Report Update: Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Tufted Carpet Prices in China

China Tufted Carpet Export Price in September 2022

In September 2022, the tufted carpet price stood at $13.6 per square meter (FOB, China), picking up by 28% against the previous month. In general, export price indicated slight growth from January 2022 to September 2022: its price increased at an average monthly rate of +1.6% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, tufted carpet export price increased by +27.8% against August 2022 indices. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 98% against the previous month. As a result, the export price reached the peak level of $15.5 per square meter. From May 2022 to September 2022, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Australia ($52.9 per square meter), while the average price for exports to Mongolia ($3.1 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 Australia (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

China Tufted Carpet Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was carpets and other textile floor coverings; tufted, of wool or fine animal hair, whether or not made up ($67.6 per square meter), while the average price for exports of carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up stood at $5.6 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; tufted, of wool or fine animal hair, whether or not made up (+13.4%), while the prices for the other product experienced more modest paces of growth.

China Tufted Carpet Exports

Tufted carpet exports from China reduced to 554K square meters in September 2022, dropping by -5.2% against the previous month's figure. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in March 2022 when exports increased by 95% month-to-month. As a result, the exports reached the peak of 950K square meters. From April 2022 to September 2022, the growth of the exports failed to regain momentum.

In value terms, tufted carpet exports skyrocketed to $7.6M (IndexBox estimates) in September 2022. Over the period under review, exports saw a pronounced downturn. The most prominent rate of growth was recorded in April 2022 when exports increased by 21% m-o-m. The exports peaked at 9.5M square meters in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.

China Tufted Carpet Exports by Type

Carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up (483K square meters) was the largest type of tufted carpet exported from China, with a 87% share of total exports. Moreover, carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up exceeded the volume of the second product type, carpets and other textile floor coverings; tufted, of wool or fine animal hair, whether or not made up (71K square meters), sevenfold.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of carpets and other textile floor coverings; tufted, of textile materials (other than man-made, wool or fine animal hair), whether or not made up totaled -1.2%.

In value terms, carpets and other textile floor coverings; tufted, of wool or fine animal hair, whether or not made up ($4.8M) 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 ($2.7M) were the most exported types of tufted carpets and other tufted textile floor coverings from China worldwide.

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 -1.6%, recorded the highest growth rate of the value of exports, among the main product categories over the period under review.

China Tufted Carpet Exports by Country

Peru (123K square meters), the United States (99K square meters) and Chile (95K square meters) were the main destinations of tufted carpet exports from China, together accounting for 57% of total exports. These countries were followed by Thailand, France, the United Arab Emirates, Malaysia, Japan, Mongolia, Spain, Australia, South Africa and the Philippines, which together accounted for a further 35%.

From January 2022 to September 2022, the biggest increases were in Thailand (with a CAGR of +46.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($1.7M) remains the key foreign market for tufted carpet exports from China, comprising 22% of total exports. The second position in the ranking was held by Peru ($511K), with a 6.8% share of total exports. It was followed by Thailand, with a 6.8% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to the United States totaled -2.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Peru (+25.7% per month) and Thailand (+12.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tufted 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 13931300 - Tufted carpets and other tufted 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

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.

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 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
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