Latin America and the Caribbean: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Latin America and the Caribbean

The Latin American market for braids in the piece, tassels and pompons, ornamental trimmings expanded modestly to $X in 2021, increasing by X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Latin America and the Caribbean

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings expanded modestly to $X in 2021 estimated in export price. The total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports in Latin America and the Caribbean

In 2021, the amount of braids in the piece, tassels and pompons, ornamental trimmings exported in Latin America and the Caribbean reduced to X tons, shrinking by -X% against the previous year. Total exports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings rose sharply to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Mexico dominates trimmings structure, accounting for X tons, which was approx. X% of total exports in 2021. The following exporters - Jamaica (X tons), Colombia (X tons) and Peru (X tons) - together made up X% of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2012 to 2021. At the same time, Peru (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Jamaica (-X%) and Colombia (-X%) illustrated a downward trend over the same period. percentage points. Jamaica (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest braids, tassels, pompons and ornamental trimmings supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (+X% per year) and Peru (+X% per year).

Export Prices by Country

In 2021, the al trimmings in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($X per ton), while Jamaica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports in Latin America and the Caribbean

In 2021, after two years of decline, there was growth in overseas purchases of braids in the piece, tassels and pompons, ornamental trimmings, when their volume increased by X% to X tons. In general, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings totaled $X in 2021. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Mexico (X tons), distantly followed by Brazil (X tons), Colombia (X tons), the Dominican Republic (X tons), El Salvador (X tons), Chile (X tons) and Honduras (X tons) represented the largest importers of braids in the piece, tassels and pompons, ornamental trimmings, together creating X% of total imports.

From 2012 to 2021, the biggest increases were in Honduras (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported braids in the piece, tassels and pompons, ornamental trimmings in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by the Dominican Republic, with a X% share.

In Mexico, imports of braids in the piece, tassels and pompons, ornamental trimmings declined by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and the Dominican Republic (+X% per year).

Import Prices by Country

The al trimmings in Latin America and the Caribbean stood at $X per ton in 2021, shrinking by -X% against the previous year. Overall, the import price showed a slight decline. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Honduras ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by El Salvador (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform