In 2023, the import of carpets of felt of textile materials having a minimum surface area of 0.3 m² to China stood at approximately 233.5 thousand kilograms. From 2024 onwards, forecasts indicate a declining trend in import volumes, with expectations of reaching 207.02 thousand kilograms by 2028. This represents a year-on-year decrease, with a compounded annual growth rate (CAGR) of approximately -2.3% over the forecasted period. Notable declines are seen in each year reflecting a contracting import demand.
Future trends to watch for include:
- The impact of economic policies in China on import demand.
- Potential shifts in consumer preferences towards alternative floor coverings.
- Changes in international trade relations and regulations that might affect carpet imports.