Report Update Nov 1, 2024

Ireland - Tufted Carpets and Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Tufted Carpet Market 2024

Tufted Carpet Market Size in Ireland

In 2022, the Irish tufted carpet market was finally on the rise to reach $X after two years of decline. Overall, consumption posted a prominent expansion. Tufted carpet consumption peaked in 2022 and is expected to retain growth in the immediate term.

Tufted Carpet Exports

Exports from Ireland

In 2022, exports of tufted carpets and other tufted textile floor coverings from Ireland contracted modestly to X square meters, reducing by -2.7% on the previous year. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of 49%. As a result, the exports reached the peak of X square meters. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, tufted carpet exports totaled $X in 2022. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X square meters) was the main destination for tufted carpet exports from Ireland, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +11.2%.

In value terms, the UK ($X) also remains the key foreign market for tufted carpets and other tufted textile floor coverings exports from Ireland.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled -5.4%.

Export Prices by Country

The average tufted carpet export price stood at $X per square meter in 2022, rising by 7.4% against the previous year. Overall, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 95%. Over the period under review, the average export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -14.9% per year.

Tufted Carpet Imports

Imports into Ireland

In 2022, purchases abroad of tufted carpets and other tufted textile floor coverings increased by 35% to X square meters, rising for the sixth consecutive year after two years of decline. In general, imports showed a strong increase. The growth pace was the most rapid in 2017 with an increase of 36%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, tufted carpet imports surged to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X square meters), Belgium (X square meters) and the UK (X square meters) were the main suppliers of tufted carpet imports to Ireland, together accounting for 78% of total imports. India, China, Germany and Turkey lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +21.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and the UK ($X) appeared to be the largest tufted carpet suppliers to Ireland, with a combined 79% share of total imports. China, India, Turkey and Germany lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, China, with a CAGR of +15.2%, 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

The average tufted carpet import price stood at $X per square meter in 2022, declining by -9.8% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 5.8%. Over the period under review, average import prices hit record highs at $X per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 China ($X per square meter), while the price for Germany ($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 (-4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of tufted carpet consumption in 2021 were China, the United States and Turkey, together comprising 40% of global consumption. These countries were followed by India, the UK, Indonesia, Japan, Mexico, Germany, South Korea, Iran, Canada and Saudi Arabia, which together accounted for a further 34%.

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

China constituted the country with the largest volume of tufted carpet production, accounting for 29% of total volume. Moreover, tufted carpet production in China exceeded the figures recorded by the second-largest producer, Turkey, threefold. The third position in this ranking was occupied by India, with a 9.8% share.

What are the leading suppliers of tufted carpets and other tufted textile floor coverings to Ireland?

In value terms, the largest tufted carpet suppliers to Ireland were the Netherlands, the UK and Belgium, with a combined 74% share of total imports. These countries were followed by China, India, Vietnam and Turkey, which together accounted for a further 21%.

What are the leading importers of tufted carpets and other tufted textile floor coverings from Ireland?

In value terms, the UK remains the key foreign market for tufted carpet exports from Ireland, comprising 90% of total exports. The second position in the ranking was occupied by the United States, with a 5.2% share of total exports.

What is the average export price for tufted carpets and other tufted textile floor coverings in Ireland?

In 2021, the average tufted carpet export price amounted to $5.5 per square meter, reducing by -3.1% against the previous year.

What is the average import price for tufted carpets and other tufted textile floor coverings in Ireland?

In 2021, the average tufted carpet import price amounted to $5.8 per square meter, falling by -27.1% against the previous year.

This report provides an in-depth analysis of the tufted carpet market in Ireland. 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 13931300 - Tufted carpets and other tufted textile floor coverings

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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