The European Carpet and Rugs HICP varies significantly across countries. Denmark and the Netherlands exhibit the highest forecasted increases in 2024, with growth rates of 15.9% and 14.7% respectively. Conversely, countries such as Cyprus and Malta demonstrate considerable declines at -6.3% and -12%. Other countries like Spain also showcase slight reductions at -0.6%. Over the last two years, most European nations experienced moderate year-on-year fluctuations, while the past five years indicated diverse compound annual growth rates, reflecting broader economic influences and consumer behaviors.
Future trends to watch include potential stabilization or further fluctuations influenced by economic conditions, raw material costs, and consumer preferences for sustainable and innovative carpet and rug products. Analyzing these factors will be vital for predicting and understanding future HICP movements.
Top countries in Carpet and Rugs HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Denmark | 15.9 | 2022 | View data |
| 2 | 2 Netherlands | 14.7 | 2022 | View data |
| 3 | 3 Hungary | 12.3 | 2022 | View data |
| 4 | 4 Sweden | 11.7 | 2022 | View data |
| 5 | 5 Lithuania | 10.7 | 2022 | View data |
| 6 | 6 Czech Republic | 10.6 | 2022 | View data |
| 7 | 7 Poland | 10.6 | 2022 | View data |
| 8 | 8 Serbia | 10.5 | 2022 | View data |
| 9 | 9 Bulgaria | 8.7 | 2022 | View data |
| 10 | 10 Slovenia | 7.7 | 2022 | View data |
