Latin America and the Caribbean: Knitted Ski-Suit Market 2024

Knitted Ski-Suit Market Size in Latin America and the Caribbean

The Latin American knitted ski-suit market expanded markedly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Knitted Ski-Suit Production in Latin America and the Caribbean

In value terms, knitted ski-suit production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Knitted Ski-Suit Exports

Exports in Latin America and the Caribbean

In 2022, the amount of ski-suits of knitted or crocheted textiles exported in Latin America and the Caribbean rose notably to X units, with an increase of X% on 2021. Overall, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, knitted ski-suit exports reduced slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia was the major exporting country with an export of around X units, which reached X% of total exports. Brazil (X units) ranks second in terms of the total exports with a X% share, followed by the Dominican Republic (X%), Guatemala (X%) and Peru (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Dominican Republic (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Colombia ($X) remains the largest knitted ski-suit supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a 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 Colombia amounted to X%. In the other countries, the average annual rates were as follows: Brazil (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, waning by X% against the previous year. In general, the export price saw a mild setback. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

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

Knitted Ski-Suit Imports

Imports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in supplies from abroad of ski-suits of knitted or crocheted textiles, which increased by X% to X units in 2022. Over the period under review, imports enjoyed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 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, knitted ski-suit imports contracted remarkably to $X in 2022. Total imports indicated a slight 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

The Dominican Republic represented the key importer of ski-suits of knitted or crocheted textiles in Latin America and the Caribbean, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Panama (X units) and Chile (X units), together constituting a X% share of total imports. Guatemala (X units), Colombia (X units) and Brazil (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to knitted ski-suit imports into the Dominican Republic stood at X%. At the same time, Panama (X%), Brazil (X%), Colombia (X%), Guatemala (X%) and Chile (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Dominican Republic, Panama and Brazil increased by X, X and X percentage points, respectively.

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

Panama, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in Latin America and the Caribbean stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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