Report Update: Jan 1, 2025

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

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Knotted Carpet Prices in China

China Knotted Carpet Export Price in September 2022

In September 2022, the knotted carpet price stood at $9.5 per square meter (FOB, China), shrinking by -7.9% against the previous month. Over the period under review, the export price showed a slight reduction. The most prominent rate of growth was recorded in July 2022 an increase of 14% m-o-m. As a result, the export price reached the peak level of $12.0 per square meter. From August 2022 to September 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Japan ($20.3 per square meter), while the average price for exports to Vietnam ($1.9 per square meter) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

China Knotted Carpet Export Prices by Type

Average prices varied noticeably for the major types of exported product. In September 2022, the product with the highest price was carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up ($9.7 per square meter), while the average price for exports of carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up totaled $9.0 per square meter.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up (-0.0%).

China Knotted Carpet Exports

In September 2022, approximately 1M square meters of knotted carpets and other knotted textile floor coverings were exported from China; picking up by 62% on the month before. Over the period under review, exports enjoyed a strong expansion. The pace of growth was the most pronounced in March 2022 when exports increased by 116% m-o-m. Over the period under review, the exports attained the maximum at 1M square meters in June 2022; afterwards, it flattened through to September 2022.

In value terms, knotted carpet exports skyrocketed to $9.7M (IndexBox estimates) in September 2022. In general, exports recorded resilient growth. The growth pace was the most rapid in March 2022 when exports increased by 107% m-o-m. Over the period under review, the exports reached the maximum at 11M square meters in June 2022; however, from July 2022 to September 2022, the exports stood at a somewhat lower figure.

China Knotted Carpet Exports by Type

Carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up (830K square meters) was the largest type of knotted carpet exported from China, accounting for a 81% share of total exports. Moreover, carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up exceeded the volume of the second product type, carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up (191K square meters), fourfold.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up stood at +9.9%.

In value terms, carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up ($8M) remains the largest type of knotted carpet exported from China, comprising 82% of total exports. The second position in the ranking was held by carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up ($1.7M), with an 18% share of total exports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up stood at +9.9%.

China Knotted Carpet Exports by Country

Malaysia (359K square meters) was the main destination for knotted carpet exports from China, accounting for a 35% share of total exports. Moreover, knotted carpet exports to Malaysia exceeded the volume sent to the second major destination, Vietnam (137K square meters), threefold. Singapore (134K square meters) ranked third in terms of total exports with a 13% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume to Malaysia stood at +17.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (+9.8% per month) and Singapore (+41.2% per month).

In value terms, Malaysia ($3M) remains the key foreign market for knotted carpet exports from China, comprising 31% of total exports. The second position in the ranking was held by the United States ($1.3M), with a 13% share of total exports. It was followed by Singapore, with a 12% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to Malaysia totaled +17.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+11.2% per month) and Singapore (+28.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knotted 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

Country coverage:

China

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

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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
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024