U.S. - Woven Carpets And Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWoven Carpet Import in United States Drops Notably to $106M in March 2023
U.S. Woven Carpet Imports
In March 2023, approximately 13M square meters of woven carpets and other woven textile coverings were imported into the United States; waning by -13% on the previous month's figure. In general, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in November 2022 when imports increased by 32% against the previous month. Over the period under review, imports hit record highs at 24M square meters in March 2022; however, from April 2022 to March 2023, imports remained at a lower figure.
In value terms, woven carpet imports declined to $106M (IndexBox estimates) in March 2023. Over the period under review, imports showed a noticeable setback. The pace of growth was the most pronounced in November 2022 when imports increased by 27% m-o-m. Over the period under review, imports attained the maximum at 183M square meters in March 2022; however, from April 2022 to March 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Woven Carpet in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| Turkey | 82.7 | 70.2 | 63.9 | 85.6 | 61.2 | 62.9 | 50.2 | 62.7 | 74.4 | 72.6 | 68.1 | 54.0 | 39.8 |
| India | 52.8 | 59.0 | 59.4 | 38.9 | 49.6 | 37.0 | 43.2 | 32.6 | 46.0 | 38.0 | 50.5 | 36.5 | 37.3 |
| China | 12.9 | 12.0 | 9.6 | 10.5 | 7.9 | 9.2 | 7.0 | 7.2 | 8.1 | 5.9 | 7.7 | 7.6 | 6.8 |
| Egypt | 13.0 | 11.5 | 9.8 | 11.9 | 7.9 | 8.4 | 8.0 | 5.6 | 8.2 | 9.2 | 8.9 | 6.8 | 6.5 |
| Belgium | 9.7 | 10.3 | 6.5 | 4.1 | 2.4 | 2.7 | 2.2 | 4.2 | 8.5 | 5.0 | 4.0 | 3.4 | 5.6 |
| Pakistan | 1.9 | 2.1 | 0.9 | 1.0 | 1.5 | 1.5 | 0.9 | 1.2 | 1.2 | 1.0 | 0.9 | 0.9 | 1.4 |
| Others | 10.0 | 8.2 | 9.8 | 11.8 | 10.0 | 10.4 | 8.5 | 10.3 | 10.7 | 9.9 | 8.1 | 6.1 | 8.6 |
| Total | 183 | 173 | 160 | 164 | 140 | 132 | 120 | 124 | 157 | 142 | 148 | 115 | 106 |
Imports by Country
Turkey (5.8M square meters), India (3.9M square meters) and China (1.2M square meters) were the main suppliers of woven carpet imports to the United States, with a combined 82% share of total imports. Egypt, Belgium and Pakistan lagged somewhat behind, together comprising a further 15%.
From March 2022 to March 2023, the biggest increases were in Pakistan (with a CAGR of +1.3%), while purchases for the other leaders experienced a decline.
In value terms, Turkey ($40M), India ($37M) and China ($6.8M) were the largest woven carpet suppliers to the United States, together accounting for 79% of total imports. Egypt, Belgium and Pakistan lagged somewhat behind, together comprising a further 13%.
Among the main suppliers, Pakistan, with a CAGR of -2.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Imports by Type
In March 2023, carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 (8.1M square meters) constituted the largest type of woven carpet supplied to the United States, with a 61% share of total imports. Moreover, carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 exceeded the figures recorded for the second-largest type, carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, (not of pile construction), made up, n.e.s. in item no. 5702.10 or 5702.20 (1.5M square meters), fivefold. Carpets and other textile floor coverings; woven, (not tufted or flocked), of textile materials (other than man-made, wool or fine animal hair), of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 (958K square meters) ranked third in terms of total imports with a 7.2% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 stood at -5.5%. With regard to the other supplied products, the following average monthly rates of growth were recorded: carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, (not of pile construction), made up, n.e.s. in item no. 5702.10 or 5702.20 (-4.9% per month) and carpets and other textile floor coverings; woven, (not tufted or flocked), of textile materials (other than man-made, wool or fine animal hair), of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 (-3.9% per month).
In value terms, carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 ($54M) constituted the largest type of woven carpet supplied to the United States, comprising 51% of total imports. The second position in the ranking was held by carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, (not of pile construction), made up, n.e.s. in item no. 5702.10 or 5702.20 ($8.2M), with a 7.8% share of total imports. It was followed by carpets and other textile floor coverings; woven, (not tufted or flocked), of wool or fine animal hair, of pile construction, not made up, n.e.s. in item no. 5702.10 or 5702.20, with a 7.6% share.
Import Prices by Country
In March 2023, the woven carpet price stood at $7.9 per square meter (CIF, US), growing by 5.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 8% m-o-m. Over the period under review, average import prices attained the maximum at $8.7 per square meter in October 2022; however, from November 2022 to March 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was India ($9.5 per square meter), while the price for Pakistan ($4.0 per square meter) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by India (+1.2%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the woven carpet market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
