Overview of the Market for Pile And Chenille Fabric in the Czech Republic
Market Overview
The Czech pile and chenille fabric market expanded remarkably to $
in 2019, growing 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). Over the period under review, consumption enjoyed resilient growth. The pace of growth appeared the most rapid in 2009 when the market value increased by % y-o-y. Pile and chenille fabric consumption peaked in 2019 and is likely to continue growth in the near future.
In value terms, pile and chenille fabric production declined to $ in 2019 estimated in export prices. Overall, production recorded a deep contraction. The most prominent rate of growth was recorded in 2011 when the production volume increased by % y-o-y. Pile and chenille fabric production peaked at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.
in 2019, growing 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). Over the period under review, consumption enjoyed resilient growth. The pace of growth appeared the most rapid in 2009 when the market value increased by % y-o-y. Pile and chenille fabric consumption peaked in 2019 and is likely to continue growth in the near future.In value terms, pile and chenille fabric production declined to $
in 2019 estimated in export prices. Overall, production recorded a deep contraction. The most prominent rate of growth was recorded in 2011 when the production volume increased by % y-o-y. Pile and chenille fabric production peaked at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.Consumption
In 2019, approx. tonnes of woven pile fabrics and chenille fabrics were consumed in the Czech Republic; with an increase of % against the previous year's figure. Over the period under review, consumption enjoyed a prominent increase. The most prominent rate of growth was recorded in 2009 when the consumption volume increased by % year-to-year. Pile and chenille fabric consumption peaked in 2019 and is expected to retain growth in the near future.
The size of the pile and chenille fabric market in the Czech Republic rose sharply to $ in 2019, growing 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). Overall, consumption posted prominent growth. The growth pace was the most rapid in 2009 with an increase of % year-to-year. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in years to come.
tonnes of woven pile fabrics and chenille fabrics were consumed in the Czech Republic; with an increase of % against the previous year's figure. Over the period under review, consumption enjoyed a prominent increase. The most prominent rate of growth was recorded in 2009 when the consumption volume increased by % year-to-year. Pile and chenille fabric consumption peaked in 2019 and is expected to retain growth in the near future.The size of the pile and chenille fabric market in the Czech Republic rose sharply to $
in 2019, growing 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). Overall, consumption posted prominent growth. The growth pace was the most rapid in 2009 with an increase of % year-to-year. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in years to come.Market Forecast
Driven by increasing demand for pile and chenille fabric in the Czech Republic, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to bring the market volume to tonnes by the end of .Market Structure
Pile and chenille fabric market in the Czech Republic consists almost entirely of imported products.
Trade Balance
The Czech Republic remains a net importer of pile and chenille fabric; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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