Netherlands: Travelling Wool Rug Market 2024

Travelling Wool Rug Market Size in the Netherlands

The Dutch travelling wool rug market declined markedly to $X in 2022, waning by -23.5% against the previous year. Overall, consumption, however, saw a strong increase. Travelling wool rug consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Travelling Wool Rug Production in the Netherlands

In value terms, travelling wool rug production amounted to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.4% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 117%. Travelling wool rug production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Travelling Wool Rug Exports

Exports from the Netherlands

In 2022, shipments abroad of blankets and travelling rugs of wool increased by 41% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 124% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, travelling wool rug exports stood at $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Poland (X units) was the main destination for travelling wool rug exports from the Netherlands, with a 41% share of total exports. Moreover, travelling wool rug exports to Poland exceeded the volume sent to the second major destination, France (X units), fourfold. The third position in this ranking was taken by Sweden (X units), with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+15.6% per year) and Sweden (+24.8% per year).

In value terms, the largest markets for travelling wool rug exported from the Netherlands were Germany ($X), the UK ($X) and Sweden ($X), with a combined 46% share of total exports. Poland, France, Belgium, Denmark, Italy and Romania lagged somewhat behind, together comprising a further 28%.

In terms of the main countries of destination, Romania, with a CAGR of +93.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average travelling wool rug export price amounted to $X per unit, declining by -21.7% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 96%. The export price peaked at $X per unit in 2021, and then declined markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Imports

Imports into the Netherlands

In 2022, approx. X units of blankets and travelling rugs of wool were imported into the Netherlands; falling by -11% against 2021. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 139%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, travelling wool rug imports expanded modestly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 142%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Sweden (X units) and the UK (X units) were the main suppliers of travelling wool rug imports to the Netherlands, together accounting for 46% of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +68.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the UK ($X) and Germany ($X) constituted the largest travelling wool rug suppliers to the Netherlands, together comprising 51% of total imports.

Among the main suppliers, Sweden, with a CAGR of +76.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average travelling wool rug import price amounted to $X per unit, surging by 14% against the previous year. Overall, the import price posted resilient growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 66%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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