Latin America and the Caribbean: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in Latin America and the Caribbean

In 2022, the Latin American textile relling machine market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a perceptible 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, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Textile Relling Machine Production in Latin America and the Caribbean

In value terms, textile relling machine production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Textile Relling Machine Exports

Exports in Latin America and the Caribbean

In 2022, the amount of machines for reeling, unreeling or textile fabrics exported in Latin America and the Caribbean expanded markedly to X units, with an increase of X% compared with 2021. In general, exports saw a modest expansion. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, textile relling machine exports skyrocketed to $X in 2022. Overall, exports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Brazil (X units) was the main exporter of machines for reeling, unreeling or textile fabrics, mixing up X% of total exports. The Dominican Republic (X units) took the second position in the ranking, followed by Chile (X units), Honduras (X units) and Mexico (X units). All these countries together took approx. X% share of total exports. The following exporters - El Salvador (X units) and Uruguay (X units) - together made up X% of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%), Uruguay (X%), Honduras (X%) and the Dominican Republic (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, El Salvador (X%) and Mexico (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.), Chile (X p.p.), the Dominican Republic (X p.p.), Honduras (X p.p.) and Uruguay (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of El Salvador (X p.p.) and Mexico (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest textile relling machine supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with an X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the Dominican Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the other leaders experienced more modest paces of growth.

Textile Relling Machine Imports

Imports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in overseas purchases of machines for reeling, unreeling or textile fabrics, which increased by X% to X units in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, textile relling machine imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Brazil was the key importing country with an import of about X units, which finished at X% of total imports. Chile (X units) held the second position in the ranking, distantly followed by Mexico (X units). All these countries together held approx. X% share of total imports. Bolivia (X units), the Dominican Republic (X units) and Argentina (X units) took a little share of total imports.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Dominican Republic (X%), Chile (X%) and Argentina (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Mexico experienced a relatively flat trend pattern. By contrast, Bolivia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile and the Dominican Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest textile relling machine importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Argentina ($X), together comprising X% of total imports. The Dominican Republic, Chile and Bolivia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, the Dominican Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per unit), while Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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