Latin America and the Caribbean: Market for Table Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in the Latin American market for table linen of knitted or crocheted textiles, when its value decreased by X% to $X. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then contracted sharply in the following year.

Production of Table Linen Of Knitted Or Crocheted Textiles in Latin America and the Caribbean

In value terms, table linen of crocheted textile production declined to $X in 2022 estimated in export price. The total production 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports in Latin America and the Caribbean

In 2022, shipments abroad of table linen of knitted or crocheted textiles increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile exports soared to $X in 2022. In general, exports enjoyed a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Peru (X tons) and Ecuador (X tons), together achieving an X% share of total exports. The following exporters - Guatemala (X tons) and Panama (X tons) - together made up X% of total exports.

Exports from Chile increased at an average annual rate of X% from 2012 to 2022. At the same time, Guatemala (X%), Peru (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Panama (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Peru, Ecuador and Guatemala increased by X, X, X and X percentage points, respectively.

In value terms, the largest table linen of crocheted textile supplying countries in Latin America and the Caribbean were Peru ($X), Chile ($X) and Guatemala ($X), together accounting for X% of total exports.

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

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price posted a prominent increase. As a result, the export price attained 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 Peru ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports in Latin America and the Caribbean

In 2022, the amount of table linen of knitted or crocheted textiles imported in Latin America and the Caribbean fell to X tons, shrinking by X% against 2021 figures. Over the period under review, imports showed a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, table linen of crocheted textile imports soared to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Chile (X tons) and Peru (X tons) dominates imports structure, together generating X% of total imports. It was distantly followed by Colombia (X tons), comprising a X% share of total imports. The following importers - the Dominican Republic (X tons), Ecuador (X tons), Trinidad and Tobago (X tons), Bahamas (X tons), Uruguay (X tons) and Panama (X tons) - together made up X% of total imports.

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

In value terms, the largest table linen of crocheted textile importing markets in Latin America and the Caribbean were Chile ($X), Peru ($X) and Colombia ($X), with a combined X% share of total imports. Bahamas, Ecuador, Panama, Uruguay, the Dominican Republic and Trinidad and Tobago lagged somewhat behind, together comprising a further X%.

Panama, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated moderate 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform