From 2013 to 2023, Canada saw fluctuating trends in the import of woven carpets and floor coverings, with 2023 standing at 150.08 million USD. Notably, there was an impressive leap in imports by 31.34% in 2017, but a significant dip of 14.39% in 2020. For the years 2022 and 2023, the year-on-year variation showed moderate growth of 3.42% and 3.24%, respectively. Over the past five years leading to 2023, the CAGR was 4.26%. Import values are forecasted to continue growing, reaching 174.68 million USD by 2028, maintaining a forecasted 5-year CAGR of 2.39%.
Future trends to watch for include potential supply chain disruptions, changes in trade policies, and evolving consumer preferences towards environmentally sustainable carpet options.
