MERCOSUR: Textile Wall Covering Market 2024

Textile Wall Covering Market Size in MERCOSUR

The MERCOSUR textile wall covering market skyrocketed to $X in 2023, rising by X% against the previous year. Overall, consumption posted strong growth. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market failed to regain momentum.

Textile Wall Covering Production in MERCOSUR

In value terms, textile wall covering production reached $X in 2023 estimated in export price. In general, production, however, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Textile Wall Covering Exports

Exports in MERCOSUR

In 2023, approx. X square meters of textile wall coverings were exported in MERCOSUR; waning by X% compared with 2022 figures. Over the period under review, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, textile wall covering exports contracted slightly to $X in 2023. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Colombia (X square meters) and Chile (X square meters) represented roughly X% of total exports in 2023. Brazil (X square meters) took the next position in the ranking, followed by Argentina (X square meters) and Peru (X square meters). All these countries together held near X% share of total exports. The following exporters - Venezuela (X square meters) and Ecuador (X square meters) - each finished at a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest textile wall covering supplying countries in MERCOSUR were Brazil ($X), Colombia ($X) and Argentina ($X), with a combined X% share of total exports. Chile, Peru, Ecuador and Venezuela lagged somewhat behind, together accounting for a further X%.

Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2023, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Ecuador ($X per square meter), while Chile ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Textile Wall Covering Imports

Imports in MERCOSUR

In 2023, textile wall covering imports in MERCOSUR soared to X square meters, jumping by X% compared with 2022. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, textile wall covering imports expanded sharply to $X in 2023. Total imports indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Brazil was the key importing country with an import of about X square meters, which accounted for X% of total imports. Ecuador (X square meters) took the second position in the ranking, distantly followed by Chile (X square meters). All these countries together took near X% share of total imports. Peru (X square meters) followed a long way behind the leaders.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2023. At the same time, Ecuador (X%) and Peru (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. Chile experienced a relatively flat trend pattern. Brazil (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total imports, while Chile saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported textile wall coverings in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total imports. It was followed by Chile, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Brazil stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per square meter in 2023, shrinking by X% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per square meter), while Ecuador ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform