Why China’s laminate flooring the most competitive in the Chilean market?
Chile has a high international competitiveness and a quality of life, a stable political environment, a global and free economic environment. It is regarded as a high-income economy by the World Bank Group and regarded as a developed country. In 2010, Chile became the first member of OECD in South America.
January-April 2017,the volume of bilateral imports and exports between Chile and China was $10.944billion , an increase of 7.2%. Among them, Chile exports to China 6.228 billion US dollars, up 15.2%, accounting for 24.2% of Chile’s total exports;imports of US $4 billion 716 million from China, accounting for 24.2% of Chile’s total exports. Chile’s trade surplus with China was US $ 1.512 billion, up 150.7%.China was the country’s largest source of surplus, the largest export destination and the second largest source of imports.
1，Chile has the most potential market for building materials market
At present, the Chilean building materials market has reached 4 billion US dollars, while the growth rate in the next 5 years is estimated to be between 5% and 7%. In the past 10 years (excluding the last two years of the past recession), Chilean housing construction grew at an annual rate of 10%, while the construction industry grew at an annual rate of 8%.Chile is a country with lower housing costs, and the latest data show that the average price of Santiago is $1221, with 120 square meters of apartment buildings in the downtown area.And the country’s national income level is relatively high, creating a possibility for their country’s real estate market active, and thus to promote the demand for building materials products.Chile’s building products market has a higher degree of acceptance of new products. The most promising products in the future include flooring, wallpaper, safety devices, DIY products, wooden doors and paint.
2,China provide laminate flooring with high quality and low price
China is the largest laminate flooring supplier in the world. Not only is the price cheap, but also the range of colors and surfaces is various. Each enterprise updates a large number of colors every year,there are also many imitative German colors .The same configuration of laminate flooring, China’s suppliers price is several times cheaper than European .
The largest laminate flooring factory in North China welcomes customers from Chile to buy laminate flooring with high quality and low price.