Market movement
In 2024, tapestries: hand-woven, (gobelins, flanders, aubusson, beauvais and the like) and needle-worked tapestries (eg petit point, cross-stitch) whether or not made up trade exhibited strong growth, with global flows reaching $32,321,547 and a three-year compound annual growth rate of +6.5% (five-year: +3.3%). The all-time peak of $52,387,821 was recorded in 2017; the current level is 38% below that high-water mark.
Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+5.6% acceleration).
The World Trade Flows Characterization classifies tapestries: hand-woven, (gobelins, flanders, aubusson, beauvais and the like) and needle-worked tapestries (eg petit point, cross-stitch) whether or not made up as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.
