China - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarpet Price in China - 2023
Contents:
- Carpet Price in China (FOB) - 2022
- Carpet Price in China (CIF) - 2022
- Carpet Exports in China
- 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) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 335 | 306 | 372 | 174 | -19.6% |
| Japan | 206 | 191 | 204 | 68.0 | -30.9% |
| Malaysia | 65.3 | 82.9 | 116 | 60.1 | -2.7% |
| Australia | 100 | 105 | 106 | 32.6 | -31.2% |
| Germany | 62.8 | 66.1 | 82.0 | 26.2 | -25.3% |
| Saudi Arabia | 71.2 | 76.7 | 76.1 | 22.8 | -31.6% |
| South Korea | 38.2 | 41.7 | 50.9 | 19.5 | -20.1% |
| Thailand | 28.3 | 21.9 | 28.2 | 18.5 | -13.2% |
| United Kingdom | 76.0 | 79.3 | 84.4 | 17.9 | -38.2% |
| Vietnam | 105 | 113 | 105 | 17.0 | -45.5% |
| Iraq | 8.3 | 12.0 | 9.4 | 16.3 | 25.2% |
| Netherlands | 34.0 | 38.2 | 47.9 | 16.0 | -22.2% |
| Chile | 32.4 | 28.2 | 43.2 | 14.0 | -24.4% |
| Others | 721 | 637 | 816 | 216 | -33.1% |
| Total | 1,883 | 1,800 | 2,141 | 719 | -27.5% |
Top Export Markets for Carpet from China in 2022:
- United States (26.3M square meters)
- Japan (10.8M square meters)
- Malaysia (5.3M square meters)
- Germany (4.1M square meters)
- Australia (3.7M square meters)
- Saudi Arabia (3.1M square meters)
- South Korea (3.0M square meters)
- Thailand (2.8M square meters)
- Vietnam (2.6M square meters)
- Chile (2.5M square meters)
- United Kingdom (2.4M square meters)
- Iraq (2.4M square meters)
- 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) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 15.3 | 13.2 | 15.0 | 17.8 | 5.2% |
| Turkey | 19.1 | 13.2 | 12.6 | 12.2 | -13.9% |
| Egypt | 5.7 | 4.0 | 4.4 | 5.3 | -2.4% |
| Germany | 2.0 | 2.0 | 6.1 | 4.6 | 32.0% |
| Italy | 3.9 | 2.2 | 3.7 | 3.5 | -3.5% |
| Nepal | 4.9 | 2.0 | 2.9 | 3.1 | -14.2% |
| Belgium | 3.3 | 3.6 | 4.9 | 2.7 | -6.5% |
| Japan | 9.9 | 8.5 | 16.5 | 2.2 | -39.4% |
| Iran | 3.2 | 2.5 | 2.8 | 2.0 | -14.5% |
| United States | 17.2 | 3.8 | 9.0 | 1.8 | -52.9% |
| Vietnam | 1.7 | 1.8 | 0.9 | 1.2 | -11.0% |
| Bangladesh | 0.7 | 1.8 | 2.9 | 0.9 | 8.7% |
| Taiwan (Chinese) | 0.1 | 0.7 | 1.7 | 0.9 | 108.0% |
| Others | 17.9 | 11.1 | 15.1 | 8.8 | -21.1% |
| Total | 105 | 70.2 | 98.4 | 67.1 | -13.9% |
Top Suppliers of Carpet to China in 2022:
- India (1856.9K square meters)
- Turkey (982.6K square meters)
- Egypt (443.7K square meters)
- Germany (326.3K square meters)
- Belgium (298.6K square meters)
- Japan (293.4K square meters)
- Vietnam (244.8K square meters)
- Bangladesh (164.4K square meters)
- Italy (155.0K square meters)
- Iran (141.5K square meters)
- Taiwan (Chinese) (133.1K square meters)
- Nepal (117.4K square meters)
- United States (115.9K square meters)
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:
- 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
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This report provides an in-depth analysis of the carpet market in China.
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This report provides an in-depth analysis of the global carpet market.
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This report provides an in-depth analysis of the carpet market in China.
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This report provides an in-depth analysis of the global carpet market.
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This article explores the top import markets for carpets based on data from the IndexBox market intelligence platform. The United States, United Kingdom, Germany, Canada, Japan, Australia, France, Netherlands, Saudi Arabia, and Poland are identified as the top import markets. Each market has unique preferences and characteristics, presenting significant opportunities for exporters. IndexBox provides accurate and up-to-date data on global import and export markets, enabling businesses to make informed decisions and identify new market opportunities.
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In value terms, carpets and other textile floor coverings of felt imports totaled $X in 2016. Overall, carpets and other textile floor coverings of felt imports continue to indicate a slight setbac...
986
In value terms, carpets and other textile floor coverings imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the ...
909
In value terms, carpets and other textile floor coverings of felt exports stood at $X in 2016. In general, carpets and other textile floor coverings of felt exports continue to indicate a temperate...
2815
In value terms, carpets and other textile floor coverings exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patte...
788
In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
833
In 2016, approx. X tons of knotted carpet were imported worldwide- dropping by -X% against the previous year figure. Overall, knotted carpet imports continue to indicate a abrupt downturn. The m...
7336
In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
849
In 2016, the amount of tufted carpet imported worldwide totaled X tons, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
708
In 2016, the global imports of woven carpet amounted to X tons, going up by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
