Based on the provided data, the import value exhibits a downward trend from 2024 to 2028. Here are the values in Million US Dollars:
- 2024: 5.7734
- 2025: 5.4031
- 2026: 5.0402
- 2027: 4.6845
- 2028: 4.336
Year-on-Year Percentage Variations:
- 2025: -6.40%
- 2026: -6.72%
- 2027: -7.05%
- 2028: -7.44%
CAGR (2024-2028): -6.92%
Future Trends to Watch
The declining import values indicate a shrinking market for knotted carpets and floor coverings in Denmark. Factors to monitor include changing consumer preferences, advancements in flooring technologies, and potential economic shifts that could impact domestic demand and international trade policies.
