Romania: Carpet Market 2024

Carpet Market Size in Romania

In 2022, the Romanian carpet market decreased by X% to $X for the first time since 2011, thus ending a ten-year rising trend. In general, consumption, however, posted resilient growth. Carpet consumption peaked at $X in 2021, and then declined in the following year.

Carpet Production in Romania

In value terms, carpet production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable curtailment. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Carpet Exports

Exports from Romania

In 2022, overseas shipments of carpets and other textile floor coverings increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carpet exports surged to $X in 2022. In general, exports posted resilient growth. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Greece (X square meters), Croatia (X square meters) and Turkey (X square meters) were the main destinations of carpet exports from Romania, with a combined X% share of total exports. Austria, Germany, Bulgaria, Slovenia, Cyprus, Moldova, Israel and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Cyprus (with a CAGR of X.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for carpets and other textile floor coverings exports from Romania, comprising X% of total exports. The second position in the ranking was held by Greece ($X), with an X% share of total exports. It was followed by Croatia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2022, the average carpet export price amounted to $X per square meter, dropping by X% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per square meter in 2021, and then dropped markedly in the following year.

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

Carpet Imports

Imports into Romania

In 2022, the amount of carpets and other textile floor coverings imported into Romania reduced slightly to X square meters, falling by X% on 2021 figures. In general, total imports indicated a pronounced increase 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. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X square meters in 2021, and then shrank modestly in the following year.

In value terms, carpet imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Turkey (X square meters) constituted the largest supplier of carpet to Romania, with a X% share of total imports. Moreover, carpet imports from Turkey exceeded the figures recorded by the second-largest supplier, Belgium (X square meters), fivefold. The Netherlands (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of carpets and other textile floor coverings to Romania, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average carpet import price amounted to $X per square meter, waning by X% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price 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. Based on 2022 figures, carpet import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per square meter in 2021, and then shrank slightly in the following year.

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 Germany ($X per square meter), while the price for Egypt ($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 Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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