Latin America and the Caribbean: Net Fabric Market 2024

Net Fabric Market Size in Latin America and the Caribbean

The Latin American net fabric market rose rapidly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a buoyant expansion. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Net Fabric Production in Latin America and the Caribbean

In value terms, net fabric production reduced modestly to $X in 2022 estimated in export price. In general, production, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Net Fabric Exports

Exports in Latin America and the Caribbean

In 2022, approx. X tons of tulles and other net fabrics were exported in Latin America and the Caribbean; rising by X% on the previous year. In general, exports, however, recorded a deep downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, net fabric exports soared to $X in 2022. Over the period under review, exports, however, saw a deep contraction. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Dominican Republic (X tons) and Guatemala (X tons) represented the main exporters of tulles and other net fabrics in 2022, amounting to near X% and X% of total exports, respectively. Colombia (X tons) ranks next in terms of the total exports with a X% share, followed by Brazil (X%) and Honduras (X%). Panama (X tons) followed a long way behind the leaders.

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

In value terms, Guatemala ($X), Colombia ($X) and the Dominican Republic ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The Dominican Republic, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Colombia ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

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

Net Fabric Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of tulles and other net fabrics were imported in Latin America and the Caribbean; growing by X% on the previous year's figure. Over the period under review, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, net fabric imports skyrocketed to $X in 2022. Total imports indicated a noticeable 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 pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons) and Bolivia (X tons) represented the largest importers of tulles and other net fabrics in 2022, resulting at near X% and X% of total imports, respectively. Peru (X tons) held the next position in the ranking, followed by Guatemala (X tons) and Mexico (X tons). All these countries together took approx. X% share of total imports. The following importers - the Dominican Republic (X tons) and Argentina (X tons) - together made up X% of total imports.

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

In value terms, Brazil ($X), Peru ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Dominican Republic, Guatemala, Argentina and Bolivia lagged somewhat behind, together comprising a further X%.

Argentina, 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the 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 Peru ($X per ton), while Bolivia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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