Latin America and the Caribbean: Textile Cutting Machine Market 2020

Textile Cutting Machine Market Size in Latin America and the Caribbean

The revenue of the textile cutting machine market in Latin America and the Caribbean amounted to $X in 2017, declining by -X% against the previous year. The textile cutting machine consumption continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the textile cutting machine market reached its maximum level of $X in 2016, and then declined slightly in the following year.

Textile Cutting Machine Production in Latin America and the Caribbean

In 2017, production of machines for extruding, drawing, texturing or cutting manmade textile materials in Latin America and the Caribbean stood at X units, picking up by X% against the previous year. The textile cutting machine production continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. In that year, the textile cutting machine production attained their peak volume of X units. From 2011 to 2017, growth of the textile cutting machine production stood at a somewhat lower level.

Textile Cutting Machine Exports in Latin America and the Caribbean

In 2017, exports of machines for extruding, drawing, texturing or cutting manmade textile materials in Latin America and the Caribbean totaled X units, rising by X% against the previous year. The textile cutting machine exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. In that year, the textile cutting machine exports attained their peak volume of X units. From 2011 to 2017, growth of the textile cutting machine exports failed to regain its momentum.

In value terms, textile cutting machine exports totaled $X in 2017. The textile cutting machine exports continue to indicate a measured shrinkage. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Textile Cutting Machine Exports by Country in Latin America and the Caribbean

Brazil was the key exporting country with an export of around X units, which resulted at X% of total exports. Argentina (X units) occupied the second position in the ranking, distantly followed by Mexico (X units) and Chile (X units). All these countries together occupied near X% share of total exports. The following exporters - Honduras (X units) and Peru (X units) each accounted for a X% share of total exports.

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

In value terms, Brazil ($X) remains the largest textile cutting machine supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Chile, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Chile (+X% per year).

Textile Cutting Machine Export Prices by Country in Latin America and the Caribbean

In 2017, the textile cutting machine export price in Latin America and the Caribbean amounted to $X thousand per unit, lowering by -X% against the previous year. The textile cutting machine export price continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. In that year, the export prices for machines for extruding, drawing, texturing or cutting manmade textile materials reached their peak level of $X thousand per unit. From 2012 to 2017, growth of the export prices for machines for extruding, drawing, texturing or cutting manmade textile materials failed to regain its momentum.

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

Textile Cutting Machine Imports in Latin America and the Caribbean

In 2017, approx. X units of machines for extruding, drawing, texturing or cutting manmade textile materials were imported in Latin America and the Caribbean; declining by -X% against the previous year. The textile cutting machine imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. In that year, the textile cutting machine imports attained their peak volume of X units. From 2010 to 2017, growth of the textile cutting machine imports failed to regain its momentum.

In value terms, textile cutting machine imports amounted to $X in 2017. The textile cutting machine imports continue to indicate a mild decline. In that year, the textile cutting machine imports attained their peak level of $X. From 2012 to 2017, growth of the textile cutting machine imports failed to regain its momentum.

Textile Cutting Machine Imports by Country in Latin America and the Caribbean

Brazil prevails in textile cutting machine imports structure, reaching X units, which was approx. X% of total imports in 2017. It was distantly followed by Peru (X units) and Ecuador (X units), together constituting X% share of total imports. Mexico (X units) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Peru (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Ecuador (-X%) and Mexico (-X%) illustrated a downward trend over the same period. Brazil (X%), Mexico (X%) and Ecuador (X%) significantly strengthened its position in terms of the global imports, while Peru saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Mexico ($X), Brazil ($X) and Peru ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Mexico (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Textile Cutting Machine Import Prices by Country in Latin America and the Caribbean

In 2017, the textile cutting machine import price in Latin America and the Caribbean amounted to $X thousand per unit, going up by X% against the previous year. The textile cutting machine import price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2013, when the import prices increased by X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

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