Portugal: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Portugal

The Portuguese hand-woven tapestry market skyrocketed to $X in 2022, surging by X% against the previous year. Overall, consumption posted pronounced growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Hand-Woven Tapestry Production in Portugal

In value terms, hand-woven tapestry production reduced to $X in 2022 estimated in export price. Overall, production, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Hand-woven tapestry production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Hand-Woven Tapestry Exports

Exports from Portugal

In 2022, shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais increased by X% to X square meters, rising for the second year in a row after three years of decline. Overall, exports showed a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, hand-woven tapestry exports skyrocketed to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X square meters), China (X square meters) and the United Arab Emirates (X square meters) were the main destinations of hand-woven tapestry exports from Portugal, with a combined X% share of total exports.

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

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

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

Export Prices by Country

The average hand-woven tapestry export price stood at $X per square meter in 2022, increasing by X% against the previous year. In general, the export price, however, saw a perceptible slump. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per square meter), while the average price for exports to Switzerland ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Hand-Woven Tapestry Imports

Imports into Portugal

Hand-woven tapestry imports into Portugal soared to X square meters in 2022, jumping by X% against 2021 figures. Over the period under review, imports posted a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of X square meters. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, hand-woven tapestry imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X square meters) constituted the largest supplier of hand-woven tapestry to Portugal, with a X% share of total imports. Moreover, hand-woven tapestry imports from Spain exceeded the figures recorded by the second-largest supplier, Brazil (X square meters), threefold. The third position in this ranking was held by Turkey (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Turkey (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Turkey (X% per year).

Import Prices by Country

The average hand-woven tapestry import price stood at $X per square meter in 2022, waning by X% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per square meter in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per square meter), while the price for Spain ($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 Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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