U.S. - Tufted Carpets And Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTufted Carpet Price in the United States - 2023
Contents:
- Tufted Carpet Price in the United States (CIF) - 2023
- Tufted Carpet Price in the United States (FOB) - 2022
- Tufted Carpet Imports in the United States
- Tufted Carpet Exports in the United States
Tufted Carpet Price in the United States (CIF) - 2023
The average tufted carpet import price stood at $9.9 per square meter in September 2023, which is down by -2.7% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 18% m-o-m. As a result, import price reached the peak level of $12.5 per square meter. From December 2022 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($15.1 per square meter), while the price for Turkey ($3.9 per square meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the prices for the other major suppliers experienced a decline.
Tufted Carpet Price in the United States (FOB) - 2022
The average tufted carpet export price stood at $12 per square meter in 2022, therefore, remained relatively stable against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 15% against the previous year. The export price peaked at $13 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($15 per square meter), while the average price for exports to Mexico ($7.6 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 the UK (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Tufted Carpet Imports in the United States
After three years of growth, purchases abroad of tufted carpets and other tufted textile floor coverings decreased by -12.1% to 114M square meters in 2022. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, imports reached the peak of 130M square meters, and then dropped in the following year.
In value terms, tufted carpet imports contracted to $926M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $1B, and then shrank in the following year.
| Import of Tufted Carpet in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 286 | 257 | 367 | 319 | 3.7% |
| China | 233 | 160 | 188 | 179 | -8.4% |
| Vietnam | 23.5 | 63.4 | 94.8 | 81.1 | 51.1% |
| Mexico | 60.7 | 58.0 | 59.9 | 54.4 | -3.6% |
| Egypt | 38.6 | 57.3 | 57.9 | 53.9 | 11.8% |
| Turkey | 20.1 | 34.4 | 63.9 | 52.6 | 37.8% |
| Canada | 52.6 | 44.9 | 49.6 | 46.6 | -4.0% |
| Netherlands | 36.5 | 22.0 | 41.0 | 34.7 | -1.7% |
| Others | 106 | 85.1 | 113 | 104 | -0.6% |
| Total | 857 | 783 | 1,035 | 926 | 2.6% |
Top Suppliers of Tufted Carpet to the United States in 2022:
- India (30.0M square meters)
- China (25.6M square meters)
- Egypt (15.5M square meters)
- Vietnam (13.3M square meters)
- Turkey (11.1M square meters)
- Canada (5.0M square meters)
- Netherlands (4.2M square meters)
- Mexico (4.0M square meters)
Tufted Carpet Exports in the United States
In 2022, approx. 45M square meters of tufted carpets and other tufted textile floor coverings were exported from the United States; with an increase of 6% compared with 2021 figures. In general, exports, however, continue to indicate a deep setback. The exports peaked at 54M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, tufted carpet exports rose markedly to $557M in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports reached the peak figure at $685M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tufted Carpet in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 463 | 388 | 387 | 382 | -6.2% |
| Mexico | 72.2 | 55.2 | 60.2 | 67.3 | -2.3% |
| Australia | 20.6 | 12.0 | 10.7 | 12.8 | -14.7% |
| United Kingdom | 10.0 | 6.5 | 5.6 | 10.1 | 0.3% |
| New Zealand | 11.0 | 9.5 | 10.2 | 9.9 | -3.5% |
| Others | 109 | 60.7 | 54.7 | 75.7 | -11.4% |
| Total | 685 | 532 | 528 | 557 | -6.7% |
Top Export Markets for Tufted Carpet from the United States in 2022:
- Canada (29.3M square meters)
- Mexico (8.8M square meters)
- Australia (1.0M square meters)
- United Kingdom (0.7M square meters)
- New Zealand (0.7M square meters)
This report provides an in-depth analysis of the tufted 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 13931300 - Tufted carpets and other tufted 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
- 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 tufted carpet market in the U.S..
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This report provides an in-depth analysis of the global tufted carpet market.
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This report provides an in-depth analysis of the tufted carpet market in the U.S..
966
This report provides an in-depth analysis of the global tufted carpet market.
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In terms of value, imports of Tufted Carpet reached $27M in June 2023.
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In terms of value, imports of Tufted Carpet reached $27M in June 2023.
