Ukraine: Knotted Carpet Market 2025

Knotted Carpet Market Size in Ukraine

The Ukrainian knotted carpet market dropped remarkably to $X in 2022, falling by -15.6% against the previous year. Overall, consumption, however, saw a precipitous setback. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Knotted Carpet Production in Ukraine

In value terms, knotted carpet production totaled $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is likely to continue growth in the near future.

Knotted Carpet Exports

Exports from Ukraine

In 2022, approx. X square meters of knotted carpets and other knotted textile floor coverings were exported from Ukraine; with a decrease of -20.8% on the year before. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 1,914% against the previous year. Over the period under review, the exports reached the maximum at X square meters in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, knotted carpet exports contracted to $X in 2022. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2015 when exports increased by 18,388%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X square meters), Germany (X square meters) and Switzerland (X square meters) were the main destinations of knotted carpet exports from Ukraine, with a combined 29% share of total exports. Belgium, Canada, Russia, Poland, Portugal, Kazakhstan, Sweden, France and Luxembourg lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +100.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for knotted carpets and other knotted textile floor coverings exports from Ukraine, comprising 40% of total exports. The second position in the ranking was held by Finland ($X), with an 11% share of total exports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value to Switzerland totaled +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+46.0% per year) and Belgium (+2,600.0% per year).

Export Prices by Country

In 2022, the average knotted carpet export price amounted to $X per square meter, surging by 14% against the previous year. In general, the export price enjoyed slight growth. The growth pace was the most rapid in 2015 when the average export price increased by 818%. Over the period under review, the average export prices hit record highs at $X per square meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per square meter), while the average price for exports to Sweden ($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 Belgium (+1,250.0%), while the prices for the other major destinations experienced more modest paces of growth.

Knotted Carpet Imports

Imports into Ukraine

In 2022, the amount of knotted carpets and other knotted textile floor coverings imported into Ukraine declined rapidly to X square meters, reducing by -72.5% on 2021. Overall, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 627% against the previous year. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, knotted carpet imports contracted markedly to $X in 2022. Over the period under review, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 436% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X square meters), China (X square meters) and India (X square meters) were the main suppliers of knotted carpet imports to Ukraine, together comprising 93% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of -23.1%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of knotted carpets and other knotted textile floor coverings to Ukraine, comprising 55% of total imports. The second position in the ranking was held by Turkey ($X), with a 26% share of total imports. It was followed by India, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-27.3% per year) and India (-47.9% per year).

Import Prices by Country

In 2022, the average knotted carpet import price amounted to $X per square meter, reducing by -60.2% against the previous year. Overall, the import price saw a abrupt setback. The growth pace was the most rapid in 2021 when the average import price increased by 91% against the previous year. The import price peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Turkey ($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 Poland (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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