Report Latin America and the Caribbean - Embroidery (Without Visible Ground) in The Piece - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 25, 2022

Latin America and the Caribbean - Embroidery (Without Visible Ground) in The Piece - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Embroidery Market 2022

Embroidery Market Size in Latin America and the Caribbean

The Latin American embroidery market rose rapidly to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Embroidery Production in Latin America and the Caribbean

In value terms, embroidery production expanded rapidly to $X in 2021 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Embroidery Exports

Exports in Latin America and the Caribbean

In 2021, shipments abroad of embroidery (without visible ground) in the piece decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, embroidery exports reduced to $X in 2021. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Peru was the main exporter of embroidery (without visible ground) in the piece in Latin America and the Caribbean, with the volume of exports recording X kg, which was near X% of total exports in 2021. Brazil (X kg) ranks second in terms of the total exports with a X% share, followed by Colombia (X%) and Panama (X%). Ecuador (X kg) held a little share of total exports.

Peru was also the fastest-growing in terms of the embroidery (without visible ground) in the piece exports, with a CAGR of +X% from 2012 to 2021. Brazil (-X%), Colombia (-X%), Panama (-X%) and Ecuador (-X%) illustrated a downward trend over the same period. Peru (+X p.p.) and Brazil (+X p.p.) significantly strengthened its position in terms of the total exports, while Colombia, Ecuador and Panama saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, the largest embroidery supplying countries in Latin America and the Caribbean were Peru ($X), Colombia ($X) and Brazil ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Peru, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted a slight expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was Colombia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+X%), while the other leaders experienced more modest paces of growth.

Embroidery Imports

Imports in Latin America and the Caribbean

In 2021, supplies from abroad of embroidery (without visible ground) in the piece decreased by -X% to X tons, falling for the third year in a row after two years of growth. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, embroidery imports dropped markedly to $X in 2021. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Brazil represented the main importer of embroidery (without visible ground) in the piece in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was near X% of total imports in 2021. It was distantly followed by Colombia (X tons), Peru (X tons) and Mexico (X tons), together generating a X% share of total imports. The following importers - Paraguay (X tons), Ecuador (X tons) and Argentina (X tons) - together made up X% of total imports.

Imports into Brazil decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Colombia (+X%), Paraguay (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Mexico (-X%), Argentina (-X%) and Ecuador (-X%) illustrated a downward trend over the same period. Colombia (+X p.p.), Peru (+X p.p.), Paraguay (+X p.p.) and Mexico (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Colombia ($X) and Peru ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports.

Peru, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, which is down by -X% against the previous year. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Colombia ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for embroidery (without visible ground) in the piece in LatAmerica and the Caribbean?
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The countries with the highest volumes of consumption in 2021 were Brazil, Mexico and Argentina, together accounting for 55% of total consumption. These countries were followed by Colombia, Venezuela, Peru, Chile, Ecuador, the Dominican Republic, Paraguay, Bolivia, El Salvador and Honduras, which together accounted for a further 36%.
What are the largest producers of embroidery (without visible ground) in the piece in LatAmerica and the Caribbean?
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The countries with the highest volumes of production in 2021 were Brazil, Mexico and Argentina, together comprising 54% of total production. Colombia, Venezuela, Peru, Chile, the Dominican Republic, Ecuador, Paraguay, Bolivia, El Salvador and Nicaragua lagged somewhat behind, together comprising a further 37%.
What are the leading exporters of embroidery (without visible ground) in the piece in LatAmerica and the Caribbean?
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In value terms, Peru, Colombia and Brazil were the countries with the highest levels of exports in 2021, with a combined 89% share of total exports.
What are the leading importers of embroidery (without visible ground) in the piece in LatAmerica and the Caribbean?
+
In value terms, the largest embroidery importing markets in Latin America and the Caribbean were Brazil, Colombia and Peru, with a combined 80% share of total imports.
What is the average export price for embroidery (without visible ground) in the piece in LatAmerica and the Caribbean?
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In 2021, the export price in Latin America and the Caribbean amounted to $101,093 per ton, growing by 71% against the previous year.
What is the average import price for embroidery (without visible ground) in the piece in LatAmerica and the Caribbean?
+
The import price in Latin America and the Caribbean stood at $13,763 per ton in 2021, declining by -7.8% against the previous year.

This report provides an in-depth analysis of the embroidery market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 13991230 - Embroidery (without visible ground) in the piece, in strips or in motifs
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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