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HIGHLIGHTS
- The U.S. Ceramic Tile Market plunged a record 19.5% to 2.7 billion square feet in 2007 as the unwinding of the housing boom outweighed the positive contribution in the commercial sector...... See our estimates for 2008 and detailed projections to 2013 as well as data on the glass tile category.
- Domestic manufacturers’ shipments weakened throughout the year, but producers in the U.S. gained market share for the first time since 1991...... See our tables covering 37 years of sales data by type of tile along with our outlook for 2008 and projections to 2013.
- Market prices for ceramic tile surged 6.3% in 2007 with further price hikes expected in 2008.
- Exports of U.S. made ceramic tile increased 7.6% in value on a 1.6% gain in unit volume. Canada, the largest export market, boosted spending by 19.1% ...... See our extensive coverage of 27 markets by product category to pinpoint future growth potential.
- The volume of imported ceramic tile plummeted by 554 million square feet in 2007 while dollar value fell 17.1% - the deepest contraction in 25 years. Glazed and unglazed tiles both posted double-digit declines, but mosaic tiles climbed 24.3%. China became the third largest ceramic tile supplier to the U.S. as shipments edged up 1.4%. Italy, Brazil, Spain, Turkey, Thailand, Colombia, and Indonesia all reported declines in excess of 20% while Mexico saw sales slip 2.7%.
- GranitiFiandre reported excellent progress for its American subsidiary, StonePeak, as sales reached $61.1 million in 2007. Mohawk Industries’ Dal-Tile division posted a 2% gain in fourth quarter sales, with sales off 0.2% for the year.
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