Bolivia: Baby Clothes Market 2024

Baby Clothes Market Size in Bolivia

The Bolivian baby clothes market was finally on the rise to reach $X in 2022, after two years of decline. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -14.4% against 2019 indices. Baby clothes consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Baby Clothes Production in Bolivia

In value terms, baby clothes production rose to $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 319% against the previous year. Baby clothes production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Baby Clothes Exports

Exports from Bolivia

In 2022, approx. X tons of babies clothing and accessories (not knitted or crocheted) were exported from Bolivia; shrinking by -13.5% compared with the previous year. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 277%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, baby clothes exports contracted markedly to $X in 2022. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 199% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for baby clothes exports from Bolivia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile stood at -10.4%.

In value terms, Chile ($X) also remains the key foreign market for babies clothing and accessories (not knitted or crocheted) exports from Bolivia.

From 2012 to 2022, the average annual rate of growth in terms of value to Chile stood at -14.8%.

Export Prices by Country

The average baby clothes export price stood at $X per ton in 2022, which is down by -20% against the previous year. Over the period under review, the export price recorded a perceptible setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -4.9% per year.

Baby Clothes Imports

Imports into Bolivia

In 2022, after three years of decline, there was significant growth in overseas purchases of babies clothing and accessories (not knitted or crocheted), when their volume increased by 11% to X tons. Overall, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 65%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, baby clothes imports rose markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 71%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest baby clothes supplier to Bolivia, with a 59% share of total imports. Moreover, baby clothes imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Bangladesh (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+28.4% per year) and Bangladesh (+53.8% per year).

In value terms, China ($X) constituted the largest supplier of babies clothing and accessories (not knitted or crocheted) to Bolivia, comprising 45% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 19% share of total imports. It was followed by Vietnam, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+35.1% per year) and Vietnam (+35.6% per year).

Import Prices by Country

The average baby clothes import price stood at $X per ton in 2022, remaining stable against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby clothes import price decreased by -12.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Spain ($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 (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform