Eastern Europe: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Eastern Europe

In 2023, the East European hand-woven tapestry market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption recorded a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Hand-Woven Tapestry Production in Eastern Europe

In value terms, hand-woven tapestry production stood at $X in 2023 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Hand-Woven Tapestry Exports

Exports in Eastern Europe

In 2023, overseas shipments of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X square meters in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, hand-woven tapestry exports skyrocketed to $X in 2023. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Poland represented the key exporter of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Eastern Europe, with the volume of exports recording X square meters, which was approx. X% of total exports in 2023. Ukraine (X square meters) ranks second in terms of the total exports with a X% share, followed by Lithuania (X%). Russia (X square meters) held a relatively small share of total exports.

Exports from Poland decreased at an average annual rate of X% from 2012 to 2023. At the same time, Lithuania (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Ukraine (X%) and Russia (X%) illustrated a downward trend over the same period. Poland (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total exports, while Russia and Ukraine saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Lithuania ($X), Poland ($X) and Ukraine ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per square meter in 2023, with an increase of X% against the previous year. Over the period under review, the export price posted a buoyant increase. The growth pace was the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per square meter in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per square meter), while Ukraine ($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 Poland (X%), while the other leaders experienced more modest paces of growth.

Hand-Woven Tapestry Imports

Imports in Eastern Europe

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 year in a row after two years of growth. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X square meters in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, hand-woven tapestry imports surged to $X in 2023. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Poland dominates imports structure, accounting for X square meters, which was near X% of total imports in 2023. It was distantly followed by Russia (X square meters), committing a X% share of total imports. The following importers - Lithuania (X square meters), Romania (X square meters) and Belarus (X square meters) - together made up X% of total imports.

Imports into Poland decreased at an average annual rate of X% from 2012 to 2023. Russia (X%), Lithuania (X%), Romania (X%) and Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total imports, while Poland saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hand-woven tapestry importing markets in Eastern Europe were Poland ($X), Lithuania ($X) and Russia ($X), with a combined X% share of total imports.

Among the main importing countries, Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per square meter, rising by X% against the previous year. In general, the import price saw a strong expansion. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices hit record highs in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Lithuania ($X per square meter), while Belarus ($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 Lithuania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform