Germany: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Germany

The German hand-woven tapestry market rose significantly to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Hand-Woven Tapestry Production in Germany

In value terms, hand-woven tapestry production amounted to $X in 2022 estimated in export price. In general, production recorded a resilient increase. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Hand-woven tapestry production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Hand-Woven Tapestry Exports

Exports from Germany

In 2022, overseas shipments of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters, and then contracted remarkably in the following year.

In value terms, hand-woven tapestry exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X square meters), Poland (X square meters) and the United States (X square meters) were the main destinations of hand-woven tapestry exports from Germany, with a combined X% share of total exports.

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

In value terms, the United States ($X), the UK ($X) and Qatar ($X) constituted the largest markets for hand-woven tapestry exported from Germany worldwide, together comprising X% of total exports.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

The average hand-woven tapestry export price stood at $X per square meter in 2022, increasing by X% against the previous year. Overall, the export price posted a measured increase. The export price peaked at $X per square meter in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Poland ($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 Chile (X%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Woven Tapestry Imports

Imports into Germany

In 2022, after three years of growth, there was significant decline in supplies from abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais, when their volume decreased by X% to X square meters. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X square meters, and then dropped dramatically in the following year.

In value terms, hand-woven tapestry imports fell notably to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X square meters), the United States (X square meters) and China (X square meters) were the main suppliers of hand-woven tapestry imports to Germany, together comprising X% of total imports. Denmark, Japan, India, Turkey, Poland and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hand-woven tapestry suppliers to Germany were China ($X), the United States ($X) and Japan ($X), together accounting for X% of total imports. The Netherlands, Turkey, India, Poland, Spain and Denmark lagged somewhat behind, together comprising a further X%.

Denmark, 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

In 2022, the average hand-woven tapestry import price amounted to $X per square meter, dropping by X% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for Denmark ($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 Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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