Slovakia: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Slovakia

The Slovak hand-woven tapestry market rose notably to $X in 2022, increasing by X% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Hand-Woven Tapestry Production in Slovakia

In value terms, hand-woven tapestry production rose notably to $X in 2022 estimated in export price. Overall, production continues to indicate a tangible expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Hand-Woven Tapestry Exports

Exports from Slovakia

After three years of growth, shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2021, and then contracted sharply in the following year.

In value terms, hand-woven tapestry exports reduced sharply to $X in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Norway (X square meters), Poland (X square meters) and France (X square meters) were the main destinations of hand-woven tapestry exports from Slovakia, with a combined X% share of total exports.

From 2019 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2019 to 2022, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average hand-woven tapestry export price stood at $X per square meter in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2021, and then dropped dramatically 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 Czech Republic ($X per square meter), while the average price for exports to France ($X per square meter) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Woven Tapestry Imports

Imports into Slovakia

In 2022, purchases abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais decreased by X% to X square meters, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X square meters. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, hand-woven tapestry imports declined remarkably to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X square meters), France (X square meters) and Turkey (X square meters) were the main suppliers of hand-woven tapestry imports to Slovakia, together comprising X% of total imports.

From 2013 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hand-woven tapestry suppliers to Slovakia were Poland ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of 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 hand-woven tapestry import price amounted to $X per square meter, dropping by X% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, 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 Poland ($X per square meter), while the price for Germany ($X per square meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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