Latin America and the Caribbean: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in Latin America and the Caribbean

In 2022, the Latin American narrow woven fabric market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a perceptible decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Narrow Woven Fabric Production in Latin America and the Caribbean

In value terms, narrow woven fabric production fell slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Narrow Woven Fabric Exports

Exports in Latin America and the Caribbean

In 2022, the amount of narrow woven fabrics exported in Latin America and the Caribbean shrank dramatically to X tons, declining by X% on the previous year's figure. Overall, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, narrow woven fabric exports declined to $X in 2022. Over the period under review, exports recorded a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Brazil (X tons) and El Salvador (X tons) were the key exporters of narrow woven fabrics in Latin America and the Caribbean, together finishing at near X% of total exports. Mexico (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Honduras (X%), Guatemala (X%), Peru (X%) and Paraguay (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Paraguay (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest narrow woven fabric supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with an X% share of total exports. It was followed by Honduras, with a X% share.

In Mexico, narrow woven fabric exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: El Salvador (X% per year) and Honduras (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Narrow Woven Fabric Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of narrow woven fabrics increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, narrow woven fabric imports amounted to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Mexico (X tons), Brazil (X tons) and Chile (X tons) represented roughly X% of total imports in 2022. The Dominican Republic (X tons) held the next position in the ranking, followed by Guatemala (X tons), Peru (X tons), Colombia (X tons) and El Salvador (X tons). All these countries together took near X% share of total imports. Nicaragua (X tons), Paraguay (X tons), Ecuador (X tons), Argentina (X tons) and Haiti (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Nicaragua (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported narrow woven fabrics in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and the Dominican Republic (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, remaining constant against the previous year. Import price indicated buoyant growth from 2012 to 2022: its price 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, narrow woven fabric import price increased by X% against 2018 indices. The growth pace was the most rapid in 2015 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :