Latin America and the Caribbean: Machine-Made Lace Market 2020

Machine-Made Lace Market Size in Latin America and the Caribbean

The revenue of the machine-made lace market in Latin America and the Caribbean amounted to $X in 2017, coming up by X% against the previous year. The machine-made lace consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. The level of machine-made lace consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Machine-Made Lace Production in Latin America and the Caribbean

The machine-made lace production stood at X tons in 2017, flattening at the previous year. The total output indicated a mild growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the machine-made lace production decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. In that year, the machine-made lace production reached their peak volume of X tons. From 2013 to 2017, growth of the machine-made lace production stood at a somewhat lower level.

Machine-Made Lace Exports in Latin America and the Caribbean

In 2017, exports of machine-made lace in the piece in Latin America and the Caribbean stood at X tons, reducing by -X% against the previous year. The machine-made lace exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, machine-made lace exports amounted to $X in 2017. The machine-made lace exports continue to indicate a noticeable decrease. Over the period under review, the machine-made lace exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Machine-Made Lace Exports by Country in Latin America and the Caribbean

Colombia prevails in machine-made lace exports structure, finishing at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Mexico (X tons) and Guatemala (X tons), together achieving X% share of total exports. The following exporters - Honduras (X tons), Brazil (X tons), Panama (X tons) and El Salvador (X tons) together made up X% of total exports.

Exports from Colombia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, El Salvador (+X%), Panama (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Guatemala (-X%), Honduras (-X%) and Mexico (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Colombia, Mexico, Honduras and Guatemala increased by X%, X%, X% and X% percentage points, while Panama (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest machine-made lace supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Honduras ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Colombia amounted to -X%. In the other countries, the average annual rates were as follows: Honduras (-X% per year) and Brazil (+X% per year).

Machine-Made Lace Export Prices by Country in Latin America and the Caribbean

The machine-made lace export price in Latin America and the Caribbean stood at $X per kg in 2017, going down by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. Over the period under review, the export prices for machine-made lace in the piece attained its maximum level of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

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

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

Machine-Made Lace Imports in Latin America and the Caribbean

The imports stood at X tons in 2017, dropping by -X% against the previous year. The machine-made lace imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, machine-made lace imports totaled $X in 2017. The total imports indicated a mild expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the machine-made lace imports decreased by -X% against 2013 indices. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Machine-Made Lace Imports by Country in Latin America and the Caribbean

Brazil dominates machine-made lace imports structure, reaching X tons, which was approx. X% of total imports in 2017. It was distantly followed by Mexico (X tons), Honduras (X tons), Guatemala (X tons) and Peru (X tons), together constituting X% share of total imports. The following importers - Ecuador (X tons) and El Salvador (X tons) together made up X% of total imports.

Brazil was also the fastest growing in terms of the machine-made lace in the piece imports, with a CAGR of +X% from 2007 to 2017. At the same time, Ecuador (+X%), Peru (+X%), Guatemala (+X%), Mexico (+X%) and El Salvador (+X%) displayed positive paces of growth. Honduras experienced a relatively flat trend pattern. From 2007 to 2017, the share of Ecuador, Peru and Brazil decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported machine-made lace in the piece in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Guatemala, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Brazil totaled +X%. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Guatemala (+X% per year).

Machine-Made Lace Import Prices by Country in Latin America and the Caribbean

In 2017, the machine-made lace import price in Latin America and the Caribbean amounted to $X per ton, waning by -X% against the previous year. The machine-made lace import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The level of import price peaked of $X per kg in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was El Salvador ($X per kg), while Brazil ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform