U.S.: Carpet And Rug Market 2025

Carpet And Rug Market Size in the U.S.

After two years of growth, the U.S. carpet and rug market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Carpet And Rug Production in the U.S.

In value terms, carpet and rug production stood at $X in 2022. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Carpet And Rug Exports

Exports from the U.S.

In 2022, exports of carpets and rugs from the United States fell to X square meters, waning by X% on 2021. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, carpet and rug exports amounted to $X in 2022. Over the period under review, exports recorded a perceptible reduction. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X square meters) was the main destination for carpet and rug exports from the United States, accounting for a X% share of total exports. Moreover, carpet and rug exports to Canada exceeded the volume sent to the second major destination, Mexico (X square meters), threefold. The third position in this ranking was taken by the UK (X square meters), with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the UK (X% per year).

In value terms, Canada ($X) remains the key foreign market for carpets and rugs exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average carpet and rug export price amounted to $X per square meter, rising by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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 Australia ($X per square meter), while the average price for exports to Mexico ($X per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet And Rug Imports

Imports into the U.S.

In 2022, overseas purchases of carpets and rugs decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X square meters, and then fell dramatically in the following year.

In value terms, carpet and rug imports declined to $X in 2022. In general, total imports indicated a resilient expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Turkey (X square meters), India (X square meters) and China (X square meters) were the main suppliers of carpet and rug imports to the United States, together comprising X% of total imports. Egypt, Vietnam, Mexico, Belgium and Canada lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Turkey ($X) and China ($X) appeared to be the largest carpet and rug suppliers to the United States, together comprising X% of total imports. Egypt, Vietnam, Mexico, Belgium and Canada lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, 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

In 2022, the average carpet and rug import price amounted to $X per square meter, increasing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. Over the period under review, average import prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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