Uzbekistan: Knotted Carpet Market 2024

Knotted Carpet Market Size in Uzbekistan

The Uzbek knotted carpet market rose slightly to $X in 2022, picking up by 1.6% against the previous year. Over the period under review, consumption, however, continues to indicate a slight setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Knotted Carpet Production in Uzbekistan

In value terms, knotted carpet production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a slight decrease. The growth pace was the most rapid in 2013 with an increase of 48% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Knotted Carpet Exports

Exports from Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in overseas shipments of knotted carpets and other knotted textile floor coverings, which increased by 1.5% to X square meters in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 8,220% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, knotted carpet exports shrank sharply to $X in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 10,960%. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Exports by Country

Tajikistan (X square meters) was the main destination for knotted carpet exports from Uzbekistan, with a 77% share of total exports. Moreover, knotted carpet exports to Tajikistan exceeded the volume sent to the second major destination, Kyrgyzstan (X square meters), fivefold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Tajikistan amounted to +904.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (0.0% per year) and Kazakhstan (+320.2% per year).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for knotted carpets and other knotted textile floor coverings exports from Uzbekistan, comprising 65% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 32% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to Kyrgyzstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+111.1% per year) and Kazakhstan (-4.7% per year).

Export Prices by Country

In 2022, the average knotted carpet export price amounted to $X per square meter, with a decrease of -91.8% against the previous year. Over the period under review, the export price saw a significant contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 337%. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2019; however, from 2020 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 Kyrgyzstan ($X per square meter), while the average price for exports to Kazakhstan ($X per square meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+62.0%), while the prices for the other major destinations experienced a decline.

Knotted Carpet Imports

Imports into Uzbekistan

In 2022, purchases abroad of knotted carpets and other knotted textile floor coverings decreased by -76.5% to X square meters, falling for the third year in a row after two years of growth. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 7,457%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, knotted carpet imports shrank sharply to $X in 2022. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 3,434%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X square meters) constituted the largest knotted carpet supplier to Uzbekistan, with a 82% share of total imports. Moreover, knotted carpet imports from Turkey exceeded the figures recorded by the second-largest supplier, Russia (X square meters), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (0.0% per year) and China (+13.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of knotted carpets and other knotted textile floor coverings to Uzbekistan, comprising 85% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.3% per year) and Russia (0.0% per year).

Import Prices by Country

In 2022, the average knotted carpet import price amounted to $X per square meter, declining by -34% against the previous year. Overall, the import price faced a sharp decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 117% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the average import prices remained at a 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 China ($X per square meter), while the price for Russia ($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 (+150.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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