Report Update: May 1, 2024

U.S. - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Knotted Carpet Price in the United States - 2023

Knotted Carpet Price in the United States (CIF) - 2022

The average knotted carpet import price stood at $55 per square meter in 2022, surging by 4.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 9.8%. As a result, import price attained the peak level of $62 per square meter. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nepal ($218 per square meter), while the price for China ($28 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Knotted Carpet Price in the United States (FOB) - 2022

The average knotted carpet export price stood at $26 per square meter in 2022, waning by -5.7% against the previous year. Overall, the export price, however, recorded a slight expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 53% against the previous year. As a result, the export price attained the peak level of $46 per square meter. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($54 per square meter), while the average price for exports to Pakistan ($14 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 Australia (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Knotted Carpet Imports in the United States

In 2022, approx. 7.5M square meters of knotted carpets and other knotted textile floor coverings were imported into the United States; rising by 18% on 2021 figures. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, knotted carpet imports skyrocketed to $415M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Knotted Carpet in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	197	186	205	248	8.0%
Pakistan	43.8	30.9	45.0	58.0	9.8%
Nepal	33.6	25.7	33.9	49.1	13.5%
Turkey	20.1	14.7	21.5	30.3	14.7%
China	13.1	7.2	7.5	5.8	-23.8%
Spain	3.3	2.5	3.3	1.2	-28.6%
Others	24.6	14.3	19.5	22.9	-2.4%
Total	336	282	335	415	7.3%

Top Suppliers of Knotted Carpet to the United States in 2022:

India (5.1M square meters)
Pakistan (0.8M square meters)
Turkey (0.7M square meters)
Nepal (0.2M square meters)
China (0.2M square meters)
Spain (0.1M square meters)

Knotted Carpet Exports in the United States

In 2022, approx. 824K square meters of knotted carpets and other knotted textile floor coverings were exported from the United States; leveling off at the previous year's figure. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 4.3%. As a result, the exports reached the peak of 832K square meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, knotted carpet exports declined slightly to $22M in 2022. Overall, exports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 60%. As a result, the exports reached the peak of $38M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Knotted Carpet in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	8.0	8.7	11.4	11.9	14.2%
Turkey	1.6	0.8	1.6	2.0	7.7%
United Kingdom	1.8	1.1	1.5	0.9	-20.6%
Netherlands	N/A	0.1	0.1	0.7	164.6%
Germany	0.3	0.3	0.4	0.6	26.0%
Mexico	0.5	0.6	0.2	0.5	0.0%
Bahamas	0.1	0.1	0.2	0.4	58.7%
Pakistan	0.2	0.6	0.6	0.3	14.5%
Australia	0.3	0.2	0.2	0.3	0.0%
Switzerland	0.2	0.1	N/A	0.3	14.5%
South Korea	1.6	0.2	0.3	0.3	-42.8%
Cayman Islands	0.2	0.1	0.3	0.1	-20.6%
India	4.1	21.5	2.1	0.1	-71.0%
Others	5.2	3.9	3.9	3.1	-15.8%
Total	24.0	38.4	22.7	21.6	-3.5%

Top Export Markets for Knotted Carpet from the United States in 2022:

Canada (450.5K square meters)
Netherlands (43.0K square meters)
Turkey (37.6K square meters)
Mexico (35.9K square meters)
Germany (29.3K square meters)
Bahamas (23.4K square meters)
United Kingdom (22.1K square meters)
Pakistan (19.3K square meters)
Switzerland (14.4K square meters)
South Korea (12.5K square meters)
Australia (7.4K square meters)
India (6.6K square meters)
Cayman Islands (4.7K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knotted 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 13931100 - Knotted carpets and other knotted textile floor coverings

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
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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