Colombia: Baby Clothes Market 2024

Baby Clothes Market Size in Colombia

The Colombian baby clothes market amounted to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Baby clothes consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Baby Clothes Production in Colombia

In value terms, baby clothes production rose to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Baby Clothes Exports

Exports from Colombia

In 2022, shipments abroad of babies clothing and accessories (not knitted or crocheted) decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, baby clothes exports reached $X in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for baby clothes exports from Colombia, with a X% share of total exports. Moreover, baby clothes exports to the United States exceeded the volume sent to the second major destination, Ecuador (X tons), fivefold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for babies clothing and accessories (not knitted or crocheted) exports from Colombia, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Ecuador, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the average baby clothes export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby clothes export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Clothes Imports

Imports into Colombia

In 2022, purchases abroad of babies clothing and accessories (not knitted or crocheted) decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, baby clothes imports declined slightly to $X in 2022. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest baby clothes supplier to Colombia, with a X% share of total imports. Moreover, baby clothes imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and India (X% per year).

In value terms, the largest baby clothes suppliers to Colombia were China ($X), Bangladesh ($X) and India ($X), together accounting for X% of total imports. Morocco, Myanmar and Pakistan lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average baby clothes import price amounted to $X per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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