Malta: Carpet Market 2020

Carpet Market Size in Malta

The revenue of the carpet market in Malta amounted to $X in 2018, waning by -X% against the previous year. Overall, carpet consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. In that year, the carpet market attained its peak level of $X, and then declined slightly in the following year.

Carpet Production in Malta

In value terms, carpet production amounted to $X in 2018 estimated in export prices. Overall, carpet production continues to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, carpet production attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Carpet Exports

Exports from Malta

In 2018, the exports of carpets and other textile floor coverings from Malta stood at X tons, growing by X% against the previous year. Over the period under review, carpet exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, carpet exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, carpet exports stood at $X in 2018. Overall, carpet exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Malta exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, Turkey (X tons), distantly followed by China (X tons), Belgium (X tons), the Netherlands (X tons), India (X tons) and the U.S. (X tons) were the largest exporters of carpets and other textile floor coverings, together making up X% of total exports. The following exporters - Germany (X tons) and the UK (X tons) - each resulted at a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malta, while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, the Netherlands, the U.S., Germany, the UK and Malta lagged somewhat behind, together comprising a further X terms of the main exporting countries, Malta recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the carpet export price in Malta amounted to $X per ton, rising by X% against the previous year. Over the period under review, the carpet export price, however, continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2009 when the export price increased by X% against the previous year. In that year, the export prices for carpets and other textile floor coverings attained their peak level of $X per ton. From 2010 to 2018, the growth in terms of the export prices for carpets and other textile floor coverings remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Carpet Imports

Imports into Malta

In 2018, the amount of carpets and other textile floor coverings imported into Malta stood at X tons, falling by -X% against the previous year. Overall, carpet imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. In that year, carpet imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, carpet imports stood at $X in 2018. In general, carpet imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, carpet imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by the UK (X tons), Germany (X tons), Canada (X tons) and Saudi Arabia (X tons) represented the key importers of carpets and other textile floor coverings, together generating X% of total imports. The following importers - the Netherlands (X tons), Belgium (X tons), Iraq (X tons), France (X tons), Australia (X tons), Japan (X tons) and Poland (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported carpets and other textile floor coverings into Malta, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and Germany (-X% per year).

Import Prices by Country

The carpet import price in Malta stood at $X per ton in 2018, picking up by X% against the previous year. Over the period under review, the carpet import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the import prices for carpets and other textile floor coverings attained their maximum at $X per ton in 2010; however, from 2011 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform