The analysis of the Gross Value Added (GVA) per employee full-time equivalent (FTE) for the European carpets and rugs industry reveals significant variation across countries in 2023. Denmark leads with the highest GVA per FTE at 103.8 thousand euros, followed by Italy (92.8), Sweden (90.4), and Finland (85.8). Belgium, the United Kingdom, and Austria follow closely, with values ranging from 82.4 to 71.5 thousand euros. France, Germany, and Spain display moderate performance with figures between 68.4 and 56.4 thousand euros. The lower end is represented by countries such as Norway, Estonia, and Hungary, with the Czech Republic at the bottom with 8.4 thousand euros.
Future trends to watch in the European carpets and rugs industry include:
- Technological advancements improving production efficiency.
- Shifts towards sustainable and eco-friendly materials.
- Increasing competition from non-European manufacturers.
- Economic impacts on consumer spending patterns.
- Digitalization and e-commerce growth influencing market dynamics.
Top countries in Carpets and Rugs Gross Value Added Per Employee FTE by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Denmark | 103.8 | 2023 | View data |
| 2 | 2 Italy | 92.8 | 2023 | View data |
| 3 | 3 Sweden | 90.4 | 2023 | View data |
| 4 | 4 Finland | 85.8 | 2023 | View data |
| 5 | 5 Belgium | 82.4 | 2023 | View data |
| 6 | 6 United Kingdom | 81 | 2023 | View data |
| 7 | 7 Austria | 71.5 | 2023 | View data |
| 8 | 8 France | 68.4 | 2023 | View data |
| 9 | 9 Germany | 58.4 | 2023 | View data |
| 10 | 10 Spain | 56.4 | 2023 | View data |
