Serbia: Carpet Market 2025

Carpet Market Size in Serbia

The Serbian carpet market stood at $X in 2022, picking up by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Carpet Production in Serbia

In value terms, carpet production stood at $X in 2022 estimated in export price. Overall, production, however, showed a slight curtailment. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Carpet Exports

Exports from Serbia

In 2022, shipments abroad of carpets and other textile floor coverings decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total exports indicated a tangible expansion 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 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X square meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, carpet exports declined significantly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X square meters) was the main destination for carpet exports from Serbia, with a X% share of total exports. Moreover, carpet exports to Romania exceeded the volume sent to the second major destination, Hungary (X square meters), twofold. Russia (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Russia (X% per year).

In value terms, Romania ($X), Poland ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for carpet exported from Serbia worldwide, together comprising X% of total exports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

The average carpet export price stood at $X per square meter in 2022, with a decrease of X% against the previous year. Overall, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($X per square meter), while the average price for exports to Hungary ($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 Montenegro (X%), while the prices for the other major destinations experienced a decline.

Carpet Imports

Imports into Serbia

In 2022, purchases abroad of carpets and other textile floor coverings was finally on the rise to reach X square meters after two years of decline. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, carpet imports rose rapidly to $X in 2022. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Turkey (X square meters), Austria (X square meters) and Belgium (X square meters) were the main suppliers of carpet imports to Serbia, with a combined X% share of total imports.

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

In value terms, the largest carpet suppliers to Serbia were Turkey ($X), Austria ($X) and Belgium ($X), with a combined X% share of total imports.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carpet import price stood at $X per square meter in 2022, dropping by X% against the previous year. In general, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Italy ($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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform