Global Woven Carpet Market 2025

Woven Carpet Market Size

After ten years of growth, the global woven carpet market decreased by -6.3% to $X in 2022. In general, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +55.8% against 2012 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Woven Carpet Production

In value terms, woven carpet production fell to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 63%. Over the period under review, global production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Woven Carpet Exports

Exports

After six years of growth, overseas shipments of woven carpets and other woven textile coverings decreased by -11.4% to X square meters in 2022. Over the period under review, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 13% against the previous year. Over the period under review, the global exports attained the maximum at X square meters in 2021, and then declined in the following year.

In value terms, woven carpet exports dropped to $X in 2022. The total export value increased at an average annual rate of +2.6% 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 22% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Turkey (X square meters) represented the key exporter of woven carpets and other woven textile coverings, creating 56% of total exports. China (X square meters) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by India (8%) and Iran (6.1%). Belgium (X square meters), Germany (X square meters) and Bangladesh (X square meters) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to woven carpet exports from Turkey stood at +5.4%. At the same time, Bangladesh (+24.5%), Iran (+6.7%), India (+2.9%) and Germany (+2.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.5% from 2012-2022. China experienced a relatively flat trend pattern. By contrast, Belgium (-4.6%) illustrated a downward trend over the same period. Turkey (+8.3 p.p.) significantly strengthened its position in terms of the global exports, while China and Belgium saw its share reduced by -4.5% and -5.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest woven carpet supplier worldwide, comprising 40% of global exports. The second position in the ranking was taken by India ($X), with a 12% share of global exports. It was followed by China, with a 9.5% share.

In Turkey, woven carpet exports expanded at an average annual rate of +3.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (+7.7% per year) and China (+2.6% per year).

Export Prices by Country

The average woven carpet export price stood at $X per square meter in 2022, shrinking by -2% against the previous year. Overall, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 8.2%. The global export price peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while Bangladesh ($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 India (+4.7%), while the other global leaders experienced more modest paces of growth.

Woven Carpet Imports

Imports

In 2022, after ten years of growth, there was significant decline in supplies from abroad of woven carpets and other woven textile coverings, when their volume decreased by -16.6% to X square meters. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +64.9% against 2012 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of X square meters, and then dropped sharply in the following year.

In value terms, woven carpet imports shrank to $X in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

The United States represented the key importer of woven carpets and other woven textile coverings in the world, with the volume of imports recording X square meters, which was approx. 34% of total imports in 2022. It was distantly followed by Germany (X square meters), creating a 6.3% share of total imports. The United Arab Emirates (X square meters), Iraq (X square meters), the UK (X square meters), France (X square meters), Japan (X square meters), Poland (X square meters), Libya (X square meters), Afghanistan (X square meters), Australia (X square meters), Russia (X square meters) and the Netherlands (X square meters) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +10.9% from 2012 to 2022. At the same time, Afghanistan (+19.0%), the United Arab Emirates (+6.1%), Germany (+5.8%), France (+4.9%), Poland (+3.9%), the UK (+3.2%), the Netherlands (+2.6%), Russia (+1.7%) and Australia (+1.1%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in the world, with a CAGR of +19.0% from 2012-2022. Libya and Japan experienced a relatively flat trend pattern. By contrast, Iraq (-1.2%) illustrated a downward trend over the same period. The United States (+14 p.p.) significantly strengthened its position in terms of the global imports, while Libya, Japan and Iraq saw its share reduced by -1.8%, -2% and -3.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported woven carpets and other woven textile coverings worldwide, comprising 33% of global imports. The second position in the ranking was held by Germany ($X), with a 7.2% share of global imports. It was followed by the UK, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +8.3%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+3.0% per year) and the UK (+2.5% per year).

Import Prices by Country

The average woven carpet import price stood at $X per square meter in 2022, increasing by 5.8% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. Global import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per square meter), while Iraq ($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 Australia (+2.5%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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