Latin America and the Caribbean: Knitted Fabric Market 2020

Knitted Fabric Market Size in Latin America and the Caribbean

The revenue of the knitted fabric market in Latin America and the Caribbean amounted to $X in 2017, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The knitted fabric consumption continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. The level of knitted fabric consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Fabric Exports in Latin America and the Caribbean

In 2017, knitted fabric exports in Latin America and the Caribbean totaled X square meters, increasing by X% against the previous year. The knitted fabric exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017, when exports increased by X% against the previous year. In that year, the knitted fabric exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, knitted fabric exports amounted to $X in 2017. The knitted fabric exports continue to indicate a strong increase. Over the period under review, the knitted fabric exports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Knitted Fabric Exports by Country in Latin America and the Caribbean

Honduras (X square meters) and El Salvador (X square meters) represented the major exporters of knitted or crocheted fabrics (excluding pile fabrics) in 2017, resulting at near X% and X% of total exports, respectively. Belize (X square meters) held a X% share (based on tons) of total exports, which put it in second place, followed by Mexico (X%), Guatemala (X%) and Brazil (X%). Chile (X square meters) 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 El Salvador (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest knitted fabric markets worldwide were Honduras ($X), Chile ($X) and Mexico ($X), with a combined X% share of total exports.

Chile (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Fabric Export Prices by Country in Latin America and the Caribbean

The knitted fabric export price in Latin America and the Caribbean stood at $X per square meter in 2017, falling by -X% against the previous year. The knitted fabric export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, an increase of X% against the previous year. Over the period under review, the export prices for knitted or crocheted fabrics (excluding pile fabrics) reached its maximum level of $X per square meter in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Chile ($X per square meter), while Guatemala ($X per thousand square meters) was amongst the lowest.

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

Knitted Fabric Imports in Latin America and the Caribbean

In 2017, approx. X square meters of knitted or crocheted fabrics (excluding pile fabrics) were imported in Latin America and the Caribbean; increasing by X% against the previous year. The knitted fabric imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. The volume of imports peaked of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, knitted fabric imports stood at $X in 2017. The knitted fabric imports continue to indicate an abrupt deduction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Fabric Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X square meters) represented the key importer for knitted or crocheted fabrics (excluding pile fabrics), committing X% of total imports. The Dominican Republic (X square meters) took a X% share (based on tons) of total imports, which put it in second place, followed by Brazil (X%), Paraguay (X%), El Salvador (X%) and Chile (X%). Guatemala (X square meters) followed a long way behind the leaders.

Imports into Mexico decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Chile (+X%), Paraguay (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Guatemala (-X%), the Dominican Republic (-X%) and El Salvador (-X%) illustrated a downward trend over the same period. While the share of Mexico (X%), the Dominican Republic (X%) and El Salvador (X%) increased significantly in terms of the global imports from 2007-2017, the share of Chile (-X%) and Paraguay (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest knitted fabric markets worldwide were Mexico ($X), Brazil ($X) and the Dominican Republic ($X), with a combined X% share of total imports. El Salvador, Paraguay, Chile and Guatemala lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Chile (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Fabric Import Prices by Country in Latin America and the Caribbean

In 2017, the knitted fabric import price in Latin America and the Caribbean amounted to $X per square meter, stabilizing at the previous year. The knitted fabric import price continues to indicate a slight increase. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. In that year, the import prices for knitted or crocheted fabrics (excluding pile fabrics) reached their peak level of $X per square meter. From 2015 to 2017, growth of the import prices for knitted or crocheted fabrics (excluding pile fabrics) stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per square meter), while Guatemala ($X per thousand square meters) was amongst the lowest.

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

Source: IndexBox Platform