Textile Wall Covering Market Overview in Chile
Market Overview
The Chilean textile wall covering market dropped markedly to $
in 2019, with a decrease of -% 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 showed a slight shrinkage. The pace of growth was the most pronounced in 2013 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2014 to 2019, the growth of the market failed to regain the momentum.
in 2019, with a decrease of -% 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 showed a slight shrinkage. The pace of growth was the most pronounced in 2013 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2014 to 2019, the growth of the market failed to regain the momentum.Consumption
Textile wall covering consumption in Chile declined significantly to square meters in 2019, falling by -% on 2018. Over the period under review, consumption recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the consumption volume increased by % y-o-y. As a result, consumption attained the peak volume of square meters. From 2014 to 2019, the growth of the consumption failed to regain the momentum.
The value of the textile wall covering market in Chile contracted notably to $ in 2019, with a decrease of -% 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 showed a slight descent. The most prominent rate of growth was recorded in 2013 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. From 2014 to 2019, the growth of the market failed to regain the momentum.
square meters in 2019, falling by -% on 2018. Over the period under review, consumption recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the consumption volume increased by % y-o-y. As a result, consumption attained the peak volume of square meters. From 2014 to 2019, the growth of the consumption failed to regain the momentum.The value of the textile wall covering market in Chile contracted notably to $
in 2019, with a decrease of -% 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 showed a slight descent. The most prominent rate of growth was recorded in 2013 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. From 2014 to 2019, the growth of the market failed to regain the momentum.Market Forecast
Driven by rising demand for textile wall covering in Chile, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +% for the period from 2019 to , which is projected to bring the market volume to square meters by the end of .
% for the period from 2019 to , which is projected to bring the market volume to square meters by the end of .Trade Balance
Chile remains a net importer of textile wall covering; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of square meters, 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.
square meters, 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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