U.S. - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

U.S. - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Knotted Carpet Prices in the United States

U.S. Knotted Carpet Import Price in August 2022

In August 2022, the knotted carpet price amounted to $60 per square meter (CIF, US), surging by 13% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +4.3%. The pace of growth appeared the most rapid in May 2022 when the average import price increased by 31% month-to-month. As a result, import price reached the peak level of $63.1K per thousand square meters. From June 2022 to August 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Nepal ($210 per square meter), while the price for Thailand ($7.1 per square meter) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Knotted Carpet Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up ($70 per square meter), while the price for carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up totaled $39 per square meter.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up (+5.5%).

U.S. Knotted Carpet Imports

In August 2022, imports of knotted carpets and other knotted textile floor coverings into the United States fell significantly to 543K square meters, with a decrease of -22.9% against the previous month. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in July 2022 when imports increased by 34% m-o-m. Imports peaked at 814K square meters in April 2022; however, from May 2022 to August 2022, imports failed to regain momentum.

In value terms, knotted carpet imports contracted to $33M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +3.0% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 when imports increased by 25% month-to-month. Over the period under review, imports reached the maximum at 42M square meters in May 2022; however, from June 2022 to August 2022, imports stood at a somewhat lower figure.

U.S. Knotted Carpet Imports by Type

In August 2022, carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up (366K square meters) constituted the largest type of knotted carpet supplied to the United States, accounting for a 67% share of total imports. Moreover, carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up exceeded the figures recorded for the second-largest type, carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up (177K square meters), twofold.

From January 2022 to August 2022, the average monthly growth rate of the volume of import of carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up stood at -2.5%.

In value terms, carpets and other textile floor coverings; knotted, of wool or fine animal hair, whether or not made up ($26M) constituted the largest type of knotted carpet supplied to the United States, comprising 79% of total imports. The second position in the ranking was taken by carpets and other textile floor coverings; knotted, of textile materials (other than wool or fine animal hair), whether or not made up ($6.8M), with a 21% share of total imports.

U.S. Knotted Carpet Imports by Country

In August 2022, India (312K square meters) constituted the largest knotted carpet supplier to the United States, accounting for a 58% share of total imports. Moreover, knotted carpet imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (91K square meters), threefold. The third position in this ranking was held by Turkey (48K square meters), with an 8.9% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume from India stood at -3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Pakistan (+11.7% per month) and Turkey (-3.3% per month).

In value terms, India ($17M) constituted the largest supplier of knotted carpet to the United States, comprising 51% of total imports. The second position in the ranking was taken by Pakistan ($6.5M), with a 20% share of total imports. It was followed by Nepal, with a 13% share.

From January 2022 to August 2022, the average monthly growth rate of value from India was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Pakistan (+16.5% per month) and Nepal (+2.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knotted carpet market in the U.S.. 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:

  • United States

Data coverage:

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