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Vinyl Flooring Imports Declined by 48.1% in March Due Largely to UFLPA

Vinyl Flooring Imports Declined by 48.1% in March Due Largely to UFLPA

May 22, 2023 from Floor Focus FloorDaily News

Atlanta, GA, May 22, 2023-Vinyl flooring imports saw a sharp decline in units in March, down 48.1% year over year (YOY), compared to only a 4.8% YOY decline in the prior month, according to Truist Securities.

Units from China, the largest source of material, was down over 50% YOY, while South Korea declined 18.2% YOY. U.S. Customs estimates roughly $40 million of flooring has been detained through early March from PVC-related goods imported under the Uyghur Forced Labor Prevention Act (UFLPA), which now requires further documentation.

Donato Pompo

Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. Donato is the founder of CTaSC.