Denmark: Carpet Market 2024

Carpet Market Size in Denmark

In 2022, after two years of growth, there was significant decline in the Danish carpet market, when its value decreased by X% to $X. Over the period under review, consumption, however, posted a modest increase. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Carpet Production in Denmark

In value terms, carpet production declined remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then contracted remarkably in the following year.

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Carpet Exports

Exports from Denmark

In 2022, the amount of carpets and other textile floor coverings exported from Denmark shrank to X square meters, therefore, remained relatively stable against the year before. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X square meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, carpet exports dropped to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X square meters), Germany (X square meters) and Sweden (X square meters) were the main destinations of carpet exports from Denmark, with a combined X% share of total exports. Norway, the Netherlands, France, the United States, Italy, Belgium and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Sweden ($X) constituted the largest markets for carpet exported from Denmark worldwide, together comprising X% of total exports. France, the Netherlands, Norway, the United States, Italy, Poland and Belgium lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average carpet export price amounted to $X per square meter, dropping by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2021, and then shrank in the following year.

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

Carpet Imports

Imports into Denmark

In 2022, the amount of carpets and other textile floor coverings imported into Denmark expanded slightly to X square meters, surging by X% compared with 2021. Overall, imports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, carpet imports contracted to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

India (X square meters), the Netherlands (X square meters) and Sweden (X square meters) were the main suppliers of carpet imports to Denmark, with a combined X% share of total imports. Belgium, Germany, Pakistan, China and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, India ($X), Sweden ($X) and Germany ($X) constituted the largest carpet suppliers to Denmark, together comprising X% of total imports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carpet import price stood at $X per square meter in 2022, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per square meter, and then declined 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 ($X per square meter), while the price for Pakistan ($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 Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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