Free Trail
Blog Search

Explore USA Carpet Imports: The Ultimate guide to Understanding the Market

carpet import data

Carpets are essential for providing our homes with warmth and elegance. It is becoming increasingly important to comprehend the characteristics of the carpet import market as the desire for distinctive and superior carpets in the US rises. Based on USA carpet import data, the US imported over $3.93 billion worth of carpets from all over the world in 2022. We'll go deep into the USA carpet import market in this comprehensive guide, highlighting a list of importers in the  USA that can help both customers and companies navigate this dynamic market.

Why is carpet so popular in the US?

Carpet is a popular flooring option in the United States due to its multiple advantages, which include comfort, soundproofing, safety, beauty, affordability, versatility, and longevity. Carpets provide a soft and warm walking surface, absorb sound, minimize the danger of slips and falls, match a wide range of home decor, are reasonably priced, can be used in various spaces, and can endure for many years with proper care. Carpets also have cultural significance in the United States, representing comfort, warmth, elegance, and traditional American ideals.

Carpet Industry Market Overview: A Brief Overview

As we know, carpets and rugs are used for their visual appeal as well as utilitarian features such as slip prevention and thermal insulation on the floor. Carpets and rugs provide a protective layer on floors in addition to covering them and boosting the overall appearance of a home or workplace design. 

The global carpets and rugs market was worth USD 11454.41 million in 2022 and is predicted to grow at a CAGR of 3.89% through 2028, reaching USD 14405.89 million based on global trade data. Rugs and carpets are decorative textiles that are typically composed of a thick substance and are now commonly used as floor coverings.

Hand-knotted, tufted, woven, and needle-punched carpets are important market segments. China and India are key producers and exporters in the Asia Pacific carpet business. Markets in North America and Europe are also prominent. Technological developments and expanding consumer demands for comfort and aesthetics will drive market expansion in the coming years.

Which country buys the most carpets?

According to carpet importer data, the United States is the world's top importer of carpets, accounting for over $3.93 billion worth of imports in 2022. To meet the needs of its diversified consumer base, the United States imports a wide range of rug styles, materials, and price points.

Several causes contribute to this large volume, including:

  • Large Consumer Base: The United States has a large population with various tastes and preferences, which drives demand for a variety of carpet styles and designs.
  • Economic Power: The United States has one of the world's greatest economies, allowing people with discretionary income to invest in home décor, including carpets.
  • Cultural Preferences: Carpets are strongly ingrained in American society and are frequently viewed as emblems of comfort, warmth, and elegance.
  • Retail Presence: The United States has a well-developed retail sector, both physical and online, giving consumers easy access to a wide variety of carpets.
  • Trends in Interior Design: The United States is at the forefront of interior design trends, frequently influencing global carpet styles and preferences.

Types of Carpets Imported into the US

Based on carpet importers in usa, the United States imports a wide range of carpets, including:

  • Hand-knotted Carpets
  • Carpets with tufts
  • Carpets that are woven
  • Carpets with needle-punching

Hand-knotted carpets are the most expensive and are typically made of wool or silk. Tufted carpets are the most common style of carpet in the United States, and they are manufactured by inserting yarn tufts into a backing. Woven carpets are created through interlacing yarns. Needle-punched carpets are created by punching fibres into a backing using a needle.

What is the import duty on carpets in the US?

The import tariff on carpets in the United States varies according to the country of origin and the type of carpet. The general rate, however, is 4.5%. The following table shows the import tariffs for carpets from several countries:

Country of Origin Import Duty
China 4.50%
India 4.50%
Turkey 4.50%
Belgium 4.50%
Egypt 4.50%

 

To determine the specific import tariff on a certain carpet, visit the Harmonized Tariff Schedule (HTS). The Harmonized Tariff Schedule (HTS) is a code system that categorises all imported commodities. Carpets have the HTS code 5701. However, if you need the updated HSN codes for carpets and accurate USA carpet buyers, you must visit Seair Exim Solutions today. Our export import data bank will provide you with updated market information.

Top 10 Import Countries of Carpets

Here are the top 10 import countries of carpets in 2021, according to the USA Carpet Importers Data: 

  • United States of America: $3.77 billion
  • China: $1.3 billion
  • India: $367 million
  • Turkey: $245 million
  • Belgium: $220 million
  • Egypt: $183 million
  • Germany: $118 million
  • Netherlands: $61.4 million
  • United Kingdom: $49.7 million
  • United Arab Emirates: $47.4 million

With a 17% market share, the United States is the world's top carpet importer. Germany, the United Kingdom, Japan, and Canada are other significant carpet importers.

With a 30% market share, China is the world's largest carpet exporter. With an 8% market share, India is the world's second-largest exporter. As per carpet import data, Turkey, Belgium, and Egypt are all big carpet exporters.

From 2022 to 2030, the global carpet market is estimated to increase at a 3.5% CAGR. This growth will be driven by increased carpet demand in developing countries and rising disposable income in industrialised countries.

Also ReadCoffee Bean Importer: A Comprehensive Guide for Importer and the Industry

India Exports Handmade Carpets to the USA

Based on India export data, India exports carpets to over 70 nations worldwide. The United States, Germany, the United Kingdom, Australia, the United Arab Emirates, France, Sweden, the Netherlands, and Italy are among the top importers from India. The United States is India's largest buyer of carpets and floor coverings, accounting for 57% of India's exports. 

Between April 2021 and March 2022, India shipped US$ 1281.29 million in handmade carpets and other floor coverings to the United States, up from US$ 1063.37 million the previous year, according to USA carpet importer data. Germany and the United Kingdom are among the top three importers, with handmade carpet imports from India valued at US$116.64 million and US$ 110.31 million, respectively, in 2021-22.

However, the United States is one of India's historic export destinations for handcrafted carpets and floor coverings. Exports to the United States exceeded $1 billion for the first time in 2020-21, but there is still significant room for growth as per Export Import data.

How to Find Carpet Buyers in the USA?

Simply visit Seair Exim Solutions' data-driven dashboard to see the most current carpet buyers in the USA. Seair Exim Solutions is a company that provides US Imports Data and accurate, up-to-date, and authentic worldwide trade information for over 100 nations.

In conclusion, the carpet import market in the United States is a complicated and dynamic business with a diverse range of providers and goods. Businesses may make informed judgements regarding their sourcing strategies by studying market trends and determinants. Please contact Seair Exim Solutions if you have any queries about the list of importers in USA, HSN codes, or carpet importers in USA. Our professionals will advise you to the best of their abilities. So, don’t wait for a long time; get a free live demo today!

  • Seair Exim
  • 06-Dec-2023

Leave a Comment

Blog Search
Latest Post

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2024 www.seair.co.in. All Rights Reserved.