India - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Carpet Price in India - 2023

Contents:

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

Carpet Price in India (FOB) - 2022

The average carpet export price stood at $13 per square meter in 2022, surging by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 an increase of 12% against the previous year. The export price peaked at $14 per square meter in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($18 per square meter), while the average price for exports to Brazil ($7.1 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 Poland (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Price in India (CIF) - 2022

The average carpet import price stood at $5.6 per square meter in 2022, dropping by -7.3% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 7.4% against the previous year. The import price peaked at $9.4 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($18 per square meter), while the price for Nepal ($2.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Carpet Exports in India

In 2022, shipments abroad of carpets and other textile floor coverings decreased by -20.7% to 125M square meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports reached the peak of 157M square meters, and then fell dramatically in the following year.

In value terms, carpet exports contracted to $1.6B in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports attained the peak of $1.8B, and then declined in the following year.

Export of Carpet in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7818311,0849687.4%
Germany96.589.410586.7-3.5%
United Kingdom78.870.195.372.9-2.6%
Australia55.064.672.967.67.1%
United Arab Emirates27.622.836.637.610.9%
Netherlands26.231.440.237.112.3%
Italy27.022.432.833.17.0%
Canada23.422.133.630.79.5%
Sweden25.723.142.530.15.4%
France24.325.836.828.35.2%
Spain15.416.125.122.112.8%
Poland7.99.014.014.321.9%
Others217174228189-4.5%
Total1,4051,4021,8471,6184.8%

Top Export Markets for Carpet from India in 2022:

  1. United States (66.8M square meters)
  2. Germany (8.4M square meters)
  3. United Kingdom (6.2M square meters)
  4. Australia (5.4M square meters)
  5. Italy (3.2M square meters)
  6. Netherlands (3.2M square meters)
  7. Canada (2.7M square meters)
  8. France (2.5M square meters)
  9. Sweden (2.2M square meters)
  10. Spain (2.2M square meters)
  11. United Arab Emirates (2.1M square meters)
  12. Poland (2.0M square meters)

Carpet Imports in India

In 2022, approx. 23M square meters of carpets and other textile floor coverings were imported into India; rising by 45% against 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carpet imports surged to $126M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $127M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Carpet in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam12.413.927.631.436.3%
China33.216.816.020.2-15.3%
Thailand26.318.312.215.5-16.2%
United Arab Emirates3.32.73.212.355.0%
Turkey7.45.27.712.218.1%
United States10.26.34.96.3-14.8%
Belgium4.72.13.54.4-2.2%
Indonesia3.92.52.83.4-4.5%
Netherlands2.62.72.92.60.0%
Nepal0.71.01.82.654.9%
Malaysia1.50.81.32.315.3%
Others20.711.210.012.5-15.5%
Total12783.494.0126-0.3%

Top Suppliers of Carpet to India in 2022:

  1. Vietnam (10.3M square meters)
  2. China (3.5M square meters)
  3. Turkey (1.8M square meters)
  4. Thailand (1.3M square meters)
  5. Nepal (1.0M square meters)
  6. Indonesia (0.9M square meters)
  7. United Arab Emirates (0.7M square meters)
  8. Netherlands (0.5M square meters)
  9. Malaysia (0.5M square meters)
  10. United States (0.4M square meters)
  11. Belgium (0.3M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carpet market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  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

    This Chapter is Available Only for the Professional Edition PRO
    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

    This Chapter is Available Only for the Professional Edition PRO
    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

    This Chapter is Available Only for the Professional Edition PRO
    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 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
India's Carpet Exports Soar to $126M in October 2023
Feb 8, 2024
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Carpet exports reached their highest point in October 2023, with a notable expansion in value to $126M.

Top Import Markets for Carpet
Oct 24, 2023
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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 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 ...

Which Country Exports the Most Carpets and Other Textile Floor Coverings of Felt in the World?
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Which Country Imports the Most Tufted Carpets in the World?
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Which Country Imports the Most Woven Carpets in the World?
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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>

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Free Data: Carpets And Other Textile Floor Coverings - India