Latin America and the Caribbean: Men Swimwear Market 2024

Men Swimwear Market Size in Latin America and the Caribbean

The Latin American men swimwear market totaled $X in 2022, picking up by X% against the previous year. The total consumption indicated a prominent 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. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Men Swimwear Production in Latin America and the Caribbean

In value terms, men swimwear production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, posted strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Men Swimwear Exports

Exports in Latin America and the Caribbean

In 2022, the amount of mens swimwear (excluding of knitted or crocheted textiles) exported in Latin America and the Caribbean skyrocketed to X units, growing by X% compared with 2021 figures. Overall, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, men swimwear exports skyrocketed to $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Mexico prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Colombia (X units), generating a X% share of total exports. Panama (X units) followed a long way behind the leaders.

Mexico was also the fastest-growing in terms of the mens swimwear (excluding of knitted or crocheted textiles) exports, with a CAGR of X% from 2012 to 2022. Colombia experienced a relatively flat trend pattern. Panama (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mexico increased by X percentage points.

In value terms, Mexico ($X) emerged as the largest men swimwear supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with an X% share of total exports.

In Mexico, men swimwear exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Panama (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Mexico ($X per unit) was amongst the lowest.

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

Men Swimwear Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of mens swimwear (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, men swimwear imports surged to $X in 2022. Total imports indicated a resilient expansion 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico was the key importer of mens swimwear (excluding of knitted or crocheted textiles) in Latin America and the Caribbean, with the volume of imports recording X units, which was near X% of total imports in 2022. It was distantly followed by Chile (X units) and Argentina (X units), together constituting a X% share of total imports. The following importers - Peru (X units), Uruguay (X units), Brazil (X units) and Colombia (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported mens swimwear (excluding of knitted or crocheted textiles) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Argentina, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

The import 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 import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while Argentina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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