the most rapid in 2013 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2014 to 2022, the average import prices failed to regain momentum.

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 Brazil ($X per square meter), while the price for Spain ($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 (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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