Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Stone Statistics

Mohawk Sales Declined 1.4% in Q4 2023, Earnings Positive

Mohawk net sales for Q4 2023 were $2.6 billion, a decrease of 1.4% compared to net sales of $2.7 billion in the same period last year. Q4 2023 net earnings were $139 million, an increase of 421% compared to net earnings of $33 million in Q4 2022. Read More

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Ceramic Imports Declined 8.2% YOY in 2023

In 2023, total U.S. imports of ceramic were 185.7 million square meters, a decline of 8.2% from the year 2022 when imports were 202.3 million square meters, according to Grosser Consulting. Read More

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Floor Coverings Sales Trends

U.S. floor coverings sales could have turned the corner in the fourth quarter of 2023 after seeing declining sales over the first three quarters of the year. Based on monthly data, Catalina estimates U.S. floor covering manufacturer dollar sales (shipments minus exports plus imports) could have increased by 0.7 percent in the fourth quarter, while square foot sales could have risen by 1.9 percent. Read More

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Construction Worker Shortage Estimated at 501,000

The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors Read More

Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics

Freight Costs from China to Europe Rise Due to Red Sea Turmoil

Freight rates for containers from China to Europe are up thee times due to turmoil in the Red Sea, reports Container xChange. Read More

Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics

U.S. Ceramic Imports Declined 9.5% YOY in First 11 Months of 2023

In the first eleven months of 2023, total U.S. imports of ceramic tile were 170.8 million square meters, a decline of 9.5% from the same period in 2022 when imports were 188.7 million square meters, according to Grosser Consulting. Read More

Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Reports

The Many “Ifs” Leading to Floor Sales Recovery

Signs are pointing to the beginning of a U.S. floor coverings sales recovery. Catalina Research estimates U.S. square foot sales is projected to increase by 2.5 percent in the first quarter of 2024. Read More

Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Stone Statistics

The International Impact of Tile

Tile is truly a global flooring product. With so many vendors exploring fashion and technology, innovation in both look and composition enables a large scale appetite for the various new products from all around the world. Thanks to this continuing globalization, tile’s market reach is one that extends worldwide and remains robust and diversified. Read More

Ceramic Tile Statistics Competitive Intelligence Economic Indicators Floor Covering Products Industry Forecasts Industry Statistics Reports

Tile’s Unwavering Ship Amid an Uncertain Economy

Tile companies are still reporting growth amidst lower category performance, thanks to strong business plans and product offerings, helping tile steer its way though economic hazards. Read More