U.S. Tile Consumption Increased in Q3 2022, Despite Rising Prices

U.S. Tile Consumption Increased in Q3 2022, Despite Rising Prices

January 19, 2023 from Floor Focus FloorDaily News

Anderson, SC, January 19, 2023 -Through 3Q 2022, total U.S. ceramic tile consumption was up 1.3% by volume year over year, reports the Tile Council of North America.

Through 3Q 2022, the U.S. imported 1.70 billion square feet of ceramic tile, up 1.3% versus this time last year. Imports comprised 71.6% of 3Q 2022 U.S. tile consumption by volume, down slightly from 71.7% in 2021.

Spain, Italy and Mexico–consistently the top foreign suppliers–saw small decreases in volume in 3Q 2022, while India shot up nearly 30% as the fourth-largest foreign supplier.
U.S. shipments (less exports) through 3Q 2022 were 672.8 million square feet, up 1.1% year over year.

The dollar value per square foot of domestic shipments through 3Q 2022 was $1.65, up from $1.54 in 3Q 2021, a 7.1% increase. Import prices rose at a much higher rate.

Per square foot, Spain shot up 43.7%, going from $1.26 in Q3 2021 to $1.81 in Q3 2022; Italy rose 15.3%, from $2.02 to $2.33; Mexico went from $0.67 to $0.74, a 10.4% increase; India increased 18.9%, going from $0.74 to $0.88; and Turkey, which holds the fifth spot by volume, went from $0.75 to $0.96, a 28% increase.

U.S. ceramic tile exports through 3Q 2022 were 40.9 million square feet, up 46.1% year over year. The two largest consumers of U.S. exports by volume were Canada (68.5%) and Mexico (20.9%).