Latin America and the Caribbean: Market for Scissors and Tailor Shears 2024

Market Size for Scissors and Tailor Shears in Latin America and the Caribbean

The Latin American scissors and tailor shears market surged to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Scissors and Tailor Shears in Latin America and the Caribbean

In value terms, scissors and tailor shears production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Exports of Scissors and Tailor Shears

Exports in Latin America and the Caribbean

In 2022, after seven years of decline, there was significant growth in overseas shipments of scissors and tailor shears, when their volume increased by X% to X units. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, scissors and tailor shears exports totaled $X in 2022. Overall, exports, however, showed a drastic downturn. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X units) and Brazil (X units) represented roughly X% of total exports in 2022. It was distantly followed by Peru (X units) and Chile (X units), together making up a X% share of total exports. Mexico (X units), El Salvador (X units) and Guatemala (X units) held a relatively small share of total exports.

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

In value terms, Brazil ($X), Colombia ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Chile, Peru, El Salvador and Guatemala lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Peru, 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 unit, with a decrease of X% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while Guatemala ($X per unit) 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.

Imports of Scissors and Tailor Shears

Imports in Latin America and the Caribbean

In 2022, purchases abroad of scissors and tailor shears increased by X% to X units, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, scissors and tailor shears imports skyrocketed 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X units), distantly followed by Chile (X units), Mexico (X units), Colombia (X units), Peru (X units), Argentina (X units) and Guatemala (X units) represented the key importers of scissors and tailor shears, together committing X% of total imports. Ecuador (X units), Honduras (X units), Venezuela (X units), El Salvador (X units), Costa Rica (X units) and the Dominican Republic (X units) held a relatively small share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, the Dominican Republic (X%), Chile (X%), Honduras (X%), Argentina (X%), Ecuador (X%), El Salvador (X%), Peru (X%), Guatemala (X%), Colombia (X%) and Costa Rica (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, Venezuela (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Peru (X p.p.), Argentina (X p.p.) and the Dominican Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.), Mexico (X p.p.) and Venezuela (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Chile ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Argentina, Peru, Colombia, Guatemala, Ecuador, Costa Rica, Venezuela, the Dominican Republic, El Salvador and Honduras lagged somewhat behind, together accounting for a further X%.

The Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a somewhat 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 Mexico ($X per unit), while Honduras ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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