Russian Federation: Carpet Market 2024

Carpet Market Size in the Russian Federation

The Russian carpet market dropped notably to $X in 2022, waning by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

Carpet Production in the Russian Federation

In value terms, carpet production rose significantly to $X in 2022 estimated in export price. In general, production showed a pronounced curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Carpet Exports

Exports from the Russian Federation

In 2022, after six years of growth, there was significant decline in shipments abroad of carpets and other textile floor coverings, when their volume decreased by X% to X square meters. Overall, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2021, and then contracted sharply in the following year.

In value terms, carpet exports dropped dramatically to $X in 2022. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced markedly in the following year.

Exports by Country

Tajikistan (X square meters) was the main destination for carpet exports from Russia, with a X% share of total exports. Moreover, carpet exports to Tajikistan exceeded the volume sent to the second major destination, Kazakhstan (X square meters), twofold. The third position in this ranking was taken by Ukraine (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tajikistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Ukraine (X% per year).

In value terms, the largest markets for carpet exported from Russia were Ukraine ($X), Kazakhstan ($X) and Tajikistan ($X), together accounting for X% of total exports.

Tajikistan, with a CAGR of X%, recorded 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 more modest paces of growth.

Export Prices by Country

In 2022, the average carpet export price amounted to $X per square meter, falling by X% against the previous year. Over the period under review, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per square meter), while the average price for exports to Kyrgyzstan ($X per square meter) was amongst the lowest.

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

Carpet Imports

Imports into the Russian Federation

In 2022, the amount of carpets and other textile floor coverings imported into Russia shrank to X square meters, waning by X% compared with the previous year. Over the period under review, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X square meters in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, carpet imports fell to $X in 2022. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belarus (X square meters) constituted the largest supplier of carpet to Russia, accounting for a X% share of total imports. Moreover, carpet imports from Belarus exceeded the figures recorded by the second-largest supplier, China (X square meters), threefold. The third position in this ranking was held by Turkey (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belarus amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

In value terms, the largest carpet suppliers to Russia were Turkey ($X), Belarus ($X) and China ($X), together accounting for X% of total imports.

Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average carpet import price amounted to $X per square meter, approximately mirroring the previous year. Overall, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($X per square meter), while the price for Belarus ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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