Carpets and other textile floor coverings: of felt, (not tufted or flocked), in the piece, whether or not made up, having a maximum surface area exceeding 1 m2

In 2024, carpets and other textile floor coverings: of felt, (not tufted or flocked), in the piece, whether or not made up, having a maximum surface area exceeding 1 m2 trade exhibited modest growth, with global flows reaching $597,792,518 and a three-year compound annual growth rate of +0.6% (five-year: -0.7%). The all-time peak of $742,829,323 was recorded in 2014; the current level is 20% below that high-water mark.

Over the 30-year observation window (1995–2024), 72% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (+2.7% acceleration).

The World Trade Flows Characterization classifies carpets and other textile floor coverings: of felt, (not tufted or flocked), in the piece, whether or not made up, having a maximum surface area exceeding 1 m2 as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.111). The three largest exporters — Belgium ($124.7M), Netherlands ($118.1M), and Germany ($45.7M) — collectively dominate supply flows. The leading exporter has grown at +5.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.064). The three largest import markets are Germany ($108.8M), United States ($48.2M), and United Kingdom ($44.9M). The largest importing market sources from 56 different supplying countries.

Estimated substitution elasticity: -3.57. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Switzerland → Germany at $39.2M, representing 36.0% of the importer's total demand.

The volatility score for carpets and other textile floor coverings: of felt, (not tufted or flocked), in the piece, whether or not made up, having a maximum surface area exceeding 1 m2 is 1 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.