Russian Federation: Knotted Carpet Market 2025

Knotted Carpet Market Size in the Russian Federation

The Russian knotted carpet market declined markedly to $X in 2022, which is down by -49.4% against the previous year. In general, consumption, however, continues to indicate a significant increase. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Knotted Carpet Production in the Russian Federation

In value terms, knotted carpet production shrank markedly to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when the production volume increased by 300%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Knotted Carpet Exports

Exports from the Russian Federation

Knotted carpet exports from Russia declined markedly to X square meters in 2022, falling by -93% compared with the previous year. Over the period under review, exports faced a precipitous decline. The pace of growth was the most pronounced in 2015 with an increase of 919% against the previous year. The exports peaked at X square meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, knotted carpet exports fell notably to $X in 2022. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2015 when exports increased by 909%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X square meters), Israel (X square meters) and Italy (X square meters) were the main destinations of knotted carpet exports from Russia, with a combined 36% share of total exports. Moreover, knotted carpet exports in the United States exceeded the figures recorded by the second-largest exporter, Israel, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of -14.0%), while the other leaders experienced a decline.

In value terms, Italy ($X), the United States ($X) and the UK ($X) appeared to be the largest markets for knotted carpet exported from Russia worldwide, with a combined 52% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of -11.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average knotted carpet export price amounted to $X per square meter, picking up by 257% against the previous year. Over the period under review, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to France ($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 the UK (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Knotted Carpet Imports

Imports into the Russian Federation

In 2022, approx. X square meters of knotted carpets and other knotted textile floor coverings were imported into Russia; reducing by -26% compared with 2021 figures. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of 256% against the previous year. As a result, imports reached the peak of X square meters. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, knotted carpet imports contracted rapidly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 274% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India (X square meters), Nepal (X square meters) and Pakistan (X square meters) were the main suppliers of knotted carpet imports to Russia, together accounting for 68% of total imports. Kazakhstan and Belarus lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of +119.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X) constituted the largest supplier of knotted carpets and other knotted textile floor coverings to Russia, comprising 50% of total imports. The second position in the ranking was taken by India ($X), with a 24% share of total imports. It was followed by Pakistan, with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Nepal stood at +38.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.0% per year) and Pakistan (+23.3% per year).

Import Prices by Country

In 2022, the average knotted carpet import price amounted to $X per square meter, increasing by 7.9% against the previous year. In general, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 an increase of 151%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nepal ($X per square meter), while the price for Kazakhstan ($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 Pakistan (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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