EU: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in the EU

After three years of growth, the EU hand-woven tapestry market decreased by X% to $X in 2023. In general, consumption showed a slight curtailment. Over the period under review, the market attained the maximum level at $X in 2022, and then reduced notably in the following year.

Hand-Woven Tapestry Production in the EU

In value terms, hand-woven tapestry production soared to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a noticeable setback. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Hand-Woven Tapestry Exports

Exports in the EU

In 2023, hand-woven tapestry exports in the European Union expanded significantly to X square meters, increasing by X% against the previous year. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X square meters in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, hand-woven tapestry exports expanded notably to $X in 2023. In general, exports posted strong growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

Spain dominates exports structure, amounting to X square meters, which was near X% of total exports in 2023. It was distantly followed by Belgium (X square meters), generating a X% share of total exports. Poland (X square meters), the Netherlands (X square meters), France (X square meters), Germany (X square meters) and Greece (X square meters) took a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to hand-woven tapestry exports from Spain stood at X%. At the same time, the Netherlands (X%), Greece (X%), Belgium (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Poland (X%) illustrated a downward trend over the same period. Spain (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium, France and Poland saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports. Belgium, the Netherlands, Poland and Greece lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw 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 more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per square meter in 2023, waning by X% against the previous year. Overall, the export price showed a perceptible decline. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while Spain ($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 Germany (X%), while the other leaders experienced more modest paces of growth.

Hand-Woven Tapestry Imports

Imports in the EU

In 2023, overseas purchases of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters for the first time since 2018, thus ending a four-year rising trend. In general, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2022, and then shrank significantly in the following year.

In value terms, hand-woven tapestry imports shrank modestly to $X in 2023. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then declined modestly in the following year.

Imports by Country

Greece represented the main importing country with an import of around X square meters, which amounted to X% of total imports. France (X square meters) ranks second in terms of the total imports with a X% share, followed by Italy (X%), Belgium (X%) and Poland (X%). The following importers - the Netherlands (X square meters) and Spain (X square meters) - each finished at a X% share of total imports.

Greece was also the fastest-growing in terms of the hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais imports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%), Belgium (X%), Italy (X%), Spain (X%) and France (X%) displayed positive paces of growth. By contrast, Poland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Greece, France, Italy, Belgium, the Netherlands and Spain increased by X, X, X, X, X and X percentage points, respectively.

In value terms, France ($X) constitutes the largest market for imported hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in the European Union, comprising X% of total imports. The second position in the ranking was held by Greece ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

In France, 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: Greece (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per square meter, surging by X% against the previous year. Overall, the import price continues to indicate notable growth. Over the period under review, import prices attained the maximum at $X per square meter in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per square meter), while Poland ($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 Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform