China: Tufted Carpet Market 2025

Tufted Carpet Market Size in China

The Chinese tufted carpet market expanded modestly to $X in 2022, increasing by 3.1% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Tufted carpet consumption peaked in 2022 and is expected to retain growth in the near future.

Tufted Carpet Production in China

In value terms, tufted carpet production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Tufted Carpet Exports

Exports from China

In 2022, approx. X square meters of tufted carpets and other tufted textile floor coverings were exported from China; with a decrease of -9.5% on the previous year. Over the period under review, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 54% against the previous year. As a result, the exports reached the peak of X square meters. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tufted carpet exports fell to $X in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Malaysia (X square meters) was the main destination for tufted carpet exports from China, accounting for a 97% share of total exports. It was followed by the United States (X square meters), with a 0.7% share of total exports. The third position in this ranking was held by Japan (X square meters), with a 0.2% share.

From 2012 to 2022, the average annual growth rate of volume to Malaysia stood at +43.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-25.0% per year) and Japan (-34.9% per year).

In value terms, Malaysia ($X) emerged as the key foreign market for tufted carpets and other tufted textile floor coverings exports from China, comprising 82% of total exports. The second position in the ranking was held by the United States ($X), with a 1.6% share of total exports. It was followed by Australia, with a 0.3% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia amounted to +44.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-18.1% per year) and Australia (-22.2% per year).

Export Prices by Country

The average tufted carpet export price stood at $X per square meter in 2022, increasing by 4.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Malaysia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tufted Carpet Imports

Imports into China

In 2022, approx. X square meters of tufted carpets and other tufted textile floor coverings were imported into China; reducing by -90.7% compared with 2021 figures. Over the period under review, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, tufted carpet imports fell rapidly to $X in 2022. In general, imports faced a deep slump. The growth pace was the most rapid in 2018 with an increase of 8% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X square meters) constituted the largest tufted carpet supplier to China, with a 61% share of total imports. Moreover, tufted carpet imports from India exceeded the figures recorded by the second-largest supplier, Iran (X square meters), fivefold. The third position in this ranking was taken by Nepal (X square meters), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+15.8% per year) and Nepal (+12.2% per year).

In value terms, India ($X), Denmark ($X) and Italy ($X) were the largest tufted carpet suppliers to China, together accounting for 53% of total imports. Thailand, Portugal, Nepal, Germany, the United States, Iran, Japan, Belgium and South Korea lagged somewhat behind, together accounting for a further 31%.

Nepal, with a CAGR of +19.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tufted carpet import price amounted to $X per square meter, rising by 335% against the previous year. Overall, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Thailand ($X per square meter), while the price for Iran ($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 Germany (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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