Analyzing the historical import data of woven carpets and floor coverings to Chile from 2013 to 2023, we observe that the import value peaked in 2014 at $20.467 million before showing a significant drop by 2016. A recovery phase followed with a fluctuating trend until 2019. From 2020 onwards, the value has stabilized around $14 million, reflecting a flat trend with minor variations. In 2023, the import value stood at $14.623 million.

Last year variations:

2022: -0.5% year-on-year
2023: -0.49% year-on-year

Last 5-year CAGR: -2.7%

Forecast data from 2024 to 2028 indicates a gradual decline in import values with a forecasted average annual decrease (CAGR) of -0.42%, amounting to an overall reduction of 2.06% in five years.

Future trends to watch for:

Potential impacts of economic performance on consumer demand.
Shifts in trade policies or tariffs that could influence import levels.
Technological advancements in alternative flooring solutions that may affect woven carpet demand.