Report Update Apr 1, 2024

Puerto Rico - Tufted Carpets and Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Tufted Carpet Market 2024

Tufted Carpet Market Size in Puerto Rico

In 2021, the Puerto Rican tufted carpet market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption continues to indicate moderate growth. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Tufted Carpet Production in Puerto Rico

In value terms, tufted carpet production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production posted a measured increase. The pace of growth appeared the most rapid in 2016 with an increase of 58% against the previous year. Puerto Rico production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Tufted Carpet Exports

Exports by Country

China (X square meters), Belgium (X square meters) and the Netherlands (X square meters) represented roughly 50% of total exports in 2021. India (X square meters) held the next position in the ranking, followed by Turkey (X square meters), Vietnam (X square meters) and Germany (X square meters). All these countries together took near 23% share of total exports. The United States (X square meters), Egypt (X square meters), the Czech Republic (X square meters), Poland (X square meters), France (X square meters) and the UK (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +41.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest tufted carpet supplying countries from Puerto Rico were China ($X), the Netherlands ($X) and Belgium ($X), with a combined 47% share of total exports. India, the United States, Germany, Turkey, Vietnam, Egypt, the UK, Poland, France and the Czech Republic lagged somewhat behind, together comprising a further 37%.

In terms of the main exporting countries, Vietnam, with a CAGR of +33.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Tufted Carpet Imports

Imports by Country

The countries with the highest levels of tufted carpet imports in 2021 were the United States (X square meters), the UK (X square meters) and Germany (X square meters), together amounting to 33% of total import. It was distantly followed by the Netherlands (X square meters), achieving a 4.7% share of total imports. Saudi Arabia (X square meters), Canada (X square meters), Spain (X square meters), Japan (X square meters), France (X square meters), Iraq (X square meters), Poland (X square meters), Belgium (X square meters) and the Czech Republic (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Iraq (with a CAGR of +23.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2021, together comprising 34% of total imports. Canada, the Netherlands, France, Japan, Spain, Saudi Arabia, Poland, the Czech Republic, Belgium and Iraq lagged somewhat behind, together accounting for a further 29%.

In terms of the main importing countries, Iraq, with a CAGR of +14.3%, 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.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tufted carpets and other tufted textile floor coverings in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and Turkey, together accounting for 40% of global consumption. These countries were followed by India, the UK, Indonesia, Japan, Germany, Mexico, the Netherlands, South Korea, Canada and Iran, which together accounted for a further 32%.

What are the largest producers of tufted carpets and other tufted textile floor coverings in the world?

The country with the largest volume of tufted carpet production was China, accounting for 27% of total volume. Moreover, tufted carpet production in China exceeded the figures recorded by the second-largest producer, Turkey, threefold. The third position in this ranking was taken by India, with a 10% share.

What are the leading suppliers of tufted carpets and other tufted textile floor coverings to Puerto Rico?

In value terms, the largest tufted carpet importing markets into Puerto Rico were the United States, the UK and Germany, together accounting for 34% of total imports. These countries were followed by Canada, the Netherlands, France, Japan, Spain, Saudi Arabia, Poland, the Czech Republic, Belgium and Iraq, which together accounted for a further 29%.

What are the leading importers of tufted carpets and other tufted textile floor coverings from Puerto Rico?

In value terms, China, the Netherlands and Belgium constituted the countries with the highest levels of exports in 2021, with a combined 47% share of total exports. India, the United States, Germany, Turkey, Vietnam, Egypt, the UK, Poland, France and the Czech Republic lagged somewhat behind, together accounting for a further 37%.

This report provides an in-depth analysis of the tufted carpet market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023