Overview of the Market for Pile And Chenille Fabric in the Czech Republic
In value terms, pile and chenille fabric production contracted to $ in 2019 estimated in export prices. Over the period under review, production, however, saw a deep reduction. The most prominent rate of growth was recorded in 2011 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The value of the pile and chenille fabric market in the Czech Republic rose significantly to $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a significant increase. The most prominent rate of growth was recorded in 2009 when the market value increased by % against the previous year. The Czech Republic consumption peaked in 2019 and is expected to retain growth in the immediate term.