Uzbekistan: Tufted Carpet Market 2024

Tufted Carpet Market Size in Uzbekistan

The Uzbek tufted carpet market expanded markedly to $X in 2022, with an increase of 10% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Tufted Carpet Production in Uzbekistan

In value terms, tufted carpet production expanded remarkably to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Tufted Carpet Exports

Exports from Uzbekistan

In 2022, tufted carpet exports from Uzbekistan rose modestly to X square meters, surging by 1.5% compared with the year before. Over the period under review, exports posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 31%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, tufted carpet exports declined to $X in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 38% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank modestly in the following year.

Exports by Country

Kyrgyzstan (X square meters) was the main destination for tufted carpet exports from Uzbekistan, with a 45% share of total exports. Moreover, tufted carpet exports to Kyrgyzstan exceeded the volume sent to the second major destination, Afghanistan (X square meters), threefold. Kazakhstan (X square meters) ranked third in terms of total exports with an 18% share.

From 2017 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan stood at +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+17.9% per year) and Kazakhstan (+21.9% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for tufted carpets and other tufted textile floor coverings exports from Uzbekistan, comprising 45% of total exports. The second position in the ranking was held by Russia ($X), with an 18% share of total exports. It was followed by Afghanistan, with a 16% share.

From 2017 to 2022, the average annual growth rate of value to Kyrgyzstan amounted to +37.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+2.9% per year) and Afghanistan (+22.5% per year).

Export Prices by Country

In 2022, the average tufted carpet export price amounted to $X per square meter, which is down by -3.6% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per square meter), while the average price for exports to Tajikistan ($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 Ukraine (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tufted Carpet Imports

Imports into Uzbekistan

In 2022, tufted carpet imports into Uzbekistan soared to X square meters, with an increase of 125% on 2021 figures. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 256%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tufted carpet imports surged to $X in 2022. In general, imports posted a prominent increase. The growth pace was the most rapid in 2019 with an increase of 318%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X square meters), Kazakhstan (X square meters) and Turkey (X square meters) were the main suppliers of tufted carpet imports to Uzbekistan, together comprising 84% of total imports. Belgium, the Netherlands, Germany and France lagged somewhat behind, together comprising a further 14%.

From 2017 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +2,000.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of tufted carpets and other tufted textile floor coverings to Uzbekistan, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Germany, with a 7.7% share.

From 2017 to 2022, the average annual growth rate of value from Turkey totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.9% per year) and Germany (+48.3% per year).

Import Prices by Country

In 2022, the average tufted carpet import price amounted to $X per square meter, picking up by 3% against the previous year. Over the period under review, import price indicated slight growth from 2017 to 2022: its price increased at an average annual rate of +1.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tufted carpet import price decreased by -41.7% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 37%. As a result, import price reached the peak level of $X per square meter. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Kazakhstan ($X per square meter) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+51.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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