Sweden: Knotted Carpet Market 2025

Knotted Carpet Market Size in Sweden

The Swedish knotted carpet market contracted significantly to $X in 2022, declining by -15.1% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Knotted Carpet Production in Sweden

In value terms, knotted carpet production shrank slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 131% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Knotted Carpet Exports

Exports from Sweden

In 2022, overseas shipments of knotted carpets and other knotted textile floor coverings increased by 2% to X square meters, rising for the third consecutive year after two years of decline. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 105%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, knotted carpet exports expanded markedly to $X in 2022. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Norway (X square meters), the UK (X square meters) and Germany (X square meters) were the main destinations of knotted carpet exports from Sweden, with a combined 44% share of total exports. Denmark, France, Switzerland, the Netherlands, Finland, Poland, Japan, Italy, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +49.8%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Norway ($X) and Switzerland ($X) constituted the largest markets for knotted carpet exported from Sweden worldwide, together accounting for 42% of total exports. Germany, France, Japan, the Netherlands, Denmark, Poland, Finland, Italy, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

Among the main countries of destination, the Czech Republic, with a CAGR of +43.1%, recorded the highest growth rate of 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

In 2022, the average knotted carpet export price amounted to $X per square meter, increasing by 12% against the previous year. In general, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2016 an increase of 41% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per square meter), while the average price for exports to Denmark ($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 Japan (-0.6%), while the prices for the other major destinations experienced a decline.

Knotted Carpet Imports

Imports into Sweden

After two years of growth, supplies from abroad of knotted carpets and other knotted textile floor coverings decreased by -24.9% to X square meters in 2022. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, knotted carpet imports contracted markedly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

In 2022, India (X square meters) constituted the largest knotted carpet supplier to Sweden, accounting for a 55% share of total imports. Moreover, knotted carpet imports from India exceeded the figures recorded by the second-largest supplier, Italy (X square meters), sixfold. The third position in this ranking was held by Denmark (X square meters), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.3% per year) and Denmark (-2.4% per year).

In value terms, India ($X) constituted the largest supplier of knotted carpets and other knotted textile floor coverings to Sweden, comprising 42% of total imports. The second position in the ranking was held by Denmark ($X), with a 13% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-2.5% per year) and Germany (-4.9% per year).

Import Prices by Country

The average knotted carpet import price stood at $X per square meter in 2022, rising by 9.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2021 when the average import price increased by 41% against the previous year. The import price peaked at $X per square meter in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for China ($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 Iran (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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