Report China - Carpets and Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 22, 2023

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

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China: Carpet Market 2023

Carpet Market Size in China

In 2022, the Chinese carpet market decreased by -0.4% to $X, falling for the second consecutive year after four years of growth. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Carpet Production in China

In value terms, carpet production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. Carpet production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Carpet Exports

Exports from China

In 2022, overseas shipments of carpets and other textile floor coverings increased by 3.1% to X square meters, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when exports increased by 20% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, carpet exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $X, and then contracted slightly in the following year.

Exports by Country

The United States (X square meters), Japan (X square meters) and Malaysia (X square meters) were the main destinations of carpet exports from China, with a combined 28% share of total exports. Saudi Arabia, Vietnam, Chile, the UK, Spain, Australia, the United Arab Emirates, France, Germany and South Korea lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +17.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carpet exported from China were the United States ($X), Japan ($X) and Malaysia ($X), together accounting for 32% of total exports. Vietnam, Australia, the UK, Germany, Saudi Arabia, Spain, the United Arab Emirates, France, South Korea and Chile lagged somewhat behind, together comprising a further 34%.

Spain, with a CAGR of +14.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average carpet export price amounted to $X per square meter, rising by 6.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 an increase of 30% against the previous year. Over the period under review, the average export prices attained the maximum at $X per square meter in 2015; however, from 2016 to 2021, 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 Australia ($X per square meter), while the average price for exports to Chile ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports

Imports into China

In 2022, the amount of carpets and other textile floor coverings imported into China shrank rapidly to X square meters, which is down by -44.7% compared with 2021. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when imports increased by 23%. Imports peaked at X square meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, carpet imports dropped rapidly to $X in 2022. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X square meters), Japan (X square meters) and India (X square meters) were the main suppliers of carpet imports to China, with a combined 49% share of total imports. Egypt, Iran, Bangladesh, the United States, Belgium, the Netherlands, Germany and South Korea lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Iran (with a CAGR of +26.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Turkey ($X) and Japan ($X) constituted the largest carpet suppliers to China, together comprising 45% of total imports. Germany, Egypt, Belgium, the United States, Bangladesh, Iran, the Netherlands and South Korea lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, Bangladesh, with a CAGR of +17.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average carpet import price amounted to $X per square meter, falling by -3.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24%. As a result, import price attained the peak level of $X per square meter. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Iran ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for carpets and other textile floor coverings in the world?
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The countries with the highest volumes of consumption in 2022 were China, the United States and India, with a combined 37% share of global consumption. Turkey, Egypt, the UK, Indonesia, Japan, Germany, Mexico and South Korea lagged somewhat behind, together comprising a further 29%.
What are the largest producers of carpets and other textile floor coverings in the world?
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The countries with the highest volumes of production in 2022 were China, Turkey and India, together comprising 51% of global production. Egypt, the United States, Belgium, the Netherlands, Indonesia, Iran, Japan and the UK lagged somewhat behind, together comprising a further 28%.
What are the leading suppliers of carpets and other textile floor coverings to China?
+
In value terms, India, Turkey and Japan appeared to be the largest carpet suppliers to China, with a combined 45% share of total imports. Germany, Egypt, Belgium, the United States, Bangladesh, Iran, the Netherlands and South Korea lagged somewhat behind, together accounting for a further 33%.
What are the leading importers of carpets and other textile floor coverings from China?
+
In value terms, the largest markets for carpet exported from China were the United States, Japan and Malaysia, with a combined 32% share of total exports. Vietnam, Australia, the UK, Germany, Saudi Arabia, Spain, the United Arab Emirates, France, South Korea and Chile lagged somewhat behind, together comprising a further 34%.
What is the average export price for carpets and other textile floor coverings in China?
+
The average carpet export price stood at $9.1 per square meter in 2021, picking up by 6.8% against the previous year.
What is the average import price for carpets and other textile floor coverings in China?
+
The average carpet import price stood at $10 per square meter in 2021, shrinking by -3.4% against the previous year.

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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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