Hand-woven Tapestry Market

Hand-woven tapestry market: read new info featured by an Ai-driven BI tool. Data cover exports, trade, consumption, market prices, companies, imports, market size, and production. Here is a split by region, including the U.K., Russia, the Middle East, China, the U.S., Africa, Latin America, and EU. Market insights and forecast to 2030 are also provided in the reports.

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Hand-woven Tapestry - World's Largest Markets

In value terms, Belgium led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Norway.

In Belgium, the hand-woven tapestry market increased at an average annual rate of +153.3% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+63.2% per year) and Norway (+27.6% per year).

Hand-Woven Tapestry Prices

Hand-Woven Tapestry - Top Importers

In value terms, the United States ($7.4M) constitutes the largest market for imported hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais worldwide, comprising 38% of global imports. The second position in the ranking was occupied by France ($3.6M), with a 18% share of global imports. It was followed by Morocco, with a 3.3% share.

From 2018 to 2020, the average annual growth rate of value in the United States stood at +20.3%. The remaining importing countries recorded the following average annual rates of imports growth: France (+43.7% per year) and Morocco (+6.1% per year).

Hand-Woven Tapestry - Top Exporters

In value terms, China ($27M) remains the largest hand-woven tapestry supplier worldwide, comprising 64% of global exports. The second position in the ranking was occupied by India ($3.7M), with a 8.8% share of global exports. It was followed by the United States, with a 3.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to +53.3%. In the other countries, the average annual rates were as follows: India (+40.9% per year) and the United States (-14.8% per year).

Hand-Woven Tapestry - Market Forecast

Driven by increasing demand for hand-woven tapestry worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Hand-woven Tapestry - Product Coverage

• HS 5805 - Tapestries; hand-woven, (gobelins, flanders, aubusson, beauvais and the like) and needle-worked tapestries (eg petit point, cross-stitch) whether or not made up

Source: IndexBox Market Intelligence Platform