Canada: Woven Carpet Market 2025

Woven Carpet Market Size in Canada

In 2022, the Canadian woven carpet market decreased by -12% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced in the following year.

Woven Carpet Exports

Exports from Canada

In 2022, overseas shipments of woven carpets and other woven textile coverings increased by 0.1% to X square meters, rising for the second year in a row after two years of decline. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports attained the maximum at X square meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, woven carpet exports amounted to $X in 2022. Over the period under review, exports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for woven carpet exports from Canada, accounting for a approx. 97% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for woven carpets and other woven textile coverings exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -3.6%.

Export Prices by Country

The average woven carpet export price stood at $X per square meter in 2022, rising by 13% against the previous year. Overall, the export price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.3% per year.

Woven Carpet Imports

Imports into Canada

In 2022, the amount of woven carpets and other woven textile coverings imported into Canada dropped to X square meters, with a decrease of -8.9% compared with 2021 figures. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Imports peaked at X square meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, woven carpet imports shrank to $X in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

Turkey (X square meters), India (X square meters) and Egypt (X square meters) were the main suppliers of woven carpet imports to Canada, together accounting for 73% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +17.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest woven carpet suppliers to Canada were Turkey ($X), India ($X) and China ($X), together accounting for 77% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +22.2%, 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.

Import Prices by Country

The average woven carpet import price stood at $X per square meter in 2022, with a decrease of -3.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 an increase of 25%. The import price peaked at $X per square meter in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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