The European sold production of carpets and rugs in 2023 showed a diverse landscape across the continent. The Netherlands led with 1.1473 billion Euros, followed by Belgium (0.87068), and the United Kingdom (0.79703). Significant decreases were noted in countries like Belgium (-6.48%), France (-4.89%), and several Eastern European nations including Romania (-16.71%) and Greece (-15.93%). On the growth side, Bulgaria saw a substantial increase (14.56%), while Portugal (2.45%) and Finland (4.41%) also experienced positive growth trends.
Future trends to monitor include the anticipated stabilization in major production countries like the Netherlands and the United Kingdom, while maintaining a close watch on the growth potential in emerging markets, notably in Eastern Europe. Knowing the fluctuating market dynamics, the sector may witness further consolidation and innovation-driven revivals.
Top countries in Sold Production of Carpets and Rugs by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,147,300,000 | 2023 | +3.92% | +0.5% | View data |
| 2 | 2 Belgium | 870,680,000 | 2023 | -4.11% | -6.48% | View data |
| 3 | 3 United Kingdom | 797,030,000 | 2023 | -1.26% | -1.01% | View data |
| 4 | 4 Germany | 466,270,000 | 2023 | +0.026% | -1.33% | View data |
| 5 | 5 France | 266,500,000 | 2023 | -0.8% | -4.89% | View data |
| 6 | 6 Italy | 203,580,000 | 2023 | +6.49% | -1.2% | View data |
| 7 | 7 Denmark | 167,820,000 | 2023 | +3.18% | -0.32% | View data |
| 8 | 8 Spain | 134,140,000 | 2023 | +3.67% | +0.49% | View data |
| 9 | 9 Austria | 90,372,000 | 2023 | +24.7% | +0.55% | View data |
| 10 | 10 Portugal | 72,597,000 | 2023 | +3.99% | +2.45% | View data |
