Latin America and the Caribbean: Circular Knitting Machine Market 2020

Circular Knitting Machine Market Size in Latin America and the Caribbean

The revenue of the circular knitting machine market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The circular knitting machine consumption continues to indicate a deep curtailment. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The level of circular knitting machine consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Circular Knitting Machine Production in Latin America and the Caribbean

In 2017, approx. X units of circular knitting machines were produced in Latin America and the Caribbean; going up by X% against the previous year. The circular knitting machine production continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. Over the period under review, the circular knitting machine production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Circular Knitting Machine Exports in Latin America and the Caribbean

In 2017, approx. X units of circular knitting machines were exported in Latin America and the Caribbean; going up by X% against the previous year. The circular knitting machine exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when exports increased by X% against the previous year. Over the period under review, the circular knitting machine exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, circular knitting machine exports totaled $X in 2017. The circular knitting machine exports continue to indicate a slight decrease. In that year, the circular knitting machine exports attained their peak level of $X. From 2014 to 2017, growth of the circular knitting machine exports failed to regain its momentum.

Circular Knitting Machine Exports by Country in Latin America and the Caribbean

In 2017, Honduras (X units) and Mexico (X units) were the major exporters of circular knitting machines in the globe, together reaching approx. X% of total exports. It was distantly followed by the Dominican Republic (X units), Brazil (X units) and Colombia (X units), together mixed up X% share of total exports. Nicaragua (X units), Argentina (X units), Costa Rica (X units), Peru (X units), Panama (X units) and Ecuador (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Costa Rica (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest circular knitting machine markets worldwide were Mexico ($X), Brazil ($X) and Honduras ($X), with a combined X% share of total exports. The Dominican Republic, Ecuador, Nicaragua, Peru, Colombia, Argentina, Panama and Costa Rica lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Costa Rica (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Circular Knitting Machine Export Prices by Country in Latin America and the Caribbean

In 2017, the circular knitting machine export price in Latin America and the Caribbean amounted to $X thousand per unit, reducing by -X% against the previous year. The circular knitting machine export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, an increase of X% against the previous year. In that year, the export prices for circular knitting machines attained their peak level of $X thousand per unit. From 2014 to 2017, growth of the export prices for circular knitting machines stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X thousand per unit), while Honduras ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Circular Knitting Machine Imports in Latin America and the Caribbean

In 2017, the amount of circular knitting machines imported in Latin America and the Caribbean stood at X units, going up by X% against the previous year. The circular knitting machine imports continue to indicate a perceptible drop. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, circular knitting machine imports amounted to $X in 2017. The circular knitting machine imports continue to indicate a drastic slump. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Circular Knitting Machine Imports by Country in Latin America and the Caribbean

Mexico represented the largest importer of circular knitting machines in Latin America and the Caribbean, with the volume of imports recording X units, which was near X% of total imports in 2017. Brazil (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Argentina (X%) and Honduras (X%). Colombia (X units), Peru (X units), Venezuela (X units), Ecuador (X units), Guatemala (X units) and El Salvador (X units) followed a long way behind the leaders.

Mexico experienced a relatively flat trend pattern of circular knitting machines imports. At the same time, El Salvador (+X%), Guatemala (+X%), Venezuela (+X%) and Ecuador (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Argentina (-X%), Brazil (-X%), Colombia (-X%), Peru (-X%) and Honduras (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Honduras, Peru, Brazil and Colombia increased by X%, X%, X% and X% percentage points, while Venezuela (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest circular knitting machine markets worldwide were Mexico ($X), Brazil ($X) and Argentina ($X), with a combined X% share of total imports. These countries were followed by Honduras, Venezuela, Colombia, Peru, Ecuador, Guatemala and El Salvador, which together accounted for a further X%.

Among the main importing countries , El Salvador (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Circular Knitting Machine Import Prices by Country in Latin America and the Caribbean

The circular knitting machine import price in Latin America and the Caribbean stood at $X thousand per unit in 2017, going down by -X% against the previous year. The circular knitting machine import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for circular knitting machines reached its maximum level of $X thousand per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Venezuela ($X thousand per unit), while Mexico ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform