Denmark: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Denmark

The Danish hand-woven tapestry market rose significantly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. Hand-woven tapestry consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Hand-Woven Tapestry Production in Denmark

In value terms, hand-woven tapestry production rose to $X in 2022 estimated in export price. In general, production posted a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 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.

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Hand-Woven Tapestry Exports

Exports from Denmark

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 2019, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of X square meters. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, hand-woven tapestry exports contracted markedly to $X in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X square meters), Switzerland (X square meters) and Germany (X square meters) were the main destinations of hand-woven tapestry exports from Denmark, together accounting for X% of total exports. The UK, Poland, France and Sweden lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) remains the key foreign market for hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average hand-woven tapestry export price stood at $X per square meter in 2022, which is down by X% against the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to France ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Woven Tapestry Imports

Imports into Denmark

Hand-woven tapestry imports into Denmark reduced slightly to X square meters in 2022, with a decrease of X% against 2021. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X square meters, and then contracted slightly in the following year.

In value terms, hand-woven tapestry imports soared to $X in 2022. Overall, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

China (X square meters), the United States (X square meters) and India (X square meters) were the main suppliers of hand-woven tapestry imports to Denmark, with a combined X% share of total imports. The UK, Japan and Taiwan (Chinese) 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 the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X.6% per year) and China (X% per year).

Import Prices by Country

The average hand-woven tapestry import price stood at $X per square meter in 2022, with an increase of X% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2022, the average import prices failed to regain momentum.

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 the United States ($X per square meter), while the price for India ($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 the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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