Latin America and the Caribbean: Parachute Market 2024

Parachute Market Size in Latin America and the Caribbean

The Latin American parachute market shrank modestly to $X in 2022, stabilizing at the previous year. Over the period under review, consumption saw a perceptible contraction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Parachute Production in Latin America and the Caribbean

In value terms, parachute production dropped modestly to $X in 2022 estimated in export price. In general, production saw a pronounced decline. The pace of growth appeared the most rapid 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 lower figure.

Parachute Exports

Exports in Latin America and the Caribbean

Parachute exports declined notably to X tons in 2022, waning by X% compared with the year before. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, parachute exports contracted notably to $X in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the largest exporting country with an export of around X tons, which recorded X% of total exports. Colombia (X tons) ranks second in terms of the total exports with a X% share, followed by Honduras (X%) and Chile (X%).

From 2012 to 2022, average annual rates of growth with regard to parachute exports from Brazil stood at X%. At the same time, Chile (X%) and Colombia (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, Honduras (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Colombia and Chile increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X), Chile ($X) and Honduras ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

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

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 Chile ($X per ton), while Colombia ($X per ton) 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 mixed trends in the export price figures.

Parachute Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of parachutes and rotochutes were imported in Latin America and the Caribbean; waning by X% on 2021. Overall, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, parachute imports reduced remarkably to $X in 2022. Over the period under review, imports saw a slight decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of parachute imports in 2022 were Colombia (X tons), Chile (X tons), Brazil (X tons) and Peru (X tons), together amounting to X% of total import. It was distantly followed by Argentina (X tons), making up a X% share of total imports. The following importers - Belize (X tons) and Guatemala (X tons) - each accounted for a X% share of total imports.

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

In value terms, Colombia ($X), Chile ($X) and Brazil ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Argentina, Guatemala, Peru and Belize lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Belize, with a CAGR of X%, recorded the highest growth rate of 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 ton, declining by X% against the previous year. Import price indicated a slight increase 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. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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