From 2013 to 2023, Brazil's imports of textile floor coverings and carpets exhibited significant volatility. The value peaked in 2014, followed by notable declines until 2016. A recovery phase ensued, showing continuous ups and downs until 2023 when the value stood at 97.911 million USD, reflecting a year-on-year increase of 2.2%. The compound annual growth rate (CAGR) over the last five years stands at 1.66%, indicating moderate growth.
Future trends to watch:
- Gradual recovery and stabilization in imports, projected to see a steady increase with CAGR of 1.68% over the next five years.
- Potential influence of economic and trade policies on import levels.
- Increasing demand driven by development in the construction and home furnishings sectors.