Germany: Hand-Woven Tapestry Market 2024

Hand-Woven Tapestry Market Size in Germany

The German hand-woven tapestry market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, faced a deep slump. Hand-woven tapestry consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hand-Woven Tapestry Production in Germany

In value terms, hand-woven tapestry production soared to $X in 2021 estimated in export price. In general, production, however, showed a deep setback. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hand-Woven Tapestry Exports

Exports from Germany

In 2021, shipments abroad of hand-woven tapestries of the type gobelins, flanders, aubusson, and beauvais was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a mild contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 56%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, hand-woven tapestry exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 30% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X kg) was the main destination for hand-woven tapestry exports from Germany, with a 43% share of total exports. Moreover, hand-woven tapestry exports to the Czech Republic exceeded the volume sent to the second major destination, Ukraine (X kg), threefold. The third position in this ranking was held by Serbia (X kg), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic amounted to +59.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+31.2% per year) and Serbia (+100.3% per year).

In value terms, the largest markets for hand-woven tapestry exported from Germany were the Czech Republic ($X), Switzerland ($X) and Serbia ($X), with a combined 53% share of total exports.

In terms of the main countries of destination, Serbia, with a CAGR of +140.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hand-woven tapestry export price stood at $X per ton in 2021, waning by -21.2% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 120% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+56.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Woven Tapestry Imports

Imports into Germany

In 2021, hand-woven tapestry imports into Germany surged to X tons, increasing by 181% against the previous year's figure. Over the period under review, imports showed a strong expansion. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, hand-woven tapestry imports skyrocketed to $X in 2021. In general, imports recorded buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 316% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

India (X kg), Poland (X kg) and the UK (X kg) were the main suppliers of hand-woven tapestry imports to Germany, with a combined 64% share of total imports. These countries were followed by China, the United States, Spain and Japan, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +104.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and Poland ($X) appeared to be the largest hand-woven tapestry suppliers to Germany, together comprising 65% of total imports. These countries were followed by China, Japan, the United States and India, which together accounted for a further 22%.

Japan, with a CAGR of +109.0%, saw 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 more modest paces of growth.

Import Prices by Country

The average hand-woven tapestry import price stood at $X per ton in 2021, dropping by -42.5% against the previous year. In general, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 184%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+47.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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