Latin America and the Caribbean: Market for Bed Linen Of Knitted Or Crocheted Textiles 2025

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

The Latin American market for bed linen of knitted or crocheted textiles contracted modestly to $X in 2022, which is down by -4.2% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of bed linen of knitted or crocheted textiles reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports in Latin America and the Caribbean

In 2022, exports of bed linen of knitted or crocheted textiles in Latin America and the Caribbean surged to X tons, increasing by 50% against the previous year. Overall, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 149%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of bed linen of knitted or crocheted textiles skyrocketed to $X in 2022. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 174% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Mexico (X tons) and the Dominican Republic (X tons) were the key exporters of bed linen of knitted or crocheted textiles in Latin America and the Caribbean, together committing 83% of total exports. It was distantly followed by Guatemala (X tons), committing a 14% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Guatemala (with a CAGR of +60.6%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the Dominican Republic ($X) and Guatemala ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 96% share of total exports.

In terms of the main exporting countries, Guatemala, with a CAGR of +40.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, which is down by -21% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 31%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Mexico ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.7%), while the other leaders experienced a decline in the export price figures.

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports in Latin America and the Caribbean

Imports of bed linen of knitted or crocheted textiles fell modestly to X tons in 2022, flattening at the year before. Total imports indicated a perceptible expansion from 2012 to 2022: its volume 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, imports increased by +51.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, imports of bed linen of knitted or crocheted textiles shrank to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +48.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Chile (X tons) and the Dominican Republic (X tons) represented roughly 58% of total imports in 2022. Mexico (X tons) ranks next in terms of the total imports with an 8.3% share, followed by Nicaragua (6.6%) and Peru (4.8%). The following importers - Bahamas (X tons), Costa Rica (X tons), Guyana (X tons), Colombia (X tons), Panama (X tons) and Honduras (X tons) - together made up 12% of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +37.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), the Dominican Republic ($X) and Mexico ($X) were the countries with the highest levels of imports in 2022, with a combined 73% share of total imports.

Chile, with a CAGR of +25.0%, recorded 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, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2016 an increase of 17% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahamas ($X per ton), while Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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