Northern America: Woven Carpet Market 2025

Woven Carpet Market Size in Northern America

In 2022, the North American woven carpet market decreased by -16.1% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption, however, posted a strong expansion. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

Woven Carpet Production in Northern America

In value terms, woven carpet production reached $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 133%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Woven Carpet Exports

Exports in Northern America

In 2022, the amount of woven carpets and other woven textile coverings exported in Northern America contracted markedly to X square meters, which is down by -18.2% against the previous year. The total export volume increased at an average annual rate of +3.4% 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 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of X square meters, and then declined remarkably in the following year.

In value terms, woven carpet exports declined to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

The United States was the largest exporter of woven carpets and other woven textile coverings in Northern America, with the volume of exports reaching X square meters, which was near 89% of total exports in 2022. It was distantly followed by Canada (X square meters), comprising an 11% share of total exports.

The United States was also the fastest-growing in terms of the woven carpets and other woven textile coverings exports, with a CAGR of +3.7% from 2012 to 2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States increased by +3.2 percentage points.

In value terms, the United States ($X) remains the largest woven carpet supplier in Northern America, comprising 91% of total exports. The second position in the ranking was held by Canada ($X), with an 8.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +5.3%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per square meter, surging by 8.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 14%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while Canada stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%).

Woven Carpet Imports

Imports in Northern America

In 2022, after seven years of growth, there was significant decline in overseas purchases of woven carpets and other woven textile coverings, when their volume decreased by -22.8% to X square meters. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of X square meters, and then contracted significantly in the following year.

In value terms, woven carpet imports declined to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The United States dominates imports structure, finishing at X square meters, which was approx. 96% of total imports in 2022. Canada (X square meters) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the woven carpets and other woven textile coverings imports, with a CAGR of +10.9% from 2012 to 2022. At the same time, Canada (+5.5%) displayed positive paces of growth. From 2012 to 2022, the share of the United States increased by +2.5 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported woven carpets and other woven textile coverings in Northern America, comprising 92% of total imports. The second position in the ranking was held by Canada ($X), with an 8.2% share of total imports.

In the United States, woven carpet imports increased at an average annual rate of +8.3% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per square meter in 2022, increasing by 11% against the previous year. Overall, the import price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2014 an increase of 18%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per square meter), while the United States amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.3%).

Source: IndexBox Platform

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