Carpet market
Carpet market: discover the most recent data enhanced by an Ai-driven market intelligence tool. Info cover trade, production, companies, market size, imports, consumption, exports, and market prices. Here is a split by region, including China, the U.S., the U.K., the Middle East, Latin America, Africa, Russia, and EU. Market insights and outlook to 2030 are also featured in the reports.
Carpet - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | Russia |
| 3 | Germany |
| 4 | Turkey |
| 5 | China |
In value terms, the United States led the market, alone. The second position in the ranking was occupied by Russia. It was followed by Germany.
From 2019 to 2021, the average annual growth rate of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Russia (-2.7% per year) and Germany (+12.2% per year).
Carpet Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per square meter | ||||
| China | 9.7 | 3.7 | 3.9 | -36.9% |
| Czech Republic | 12 | 7.1 | 4.5 | -38.0% |
| Turkey | 46 | 16 | 6.2 | -63.5% |
| Belgium | 41 | 24 | 6.6 | -59.8% |
| Netherlands | 72 | 42 | 12 | -59.0% |
| United States | 27 | 32 | 27 | 0.4% |
| Egypt | 36 | 110 | 54 | 22.1% |
| Iran | 64 | 52 | 54 | -8.2% |
| India | 94 | 81 | 86 | -4.3% |
| Pakistan | 47 | 47 | 115 | 55.8% |
| Average | 48 | 36 | 30 | -21.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($115 per square meter), while China ($3.9 per square meter) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+55.8% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per square meter | ||||
| Germany | 72 | 84 | 81 | 6.0% |
| United Arab Emirates | 61 | 63 | 62 | 0.9% |
| United States | 54 | 54 | 45 | -8.3% |
| Italy | 57 | 26 | 42 | -14.7% |
| Netherlands | 24 | 45 | 24 | 0.7% |
| Canada | 15 | 15 | 17 | 5.9% |
| United Kingdom | 14 | 16 | 13 | -4.0% |
| Belgium | 38 | 13 | 11 | -45.4% |
| Oman | 11 | 11 | 11 | 0.9% |
| Malaysia | 11 | 11 | 11 | 0.7% |
| Singapore | 14 | 7.4 | 7.9 | -24.9% |
| Spain | 23 | 14 | 5.4 | -51.3% |
| Hungary | 40 | 22 | 4.6 | -66.0% |
| Average | 37 | 37 | 32 | -6.2% |
Prices varied noticeably by the country of destination; the country with the highest price was Germany ($81 per square meter), while Hungary ($4.6 per square meter) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Carpet - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| million USD | ||||
| United States | 336 | 293 | 354 | 2.7% |
| Germany | 68 | 59 | 66 | -1.6% |
| United Kingdom | 53 | 29 | 52 | -0.4% |
| United Arab Emirates | 32 | 28 | 30 | -3.3% |
| Canada | 23 | 24 | 27 | 7.3% |
In value terms, the United States ($354M) constitutes the largest market for imported knotted carpets and other textile floor coverings worldwide, comprising 40% of global imports. The second position in the ranking was occupied by Germany ($66M), with a 7.4% share of global imports. It was followed by the UK, with a 5.9% share.
In the United States, carpet imports increased at an average annual rate of +2.7% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Germany (-1.6% per year) and the UK (-0.4% per year).
Carpet - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| million USD | ||||
| India | 313 | 279 | 290 | -3.7% |
| Egypt | 184 | 153 | 174 | -2.6% |
| Pakistan | 62 | 50 | 73 | 8.7% |
| Iran | 80 | 53 | 66 | -8.8% |
| Turkey | 48 | 62 | 48 | 0.0% |
In value terms, India ($290M), Egypt ($174M) and Pakistan ($73M) were the countries with the highest levels of exports in 2021, with a combined 56% share of global exports. These countries were followed by Iran, Turkey, China, the United States, the Netherlands, the Czech Republic and Belgium, which together accounted for a further 20%.
The Czech Republic (+292.2% per year) saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Carpet - Market Forecast
Driven by rising demand for carpet worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Carpet - Top Companies
Mohawk Industries, Inc., SHAW INDUSTRIES, INC., Mohawk Carpet LLC, Aladdin Manufacturing Corporation, Beaulieu Group, LLC, Shaw Industries, Inc., HAYASHI TELEMPU CORPORATION, Engineered Floors, LLC, Interface, Inc., HEADLAM GROUP PLC, SUMINOE TEXTILE CO.,LTD., FACC Operations GmbH, Balta Industries NV, Tandus Centiva Inc., Maples Industries, Inc., The Dixie Group Inc, Interfaceflor, LLC, Safavieh Inc., GODFREY HIRST AUSTRALIA PTY LTD, Interface Americas, Inc.
Carpet - Product Coverage
- HS 5701 - Carpets and other textile floor coverings; knotted, whether or not made up
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