U.S.: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in the U.S.

The U.S. textile wall covering market rose sharply to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed resilient growth. Textile wall covering consumption peaked in 2022 and is expected to retain growth in the near future.

Textile Wall Covering Exports

Exports from the U.S.

In 2022, the amount of textile wall coverings exported from the United States soared to X square meters, rising by X% on the previous year's figure. Overall, exports, however, recorded a noticeable setback. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, textile wall covering exports skyrocketed to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X square meters) was the main destination for textile wall covering exports from the United States, accounting for a X% share of total exports. Moreover, textile wall covering exports to Canada exceeded the volume sent to the second major destination, Lithuania (X square meters), threefold. Ecuador (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Ecuador (X% per year).

In value terms, the largest markets for textile wall covering exported from the United States were Lithuania ($X), Canada ($X) and Hong Kong SAR ($X), together accounting for X% of total exports.

Lithuania, with a CAGR of X.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average textile wall covering export price stood at $X per square meter in 2022, rising by X% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, textile wall covering export price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per square meter), while the average price for exports to Ecuador ($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 Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wall Covering Imports

Imports into the U.S.

In 2022, the amount of textile wall coverings imported into the United States surged to X square meters, with an increase of X% compared with the previous year's figure. Over the period under review, imports posted a resilient increase. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, textile wall covering imports surged to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X square meters), the Czech Republic (X square meters) and the UK (X square meters) were the main suppliers of textile wall covering imports to the United States, with a combined X% share of total imports.

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

In value terms, the largest textile wall covering suppliers to the United States were the UK ($X), China ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands, Belgium, the Czech Republic, France, Canada, Denmark, India, Japan, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to 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 textile wall covering import price stood at $X per square meter in 2022, reducing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per square meter), while the price for Taiwan (Chinese) ($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 South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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