Benelux: Knotted Carpet Market 2025

Knotted Carpet Market Size in Benelux

In 2022, the Benelux knotted carpet market decreased by -4% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Knotted Carpet Production in Benelux

In value terms, knotted carpet production reached $X in 2022 estimated in export price. Overall, production, however, recorded a slight setback. The pace of growth appeared the most rapid in 2015 with an increase of 66% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Knotted Carpet Exports

Exports in Benelux

In 2022, overseas shipments of knotted carpets and other knotted textile floor coverings decreased by -42.7% to X square meters for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate noticeable growth. The pace of growth was the most pronounced in 2020 with an increase of 125%. The volume of export peaked at X square meters in 2021, and then declined notably in the following year.

In value terms, knotted carpet exports shrank rapidly to $X in 2022. Over the period under review, exports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2018 with an increase of 115%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium represented the main exporter of knotted carpets and other knotted textile floor coverings in Benelux, with the volume of exports recording X square meters, which was approx. 77% of total exports in 2022. It was distantly followed by the Netherlands (X square meters), creating a 22% share of total exports.

Exports from Belgium increased at an average annual rate of +3.3% from 2012 to 2022. At the same time, the Netherlands (+6.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +6.2% from 2012-2022. From 2012 to 2022, the share of the Netherlands increased by +4.2 percentage points.

In value terms, the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022.

The Netherlands, with a CAGR of +3.6%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per square meter, falling by -4% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 69% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per square meter), while Belgium stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.4%).

Knotted Carpet Imports

Imports in Benelux

In 2022, overseas purchases of knotted carpets and other knotted textile floor coverings decreased by -39.8% to X square meters for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of X square meters, and then contracted remarkably in the following year.

In value terms, knotted carpet imports contracted significantly to $X in 2022. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 30%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands represented the major importing country with an import of around X square meters, which reached 68% of total imports. It was distantly followed by Belgium (X square meters) and Luxembourg (X square meters), together generating a 32% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to knotted carpet imports into the Netherlands stood at +3.5%. At the same time, Luxembourg (+5.6%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +5.6% from 2012-2022. By contrast, Belgium (-3.5%) illustrated a downward trend over the same period. While the share of the Netherlands (+14 p.p.) and Luxembourg (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-16 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported knotted carpets and other knotted textile floor coverings in Benelux, comprising 65% of total imports. The second position in the ranking was taken by Belgium ($X), with a 26% share of total imports.

In the Netherlands, knotted carpet imports contracted by an average annual rate of -2.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-8.3% per year) and Luxembourg (+3.3% per year).

Import Prices by Country

The import price in Benelux stood at $X per square meter in 2022, jumping by 20% against the previous year. In general, the import price, however, recorded a abrupt downturn. The level of import peaked at $X per square meter in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per square meter), while the Netherlands ($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 Luxembourg (-2.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform