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United Kingdom - Woven Carpets And Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

United Kingdom - Woven Carpets And Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Aug 11, 2023

Price of Woven Carpets in UK Plummet to $7.9 per Sqm

United Kingdom Woven Carpet Import Price in March 2023

In March 2023, the woven carpet price amounted to $7.9 per square meter (CIF, United Kingdom), declining by -62.9% against the previous month. Over the period under review, the import price showed a pronounced downturn. The pace of growth appeared the most rapid in February 2023 an increase of 156% against the previous month. As a result, import price attained the peak level of $21,297 per thousand square meters, and then declined dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Poland ($28.3 per square meter), while the price for Pakistan ($3.8 per square meter) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Egypt (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

United Kingdom Woven Carpet Import Prices By Country (USD Per Square Meter)

United Kingdom Woven Carpet Imports

In March 2023, woven carpet imports into the UK surged to 2.4M square meters, with an increase of 177% on the month before. Over the period under review, imports enjoyed a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, woven carpet imports rose to $19M (IndexBox estimates) in March 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 with an increase of 36% month-to-month. Over the period under review, imports reached the maximum at 21M square meters in March 2022; however, from April 2022 to March 2023, imports failed to regain momentum.

United Kingdom Woven Carpet Imports by Type

Carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 (804K square meters), carpets and other textile floor coverings; woven, (not tufted or flocked), whether or not made up, of coconut fibres (coir) (503K square meters) and carpets and other textile floor coverings; woven, (not tufted or flocked), of wool or fine animal hair, of pile construction, not made up, n.e.s. in item no. 5702.10 or 5702.20 (428K square meters) were the main products of woven carpet imports to the UK, together comprising 73% of total imports.

From March 2022 to March 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by carpets and other textile floor coverings; woven, (not tufted or flocked), whether or not made up, of coconut fibres (coir) (with a CAGR of +12.5%), while imports for the other products experienced more modest paces of growth.

In value terms, carpets and other textile floor coverings; woven, (not tufted or flocked), of man-made textile materials, of pile construction, made up, n.e.s. in item no. 5702.10 or 5702.20 ($6.7M), carpets and other textile floor coverings; woven, (not tufted or flocked), of wool or fine animal hair, of pile construction, not made up, n.e.s. in item no. 5702.10 or 5702.20 ($3.4M) and carpets and other textile floor coverings; woven, (not tufted or flocked), not of pile construction, not made up, n.e.c. in item no. 5702.10 or 5702.20 ($1.5M) appeared to be the most imported types of woven carpets and other woven textile coverings in the UK, with a combined 62% share of total imports.

United Kingdom Woven Carpet Imports by Country

India (695K square meters), Turkey (648K square meters) and Belgium (415K square meters) were the main suppliers of woven carpet imports to the UK, with a combined 74% share of total imports.

From March 2022 to March 2023, the biggest increases were in Turkey (with a CAGR of +14.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($5.2M), India ($4.4M) and Belgium ($2M) appeared to be the largest woven carpet suppliers to the UK, together accounting for 62% of total imports. Poland, Egypt, China and Pakistan lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, Poland, with a CAGR of +4.7%, 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woven carpet market in the UK. 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 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)

Country coverage:

  • United Kingdom

Data coverage:

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

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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