The European import of knotted carpets and other knotted textile floor coverings in 2023 reveals significant variations in market share by country. The United Kingdom dominates with a 44.2% share, though its growth has slowed to 7.16%. Belgium marked a substantial growth of 25%, while major economies like Germany and France saw declines of -9.77% and -9.99%, respectively. Finland and Denmark achieved notable growth at 18.98% and 17.48%. Conversely, countries like Cyprus and Lithuania faced steep declines of -20.24% and -31.88%. These variations point to market shifts, with eastern and smaller nations emerging as potential growth areas.
Future trends to watch include:
- The expansion opportunities for smaller European countries and rising demand in Northern Europe.
- The impact of economic factors on import variations and increased competition from local European producers.
- Potential shifts due to sustainability trends, impacting material preferences and sourcing strategies for knotted carpets.
- Technological advancements in textile production that could alter import dynamics.
Top countries in Import of Knotted Carpets and Other Knotted Textile Floor Coverings Share by Country (Square Meters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 44.2 | 2023 | +1.59% | +7.16% | View data |
| 2 | 2 Belgium | 9.06 | 2023 | +32.18% | +25% | View data |
| 3 | 3 Italy | 8.02 | 2023 | +3.26% | +8.23% | View data |
| 4 | 4 Czechia | 6.81 | 2023 | |||
| 5 | 5 Spain | 5.93 | 2023 | +8.75% | +22.77% | View data |
| 6 | 6 Germany | 5.72 | 2023 | -26.56% | -9.77% | View data |
| 7 | 7 Sweden | 4.79 | 2023 | +1.01% | -1.38% | View data |
| 8 | 8 Denmark | 4.09 | 2023 | +1.82% | +17.48% | View data |
| 9 | 9 Netherlands | 3.66 | 2023 | +3.76% | +5.68% | View data |
| 10 | 10 France | 2.8 | 2023 | -11.52% | -9.99% | View data |
