Tunisia: Tufted Carpet Market 2024

Tufted Carpet Market Size in Tunisia

The Tunisian tufted carpet market amounted to $X in 2022, surging by 3% against the previous year. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Tufted Carpet Production in Tunisia

In value terms, tufted carpet production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.5% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 62%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Tufted Carpet Exports

Exports from Tunisia

In 2022, approx. X square meters of tufted carpets and other tufted textile floor coverings were exported from Tunisia; dropping by -41.9% against 2021 figures. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 968%. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tufted carpet exports contracted sharply to $X in 2022. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 825%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X square meters) was the main destination for tufted carpet exports from Tunisia, accounting for a 57% share of total exports. Moreover, tufted carpet exports to Morocco exceeded the volume sent to the second major destination, Egypt (X square meters), fourfold. The third position in this ranking was held by the United States (X square meters), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Morocco stood at +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (0.0% per year) and the United States (+82.0% per year).

In value terms, Morocco ($X) remains the key foreign market for tufted carpets and other tufted textile floor coverings exports from Tunisia, comprising 38% of total exports. The second position in the ranking was held by Egypt ($X), with a 15% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Morocco amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (0.0% per year) and the United States (+87.2% per year).

Export Prices by Country

The average tufted carpet export price stood at $X per square meter in 2022, falling by -4.6% against the previous year. Overall, the export price, however, continues to indicate a moderate increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 249%. As a result, the export price reached the peak level of $X per square meter. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Belgium ($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 Libya (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Tufted Carpet Imports

Imports into Tunisia

In 2022, tufted carpet imports into Tunisia contracted to X square meters, shrinking by -5.2% against the year before. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2013 when imports increased by 171%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tufted carpet imports contracted to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 172%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X square meters), Belgium (X square meters) and the Netherlands (X square meters) were the main suppliers of tufted carpet imports to Tunisia, with a combined 64% share of total imports. China, France, Egypt, Spain and Jordan lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +49.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Belgium ($X) and China ($X) constituted the largest tufted carpet suppliers to Tunisia, with a combined 67% share of total imports.

Turkey, with a CAGR of +37.5%, recorded the highest rates of growth with regard to the value of imports, among 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 tufted carpet import price amounted to $X per square meter, declining by -3.7% against the previous year. Overall, the import price recorded a deep setback. The pace of growth was the most pronounced in 2020 an increase of 24%. The import price peaked 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 ($X per square meter), while the price for Egypt ($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 Spain (-5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform