The import of woven carpets and floor coverings to Saudi Arabia peaked in 2015, then experienced fluctuations. The imports declined in 2016 and 2018, later stabilizing around $240-$260 million from 2019 onwards. For 2023, the import value stood at $267.96 million, marking a 2.1% year-on-year increase. The CAGR over the last five years up to 2023 was 3.84%. Forecasting into the future, the CAGR from 2024 to 2028 is expected to be 1.61%, projecting a moderate growth rate of 8.29% in this period.

Future trends to watch for:

The impact of economic diversification efforts under Saudi Vision 2030, which may influence import patterns.
Shifts in consumer preferences towards sustainable and locally-produced floor coverings.
Potential trade policy changes and their impact on import tariffs and regulations.