Report Update Nov 1, 2024

Colombia - Woven Carpets and Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Woven Carpet Market 2024

Woven Carpet Market Size in Colombia

The Colombian woven carpet market plummeted to $X in 2022, waning by -31.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a prominent expansion. Over the period under review, the market hit record highs at $X in 2021, and then dropped markedly in the following year.

Woven Carpet Exports

Exports from Colombia

Woven carpet exports from Colombia fell notably to X square meters in 2022, declining by -25.9% on the previous year. Over the period under review, exports showed a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 98%. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, woven carpet exports reduced sharply to $X in 2022. Overall, exports recorded a perceptible decrease. The growth pace was the most rapid in 2021 when exports increased by 97%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for woven carpet exports from Colombia, accounting for a 92% share of total exports. It was followed by Venezuela (X square meters), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -2.3%.

In value terms, the United States ($X) remains the key foreign market for woven carpets and other woven textile coverings exports from Colombia, comprising 79% of total exports. The second position in the ranking was held by Venezuela ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -1.7%.

Export Prices by Country

In 2022, the average woven carpet export price amounted to $X per square meter, increasing by 1.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per square meter), while the average price for exports to the United States amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%).

Woven Carpet Imports

Imports into Colombia

In 2022, the amount of woven carpets and other woven textile coverings imported into Colombia contracted rapidly to X square meters, which is down by -31% compared with the previous year's figure. Over the period under review, imports, however, posted a measured expansion. The growth pace was the most rapid in 2021 with an increase of 144%. As a result, imports reached the peak of X square meters, and then declined dramatically in the following year.

In value terms, woven carpet imports contracted remarkably to $X in 2022. Overall, imports, however, posted a noticeable increase. The growth pace was the most rapid in 2021 when imports increased by 147% against the previous year. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

Turkey (X square meters), China (X square meters) and Belgium (X square meters) were the main suppliers of woven carpet imports to Colombia, with a combined 65% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +20.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest woven carpet suppliers to Colombia were Turkey ($X), China ($X) and Belgium ($X), together comprising 54% of total imports.

China, with a CAGR of +14.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average woven carpet import price amounted to $X per square meter, growing by 1.9% against the previous year. Over the period under review, the import price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 21%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for the Netherlands ($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 Belgium (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven carpets and other woven textile coverings in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 50% share of global consumption.

What are the largest producers of woven carpets and other woven textile coverings in the world?

The countries with the highest volumes of in 2021 were Turkey, China and India, with a combined 70% share of global production. Indonesia, the United States, Pakistan, Bangladesh, Belgium, Egypt and Iran lagged somewhat behind, together comprising a further 20%.

What are the leading suppliers of woven carpets and other woven textile coverings to Colombia?

In value terms, the largest woven carpet suppliers to Colombia were Belgium, Egypt and China, with a combined 48% share of total imports.

What are the leading importers of woven carpets and other woven textile coverings from Colombia?

In value terms, the United States remains the key foreign market for woven carpet exports from Colombia, comprising 55% of total exports. The second position in the ranking was occupied by Venezuela, with a 15% share of total exports.

What is the average export price for woven carpets and other woven textile coverings in Colombia?

In 2021, the average woven carpet export price amounted to $10,951 per ton, almost unchanged from the previous year.

What is the average import price for woven carpets and other woven textile coverings in Colombia?

The average woven carpet import price stood at $3,882 per ton in 2021, with an increase of 1.7% against the previous year.

This report provides an in-depth analysis of the woven carpet market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023