US tile consumption grew just 1.2% in 2018 to about 288 million sq.m. Domestic sales of US tile dropped to 84 million sq.m, while imports rose to 205 million sq.m (+5%), mainly from China, Spain and Brazil.
As of 2018, Villeroy & Boch will cease collaborating with TOTO and shift to direct distribution in North America. The group is planning to invest US $20 million in its Mexican factory.
Mohawk Industries’s record figures for 2016 results includes sales of $9.0 billion, operating income of $1.3 billion and EBITDA of $1.7 billion. Q1 2017 showed a further growth, with net sales up 2%.
Strengthened by steady growth in the housing and construction markets, the U.S. economy continued to expand in 2016, helping lift the U.S. ceramic tile market to a seventh straight year of growth.
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