Turkey: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Turkey

The Turkish hand-woven tapestry market expanded markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a remarkable increase. Hand-woven tapestry consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Hand-Woven Tapestry Production in Turkey

In value terms, hand-woven tapestry production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Hand-Woven Tapestry Exports

Exports from Turkey

For the fourth consecutive year, Turkey recorded growth in shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais, which increased by X% to X square meters in 2022. In general, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hand-woven tapestry exports surged to $X in 2022. Overall, exports recorded resilient growth. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X square meters) was the main destination for hand-woven tapestry exports from Turkey, accounting for a X% share of total exports. Moreover, hand-woven tapestry exports to the United States exceeded the volume sent to the second major destination, Egypt (X square meters), twofold. The third position in this ranking was taken by Germany (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Germany (X% per year).

In value terms, the United States ($X) remains the key foreign market for hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais exports from Turkey, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by the UK, 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: Egypt (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average hand-woven tapestry export price amounted to $X per square meter, shrinking by X% against the previous year. In general, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per square meter, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per square meter), while the average price for exports to Algeria ($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 UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Woven Tapestry Imports

Imports into Turkey

In 2022, imports of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais into Turkey shrank sharply to X square meters, falling by X% on the previous year. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X square meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, hand-woven tapestry imports reduced dramatically to $X in 2022. In general, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X square meters), Germany (X square meters) and Greece (X square meters) were the main suppliers of hand-woven tapestry imports to Turkey, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced a decline.

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

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average hand-woven tapestry import price stood at $X per square meter in 2022, dropping by X% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the average 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 Greece ($X per square meter), while the price for Germany ($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 Greece (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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