Report Update: Apr 1, 2024

Mexico - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Knotted Carpet Price in Mexico - 2023

Knotted Carpet Price in Mexico (CIF) - 2022

The average knotted carpet import price stood at $81 per square meter in 2022, with an increase of 28% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2015 an increase of 36%. The import price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.6% per year.

Knotted Carpet Price in Mexico (FOB) - 2022

In 2022, the average knotted carpet export price amounted to $44 per square meter, jumping by 29% against the previous year. In general, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 110%. The export price peaked at $77 per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.4% per year.

Knotted Carpet Imports in Mexico

In 2022, after two years of decline, there was significant growth in purchases abroad of knotted carpets and other knotted textile floor coverings, when their volume increased by 279% to 9.4K square meters. Overall, imports, however, saw a abrupt setback. Over the period under review, imports hit record highs at 17K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, knotted carpet imports surged to $763K in 2022. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Knotted Carpet in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	770	594	158	763	-0.3%
Belgium	20.3	N/A	N/A	N/A	0%
China	75.1	N/A	N/A	N/A	0%
United States	38.6	29.1	N/A	N/A	-24.6%
Italy	105	N/A	N/A	N/A	0%
Turkey	103	236	N/A	N/A	129.1%
Others	44.3	27.6	N/A	N/A	-37.7%
Total	1,157	886	158	763	-13.0%

Top Suppliers of Knotted Carpet to Mexico in 2022:

India (9.4K square meters)

Knotted Carpet Exports in Mexico

In 2022, overseas shipments of knotted carpets and other knotted textile floor coverings decreased by -57.3% to 1.7K square meters, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp contraction. The growth pace was the most rapid in 2020 with an increase of 52%. As a result, the exports reached the peak of 7.6K square meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, knotted carpet exports shrank dramatically to $77K in 2022. Over the period under review, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 5.9%. As a result, the exports attained the peak of $404K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Knotted Carpet in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	357	390	115	76.6	-40.1%
Others	25.1	14.4	23.4	N/A	-3.4%
Total	382	404	139	76.6	-41.5%

Top Export Markets for Knotted Carpet from Mexico in 2022:

United States (1.7K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knotted carpet market in Mexico. 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

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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