In 2023, Germany imported knotted carpets of materials other than wool or fine animal hair at a substantial volume. However, forecasts indicate a consistent decline from 2024 to 2028, with volumes dropping from 236.06 thousand kilograms in 2024 to 131.62 thousand kilograms in 2028. This represents a rough year-on-year decrease of approximately 11.5% on average, illustrating a significant downward trend. Over the five-year period, the compound annual growth rate (CAGR) shows a notable reduction in carpet imports.
Future trends to watch for include:
- Changes in consumer preferences towards sustainable or alternative flooring materials.
- Impacts of economic conditions on household spending and import demand.
- Potential shifts in trade agreements or tariffs affecting import costs and volumes.
