Canada - Tufted Carpets And Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCanada's Import of Tufted Carpet Significantly Declines to $435 Million in 2024
Canada Tufted Carpet Imports
Tufted carpet imports into Canada shrank to 32M square meters in 2024, with a decrease of -11.5% against 2023. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Imports peaked at 57M square meters in 2014; however, from 2015 to 2024, imports failed to regain momentum.
In value terms, tufted carpet imports reduced to $416M (IndexBox estimates) in 2024. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.3%. Over the period under review, imports reached the peak figure at $653M in 2014; however, from 2015 to 2024, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Tufted Carpet in Canada (million USD) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 546 | 504 | 470 | 470 | 449 | 416 | 343 | 338 | 342 | 326 |
| China | 48.3 | 39.6 | 40.4 | 48.0 | 54.3 | 44.4 | 36.4 | 45.0 | 41.2 | 35.8 |
| India | 18.1 | 16.3 | 17.5 | 17.7 | 17.7 | 19.4 | 19.5 | 30.3 | 27.8 | 23.0 |
| Turkey | 4.4 | 4.9 | 6.8 | 8.4 | 9.7 | 12.6 | 14.2 | 24.9 | 19.5 | 13.5 |
| Netherlands | 2.4 | 2.3 | 2.5 | 3.1 | 3.2 | 3.3 | 4.7 | 4.8 | 5.8 | 7.2 |
| Mexico | 13.5 | 15.1 | 16.8 | 14.2 | 17.1 | 11.5 | 5.5 | 3.7 | 6.2 | 5.3 |
| Others | 20.8 | 17.7 | 19.9 | 18.4 | 22.9 | 23.2 | 19.7 | 28.5 | 28.3 | 24.4 |
| Total | 653 | 600 | 574 | 580 | 574 | 530 | 443 | 475 | 471 | 435 |
Imports by Country
In 2023, the United States (24M square meters) constituted the largest supplier of tufted carpet to Canada, with a 64% share of total imports. Moreover, tufted carpet imports from the United States exceeded the figures recorded by the second-largest supplier, China (5.6M square meters), fourfold. The third position in this ranking was held by India (1.8M square meters), with a 5% share.
From 2014 to 2023, the average annual rate of growth in terms of volume from the United States totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.3% per year) and India (+4.3% per year).
In value terms, the United States ($326M) constituted the largest supplier of tufted carpets and other tufted textile floor coverings to Canada, comprising 75% of total imports. The second position in the ranking was held by China ($36M), with an 8.2% share of total imports. It was followed by India, with a 5.3% share.
From 2014 to 2023, the average annual growth rate of value from the United States stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.3% per year) and India (+2.7% per year).
Imports by Type
Carpets and other textile floor coverings; tufted, of man-made textile materials (other than polyamides), whether or not made up (20M square meters), carpets and other textile floor coverings; tufted, of nylon or other polyamides, whether or not made up (11M square meters) and carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up (1.3M square meters) were the main products of tufted carpet imports to Canada, with a combined 99% share of total imports.
From 2014 to 2024, the biggest increases were recorded for carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up (with a CAGR of +4.7%), while purchases for the other products experienced a decline.
In value terms, carpets and other textile floor coverings; tufted, of nylon or other polyamides, whether or not made up ($202M), carpets and other textile floor coverings; tufted, of man-made textile materials (other than polyamides), whether or not made up ($178M) and carpets and other textile floor coverings; tufted, of wool or fine animal hair, whether or not made up ($22M) constituted the most imported types of tufted carpets and other tufted textile floor coverings in Canada, together accounting for 97% of total imports. These products were followed by carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up, which accounted for a further 3.2%.
Import Prices by Country
In 2023, the tufted carpet price stood at $12 per square meter (CIF, Canada), falling by -1.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 5.9%. As a result, import price attained the peak level of $12 per square meter. From 2020 to 2023, the average 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 States ($14 per square meter), while the price for Vietnam ($3.2 per square meter) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the tufted carpet market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
