Kazakhstan: Travelling Wool Rug Market 2024

Travelling Wool Rug Market Size in Kazakhstan

The Kazakh travelling wool rug market fell to $X in 2022, reducing by -5% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.8% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Travelling Wool Rug Production in Kazakhstan

In value terms, travelling wool rug production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -17.5% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 90% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Travelling Wool Rug Exports

Exports from Kazakhstan

In 2022, overseas shipments of blankets and travelling rugs of wool decreased by -5.5% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, posted strong growth. The pace of growth was the most pronounced in 2019 when exports increased by 100%. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, travelling wool rug exports dropped to $X in 2022. Overall, exports, however, recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of 131%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Kyrgyzstan (X units), China (X units) and Russia (X units) were the main destinations of travelling wool rug exports from Kazakhstan, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +83.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Kyrgyzstan ($X) and Russia ($X) were the largest markets for travelling wool rug exported from Kazakhstan worldwide, with a combined 98% share of total exports.

Kyrgyzstan, with a CAGR of +86.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average travelling wool rug export price stood at $X per unit in 2022, which is down by -3% against the previous year. In general, the export price, however, posted a prominent increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 66%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Travelling Wool Rug Imports

Imports into Kazakhstan

In 2022, travelling wool rug imports into Kazakhstan rose modestly to X units, surging by 1.7% compared with the previous year's figure. Over the period under review, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 144%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, travelling wool rug imports amounted to $X in 2022. In general, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 123% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia (X units), China (X units) and Ukraine (X units) were the main suppliers of travelling wool rug imports to Kazakhstan, together comprising 82% of total imports. South Korea, Kyrgyzstan and Turkey lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +21.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of blankets and travelling rugs of wool to Kazakhstan, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Ukraine, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.7% per year) and Ukraine (-0.9% per year).

Import Prices by Country

In 2022, the average travelling wool rug import price amounted to $X per unit, increasing by 2.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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