Report Update: Apr 1, 2024

Denmark - Knotted Carpets And Other Knotted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends And Insights

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Knotted Carpet Price in Denmark - 2023

Knotted Carpet Price in Denmark (CIF) - 2023

In August 2023, the average knotted carpet import price amounted to $81.5 per square meter, shrinking by -16.6% against the previous month. Overall, import price indicated a perceptible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, knotted carpet import price increased by +104.7% against February 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 66% month-to-month. The import price peaked at $97.7 per square meter in July 2023, and then fell notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($337 per square meter), while the price for Belgium ($11.7 per square meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Knotted Carpet Price in Denmark (FOB) - 2023

The average knotted carpet export price stood at $82.6 per square meter in August 2023, increasing by 13% against the previous month. Overall, export price indicated a notable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, knotted carpet export price decreased by -20.2% against March 2023 indices. The pace of growth appeared the most rapid in September 2022 an increase of 37% m-o-m. The export price peaked at $110 per square meter in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Hong Kong SAR ($120 per square meter), while the average price for exports to Norway ($13.3 per square meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Knotted Carpet Imports in Denmark

After three years of growth, supplies from abroad of knotted carpets and other knotted textile floor coverings decreased by -27.3% to 227K square meters in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of 312K square meters, and then fell dramatically in the following year.

In value terms, knotted carpet imports dropped to $10M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of $12M, and then contracted in the following year.

Import of Knotted Carpet in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.1	3.4	6.1	4.5	13.2%
Iran	2.1	2.2	2.1	2.9	11.4%
India	1.1	1.0	1.6	1.5	10.9%
Pakistan	0.5	0.5	0.5	0.3	-15.7%
Netherlands	0.1	0.4	0.5	0.3	44.2%
South Korea	N/A	0.1	N/A	0.1	0.0%
Belgium	0.4	0.1	0.4	N/A	0.0%
Others	0.5	0.8	0.9	0.8	17.0%
Total	7.9	8.4	12.0	10.4	9.6%

Top Suppliers of Knotted Carpet to Denmark in 2022:

Germany (74.8K square meters)
India (51.7K square meters)
Iran (38.1K square meters)
Netherlands (34.8K square meters)
South Korea (6.0K square meters)
Belgium (4.0K square meters)
Pakistan (3.4K square meters)

Knotted Carpet Exports in Denmark

In 2022, approx. 122K square meters of knotted carpets and other knotted textile floor coverings were exported from Denmark; shrinking by -13.8% on 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports reached the peak of 141K square meters, and then dropped in the following year.

In value terms, knotted carpet exports contracted to $10M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, the exports attained the peak of $11M, and then declined in the following year.

Export of Knotted Carpet in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	573	1,231	1,967	3,547	83.6%
Sweden	3,174	3,187	5,216	3,534	3.6%
Norway	1,116	776	817	564	-20.3%
Ireland	268	125	163	371	11.4%
Finland	542	544	625	368	-12.1%
Netherlands	302	371	736	285	-1.9%
Faroe Islands	80.2	0.4	36.0	229	41.9%
United Kingdom	1,426	1,351	175	151	-52.7%
Poland	175	91.5	172	137	-7.8%
Others	1,032	964	1,219	1,189	4.8%
Total	8,688	8,640	11,125	10,375	6.1%

Top Export Markets for Knotted Carpet from Denmark in 2022:

Sweden (38.7K square meters)
Germany (29.7K square meters)
Norway (18.5K square meters)
Netherlands (5.9K square meters)
Faroe Islands (5.2K square meters)
United Kingdom (5.0K square meters)
Finland (3.3K square meters)
Ireland (3.2K square meters)
Poland (2.6K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knotted carpet market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023