Austria: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Austria

The Austrian hand-woven tapestry market amounted to $X in 2022, surging by X% against the previous year. Over the period under review, consumption showed a resilient expansion. Hand-woven tapestry consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Hand-Woven Tapestry Production in Austria

In value terms, hand-woven tapestry production expanded to $X in 2022 estimated in export price. Over the period under review, production saw buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. 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 Austria

In 2022, after two years of growth, there was significant decline in shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais, when their volume decreased by X% to X square meters. Over the period under review, exports, however, showed a perceptible expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X square meters. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hand-woven tapestry exports contracted sharply to $X in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X square meters) was the main destination for hand-woven tapestry exports from Austria, with a X% share of total exports. Moreover, hand-woven tapestry exports to the UK exceeded the volume sent to the second major destination, Poland (X square meters), twofold. The Czech Republic (X square meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais exports from Austria, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average hand-woven tapestry export price stood at $X per square meter in 2022, reducing by X% against the previous year. Overall, the export price faced a deep reduction. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price reached the peak level of $X per square meter. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($X per square meter) and Poland ($X per square meter), while the average price for exports to Slovakia ($X per square meter) and the Czech Republic ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced a decline.

Hand-Woven Tapestry Imports

Imports into Austria

After two years of growth, overseas purchases of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters in 2022. Overall, imports showed a sharp contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hand-woven tapestry imports declined dramatically to $X in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X square meters), Israel (X square meters) and Japan (X square meters) were the main suppliers of hand-woven tapestry imports to Austria, with a combined X% share of total imports. The United States, Germany, the UK, India, Spain and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X) constituted the largest supplier of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais to Austria, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average hand-woven tapestry import price amounted to $X per square meter, increasing by X% against the previous year. In general, the import price showed slight growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Israel ($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 Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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