Overview of the Market for Pile And Chenille Fabric in the Czech Republic
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.
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.