Eastern Europe: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Eastern Europe

The East European hand-woven tapestry market rose markedly to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Hand-Woven Tapestry Production in Eastern Europe

In value terms, hand-woven tapestry production rose markedly to $X in 2022 estimated in export price. Over the period under review, production posted a measured increase. The growth pace was the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Hand-Woven Tapestry Exports

Exports in Eastern Europe

In 2022, hand-woven tapestry exports in Eastern Europe was estimated at X square meters, growing by X% compared with the year before. In general, exports enjoyed a temperate increase. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X square meters in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, hand-woven tapestry exports declined rapidly to $X in 2022. Over the period under review, exports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland prevails in exports structure, reaching X square meters, which was near X% of total exports in 2022. It was distantly followed by Lithuania (X square meters), creating a X% share of total exports. Ukraine (X square meters) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hand-woven tapestry exports from Poland stood at X%. At the same time, Lithuania (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland and Lithuania increased by X and X percentage points, respectively.

In value terms, Poland ($X), Lithuania ($X) and Ukraine ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per square meter in 2022, which is down by X% against the previous year. In general, the export price continues to indicate a noticeable slump. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per square meter), while Poland ($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 Ukraine (X%), while the other leaders experienced a decline in the export price figures.

Hand-Woven Tapestry Imports

Imports in Eastern Europe

In 2022, purchases abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The volume of import peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, hand-woven tapestry imports declined markedly to $X in 2022. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of hand-woven tapestry imports in 2022 were Poland (X square meters), together accounting for X% of total import.

Poland was also the fastest-growing in terms of the hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais imports, with a CAGR of X% from 2012 to 2022. While the share of Poland (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais in Eastern Europe.

In Poland, hand-woven tapestry imports shrank by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Eastern Europe stood at $X per square meter in 2022, reducing by X% against the previous year. In general, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2019 to 2022, the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to X% per year.

Source: IndexBox Platform

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