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

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

The Latin American market for table linen of knitted or crocheted textiles soared to $X in 2021, picking up by 18% against the previous year. Over the period under review, consumption, however, showed a noticeable decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, table linen of crocheted textile production surged to $X in 2021 estimated in export price. In general, production, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by 52% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports in Latin America and the Caribbean

In 2021, overseas shipments of table linen of knitted or crocheted textiles decreased by -4.2% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 232%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, table linen of crocheted textile exports fell modestly to $X in 2021. Over the period under review, exports showed a mild decline. The pace of growth appeared the most rapid in 2015 when exports increased by 141%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Chile represented the key exporting country with an export of about X tons, which recorded 69% of total exports. It was distantly followed by Colombia (X tons) and Guatemala (X tons), together committing a 15% share of total exports. The following exporters - Mexico (X tons), Ecuador (X tons), Peru (X tons) and Panama (X tons) - together made up 12% of total exports.

Exports from Chile increased at an average annual rate of +8.4% from 2012 to 2021. At the same time, Guatemala (+45.7%) and Panama (+7.0%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +45.7% from 2012-2021. Mexico experienced a relatively flat trend pattern. By contrast, Colombia (-3.6%), Ecuador (-3.7%) and Peru (-7.6%) illustrated a downward trend over the same period. Chile (+25 p.p.) and Guatemala (+4.5 p.p.) significantly strengthened its position in terms of the total exports, while Mexico, Ecuador, Peru and Colombia saw its share reduced by -1.6%, -2.6%, -3.9% and -9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest table linen of crocheted textile supplier in Latin America and the Caribbean, comprising 66% of total exports. The second position in the ranking was taken by Colombia ($X), with a 13% share of total exports. It was followed by Peru, with a 4.9% share.

In Chile, table linen of crocheted textile exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-4.9% per year) and Peru (-6.3% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, rising by 4.3% against the previous year. In general, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2017 when the export price increased by 63% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+6.5%), while the other leaders experienced more modest paces of growth.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports in Latin America and the Caribbean

In 2021, table linen of crocheted textile imports in Latin America and the Caribbean skyrocketed to X tons, picking up by 23% compared with 2020. In general, imports, however, recorded a noticeable reduction. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, table linen of crocheted textile imports skyrocketed to $X in 2021. Overall, imports, however, recorded a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of 37%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Peru was the main importing country with an import of about X tons, which resulted at 57% of total imports. It was distantly followed by Chile (X tons), making up a 15% share of total imports. Colombia (X tons), Trinidad and Tobago (X tons), Guatemala (X tons), Ecuador (X tons), Argentina (X tons) and El Salvador (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to table linen of crocheted textile imports into Peru stood at +2.2%. At the same time, El Salvador (+13.8%), Chile (+5.0%), Ecuador (+4.0%), Trinidad and Tobago (+3.2%), Argentina (+3.0%) and Guatemala (+2.7%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +13.8% from 2012-2021. By contrast, Colombia (-11.0%) illustrated a downward trend over the same period. While the share of Peru (+18 p.p.), Chile (+7.2 p.p.) and El Salvador (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Colombia (-5.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) constitutes the largest market for imported table linen of knitted or crocheted textiles in Latin America and the Caribbean, comprising 52% of total imports. The second position in the ranking was held by Chile ($X), with an 18% share of total imports. It was followed by Ecuador, with a 3.9% share.

In Peru, table linen of crocheted textile imports expanded at an average annual rate of +6.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Chile (-4.1% per year) and Ecuador (+5.8% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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