Latin America and the Caribbean: Cotton Terry Towelling Market 2020

Cotton Terry Towelling Exports in Latin America and the Caribbean

In 2017, the amount of terry towelling of cotton exported in Latin America and the Caribbean amounted to X square meters, coming down by -X% against the previous year. The cotton terry towelling exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. In that year, the cotton terry towelling exports attained their peak volume of X square meters. From 2009 to 2017, growth of the cotton terry towelling exports stood at a somewhat lower level.

In value terms, cotton terry towelling exports amounted to $X in 2017. The cotton terry towelling exports continue to indicate an abrupt curtailment. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Cotton Terry Towelling Exports by Country in Latin America and the Caribbean

Argentina (X square meters) and Brazil (X square meters) prevails in cotton terry towelling exports structure, together achieving X% of total exports. It was distantly followed by Peru (X square meters), generating X% share of total exports. Colombia (X square meters) occupied the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Peru (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the largest cotton terry towelling markets worldwide were Brazil ($X), Argentina ($X) and Peru ($X), together accounting for X% of total exports.

Peru (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Cotton Terry Towelling Export Prices by Country in Latin America and the Caribbean

The cotton terry towelling export price in Latin America and the Caribbean stood at $X per thousand square meters in 2017, reducing by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the export prices for terry towelling of cotton attained its peak figure level of $X per thousand square meters in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per thousand square meters), while Argentina ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

Cotton Terry Towelling Imports in Latin America and the Caribbean

The imports amounted to X square meters in 2017, going down by -X% against the previous year. The cotton terry towelling imports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. In that year, the cotton terry towelling imports attained their peak volume of X square meters. From 2009 to 2017, growth of the cotton terry towelling imports stood at a somewhat lower level.

In value terms, cotton terry towelling imports totaled $X in 2017. The cotton terry towelling imports continue to indicate an abrupt curtailment. In that year, the cotton terry towelling imports attained their peak level of $X. From 2009 to 2017, growth of the cotton terry towelling imports stood at a somewhat lower level.

Cotton Terry Towelling Imports by Country in Latin America and the Caribbean

Brazil was the key importer of terry towelling of cotton in Latin America and the Caribbean, with the volume of imports reaching X square meters, which was near X% of total imports in 2017. It was distantly followed by Argentina (X square meters) and Colombia (X square meters), together achieving X% share of total imports. Paraguay (X square meters), Mexico (X square meters), Chile (X square meters) and Ecuador (X square meters) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to cotton terry towelling imports into Brazil stood at -X%. At the same time, Ecuador (+X%), Paraguay (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Chile (-X%), Mexico (-X%) and Argentina (-X%) illustrated a downward trend over the same period. Brazil (X%), Argentina (X%) and Mexico (X%) significantly strengthened its position in terms of the global imports, while Paraguay, Ecuador and Colombia saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cotton terry towelling markets worldwide were Argentina ($X), Brazil ($X) and Colombia ($X), together comprising X% of total imports. These countries were followed by Ecuador, Paraguay, Mexico and Chile, which together accounted for a further X%.

In terms of the main importing countries , Ecuador (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Cotton Terry Towelling Import Prices by Country in Latin America and the Caribbean

In 2017, the cotton terry towelling import price in Latin America and the Caribbean amounted to $X per thousand square meters, waning by -X% against the previous year. The cotton terry towelling import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% y-o-y. The level of import price peaked of $X per thousand square meters in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Ecuador ($X per square meter), while Brazil ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ecuador (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform