Total imports of carpets and other textile floor coverings to Finland have demonstrated fluctuations from 2013 to 2023. In 2023, the imports stood at 1139.3 thousand square meters. Over the last two years, the market saw a minimal increase of 0.82% in 2023 after a 1.03% rise in 2022. Evaluating the last five-year period up to 2023, the compound annual growth rate (CAGR) was 4.44%, indicating a moderate annual increase.
Looking ahead, forecast data from 2024 to 2028 project a continued but modest upward trend. The average annual growth rate over the next five years is forecasted to be 0.62%, suggesting a stable yet slow increase in imports. By 2028, imports are expected to reach 1184.3 thousand square meters, representing an overall growth of 3.11% over the five-year forecast period.
Future trends to watch for include potential shifts in consumer preferences towards sustainable or alternative flooring materials, macroeconomic impacts on consumer spending, and the influence of international trade policies on import volumes. Emerging market dynamics and technological advancements in floor coverings could also play a significant role in future import trends.
