Poland: Travelling Wool Rug Market 2024

Travelling Wool Rug Market Size in Poland

In 2022, the Polish travelling wool rug market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Travelling Wool Rug Production in Poland

In value terms, travelling wool rug production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.9%. Travelling wool rug production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Travelling Wool Rug Exports

Exports from Poland

In 2022, overseas shipments of blankets and travelling rugs of wool were finally on the rise to reach X units for the first time since 2016, thus ending a five-year declining trend. Overall, exports posted a noticeable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 73%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, travelling wool rug exports dropped remarkably to $X in 2022. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by 106% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for travelling wool rug exports from Poland, accounting for a 32% share of total exports. Moreover, travelling wool rug exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. Belgium (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +67.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+66.7% per year) and Belgium (+4.6% per year).

In value terms, Germany ($X) remains the key foreign market for blankets and travelling rugs of wool exports from Poland, comprising 36% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +60.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+70.6% per year) and the Netherlands (+77.5% per year).

Export Prices by Country

In 2022, the average travelling wool rug export price amounted to $X per unit, dropping by -36.5% against the previous year. Over the period under review, the export price, however, continues to indicate noticeable growth. The growth pace was the most rapid in 2020 an increase of 90%. The export price peaked at $X per unit in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Ukraine ($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 Switzerland (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Imports

Imports into Poland

Travelling wool rug imports into Poland skyrocketed to X units in 2022, with an increase of 141% on the previous year. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 with an increase of 239%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, travelling wool rug imports skyrocketed to $X in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 240% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X units), Germany (X units) and Ukraine (X units) were the main suppliers of travelling wool rug imports to Poland, with a combined 73% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +83.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest travelling wool rug suppliers to Poland were Germany ($X), China ($X) and Italy ($X), with a combined 62% share of total imports.

Germany, with a CAGR of +66.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average travelling wool rug import price stood at $X per unit in 2022, waning by -42.4% against the previous year. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 53% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+19.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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