China - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Dec 1, 2023

China - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

Carpet Price in China - 2023

Contents:

  1. Carpet Price in China (FOB) - 2022
  2. Carpet Price in China (CIF) - 2022
  3. Carpet Exports in China
  4. Carpet Imports in China

Carpet Price in China (FOB) - 2022

The average carpet export price stood at $7.1 per square meter in 2022, surging by 26% against the previous year. In general, the export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2018 an increase of 28%. The export price peaked at $9.3 per square meter in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($11 per square meter), while the average price for exports to Chile ($5.7 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 Malaysia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Price in China (CIF) - 2022

In 2022, the average carpet import price amounted to $12 per square meter, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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 Nepal ($27 per square meter), while the price for Vietnam ($4.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Carpet Exports in China

In 2022, after three years of growth, there was significant decline in shipments abroad of carpets and other textile floor coverings, when their volume decreased by -73.4% to 102M square meters. Overall, exports showed a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 49%. Over the period under review, the exports attained the peak figure at 383M square meters in 2021, and then reduced notably in the following year.

In value terms, carpet exports reduced sharply to $719M in 2022. Over the period under review, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 19%. As a result, the exports reached the peak of $2.1B, and then declined remarkably in the following year.

Export of Carpet in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States335306372174-19.6%
Japan20619120468.0-30.9%
Malaysia65.382.911660.1-2.7%
Australia10010510632.6-31.2%
Germany62.866.182.026.2-25.3%
Saudi Arabia71.276.776.122.8-31.6%
South Korea38.241.750.919.5-20.1%
Thailand28.321.928.218.5-13.2%
United Kingdom76.079.384.417.9-38.2%
Vietnam10511310517.0-45.5%
Iraq8.312.09.416.325.2%
Netherlands34.038.247.916.0-22.2%
Chile32.428.243.214.0-24.4%
Others721637816216-33.1%
Total1,8831,8002,141719-27.5%

Top Export Markets for Carpet from China in 2022:

  1. United States (26.3M square meters)
  2. Japan (10.8M square meters)
  3. Malaysia (5.3M square meters)
  4. Germany (4.1M square meters)
  5. Australia (3.7M square meters)
  6. Saudi Arabia (3.1M square meters)
  7. South Korea (3.0M square meters)
  8. Thailand (2.8M square meters)
  9. Vietnam (2.6M square meters)
  10. Chile (2.5M square meters)
  11. United Kingdom (2.4M square meters)
  12. Iraq (2.4M square meters)
  13. Netherlands (2.3M square meters)

Carpet Imports in China

In 2022, approx. 5.7M square meters of carpets and other textile floor coverings were imported into China; dropping by -32.2% on 2021. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Over the period under review, imports reached the maximum at 9.1M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, carpet imports declined sharply to $67M in 2022. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked at $105M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Carpet in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.313.215.017.85.2%
Turkey19.113.212.612.2-13.9%
Egypt5.74.04.45.3-2.4%
Germany2.02.06.14.632.0%
Italy3.92.23.73.5-3.5%
Nepal4.92.02.93.1-14.2%
Belgium3.33.64.92.7-6.5%
Japan9.98.516.52.2-39.4%
Iran3.22.52.82.0-14.5%
United States17.23.89.01.8-52.9%
Vietnam1.71.80.91.2-11.0%
Bangladesh0.71.82.90.98.7%
Taiwan (Chinese)0.10.71.70.9108.0%
Others17.911.115.18.8-21.1%
Total10570.298.467.1-13.9%

Top Suppliers of Carpet to China in 2022:

  1. India (1856.9K square meters)
  2. Turkey (982.6K square meters)
  3. Egypt (443.7K square meters)
  4. Germany (326.3K square meters)
  5. Belgium (298.6K square meters)
  6. Japan (293.4K square meters)
  7. Vietnam (244.8K square meters)
  8. Bangladesh (164.4K square meters)
  9. Italy (155.0K square meters)
  10. Iran (141.5K square meters)
  11. Taiwan (Chinese) (133.1K square meters)
  12. Nepal (117.4K square meters)
  13. United States (115.9K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carpet market in China. 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 13931100 - Knotted carpets and other knotted textile floor coverings
• Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
• Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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. 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. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
  3. 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. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    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. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2022
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2022
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES
    1. Key Findings In 2022
    2. Market Volume, In Physical Terms, 2012–2022
    3. Market Value, 2012–2022
    4. Per Capita Consumption In 2012-2022
    5. Imports, In Physical Terms, By Country, 2012–2022
    6. Imports, In Value Terms, By Country, 2012–2022
    7. Import Prices, By Country Of Origin, 2012–2022
    8. Exports, In Physical Terms, By Country, 2012–2022
    9. Exports, In Value Terms, By Country, 2012–2022
    10. Export Prices, By Country Of Destination, 2012–2022
  12. LIST OF FIGURES
    1. Market Volume, In Physical Terms, 2012–2022
    2. Market Value, 2012–2022
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
    5. Trade Balance, In Physical Terms, 2012-2022
    6. Trade Balance, In Value Terms, 2012-2022
    7. Per Capita Consumption, 2012-2022
    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, 2012–2022
    22. Production, In Value Terms, 2012–2022
    23. Imports, In Physical Terms, 2012–2022
    24. Imports, In Value Terms, 2012–2022
    25. Imports, In Physical Terms, By Country, 2022
    26. Imports, In Physical Terms, By Country, 2012–2022
    27. Imports, In Value Terms, By Country, 2012–2022
    28. Import Prices, By Country Of Origin, 2012–2022
    29. Exports, In Physical Terms, 2012–2022
    30. Exports, In Value Terms, 2012–2022
    31. Exports, In Physical Terms, By Country, 2022
    32. Exports, In Physical Terms, By Country, 2012–2022
    33. Exports, In Value Terms, By Country, 2012–2022
    34. Export Prices, By Country Of Destination, 2012–2022
Store
Blog
Event
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Port Authority of New York and New Jersey
Buro Happold
IndexBox Inc.
EIT InnoEnergy
Ambient Energy, A Mead & Hunt Company
Weitzman School Of Design, University of Pennsylvania
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Westbrook Stevens, LLC
Radicle
IndexBox Inc.
NCX
Mpowa
Digital20
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG
JRP
IndexBox Inc.
SDXspace
JLL
Lynx Global Intelligence
Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.

Centrica Energy Trading
Agromin
AFS Energy
IndexBox Inc.
Ecogen Brasil
Thyson Technology Ltd
Wind Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global wind energy market.

IndexBox Inc.
MULTIPLIANCE
Grupo MAE Energías Renovables
Albanian Renewable Energy Association - AREA
CMS Cameron McKenna Nabarro
Solar Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global solar energy market.

DLA Piper
IndexBox Inc.
MULTIPLIANCE
Suntuity
Grupo MAE Energías Renovables
Ørsted
Pfister Energy
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook

Join our live webinar to get insights into the global biomass market.

UNDP
IndexBox Inc.
Instituto Mexicano del Petróleo
Center for Sustainable Future Technologies
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global recovered paper market.

Recovered Paper Consulting, LLC
IndexBox Inc.
Mid America Paper Recycling
Group EcoBox OU
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company
World Bioenergy Association
IndexBox Inc.
Energy Markets Global
Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Wood
EVShare
IndexBox Inc.
SPM

Free Data: Carpets And Other Textile Floor Coverings - China