The import of textile floor coverings and carpets to Chile has seen significant variations over the past decade. The actual imports in 2023 stood at $111.16 million. Over the last two years, the sector showed a moderate growth rate, with year-on-year variations of 3.3% in 2022 and 3.13% in 2023. For the last five years, the compound annual growth rate (CAGR) averaged around 0.83%, indicating a relatively stable yet slow growth pattern in recent history. Looking forward, the forecast data predicts a gradual increase, with a forecasted 5-year CAGR of 2.31% leading to a 12.11% overall growth by 2028.
Future trends to watch for include potential changes in trade policies, emerging competition from other regions, shifts in consumer demand due to economic factors, and innovations in textile manufacturing that could influence import volumes and values. Additionally, sustainability trends and environmental regulations may also impact the types and quantities of floor coverings imported into Chile.
