Benelux: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Benelux

In 2023, the Benelux hand-woven tapestry market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a mild contraction. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Hand-Woven Tapestry Production in Benelux

In value terms, hand-woven tapestry production dropped to $X in 2023 estimated in export price. Over the period under review, production recorded a pronounced decrease. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Hand-Woven Tapestry Exports

Exports in Benelux

Hand-woven tapestry exports soared to X square meters in 2023, increasing by X% compared with the year before. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of export peaked in 2023 and is likely to see gradual growth in the immediate term.

In value terms, hand-woven tapestry exports declined to $X in 2023. Total exports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The level of export peaked at $X in 2022, and then declined in the following year.

Exports by Country

Belgium was the main exporter of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Benelux, with the volume of exports accounting for X square meters, which was near X% of total exports in 2023. It was distantly followed by the Netherlands (X square meters), committing a X% share of total exports.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2023. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2023. The Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2023.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per square meter, falling by X% against the previous year. Over the period under review, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per square meter in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while the Netherlands stood at $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Hand-Woven Tapestry Imports

Imports in Benelux

In 2023, overseas purchases of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters, falling for the third consecutive year after two years of growth. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, hand-woven tapestry imports soared to $X in 2023. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in years to come.

Imports by Country

Belgium represented the major importing country with an import of around X square meters, which finished at X% of total imports. It was distantly followed by the Netherlands (X square meters), achieving a X% share of total imports. Luxembourg (X square meters) held a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to hand-woven tapestry imports into Belgium stood at X%. At the same time, the Netherlands (X%) and Luxembourg (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Benelux, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

In Belgium, hand-woven tapestry imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Luxembourg (X% per year).

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per square meter, surging by X% against the previous year. Overall, the import price continues to indicate a modest increase. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per square meter), while the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform