Latin America and the Caribbean: Market for Tailor Dummies And Automata 2025

Market Size for Tailor Dummies And Automata in Latin America and the Caribbean

The Latin American tailor dummies and automata market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption, however, saw a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Tailor Dummies And Automata in Latin America and the Caribbean

In value terms, tailor dummies and automata production totaled $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep contraction. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Tailor Dummies And Automata

Exports in Latin America and the Caribbean

In 2021, overseas shipments of tailor dummies and automata were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, recorded a deep slump. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, tailor dummies and automata exports dropped notably to $X in 2021. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 43% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mexico was the largest exporter of tailor dummies and automata in Latin America and the Caribbean, with the volume of exports finishing at X tons, which was near 60% of total exports in 2021. Brazil (X tons) held the second position in the ranking, distantly followed by El Salvador (X tons). All these countries together held approx. 35% share of total exports. Peru (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to tailor dummies and automata exports from Mexico stood at -10.4%. Peru experienced a relatively flat trend pattern. Brazil (-2.2%) and El Salvador (-7.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil increased by +15 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and El Salvador ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 95% share of total exports.

El Salvador, with a CAGR of -2.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Latin America and the Caribbean amounted to $X per ton, with a decrease of -43.1% against the previous year. Overall, the export price recorded a perceptible reduction. The pace of growth was the most pronounced in 2015 an increase of 74%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while Peru ($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 (+5.4%), while the other leaders experienced a decline in the export price figures.

Imports of Tailor Dummies And Automata

Imports in Latin America and the Caribbean

In 2021, after three years of decline, there was significant growth in purchases abroad of tailor dummies and automata, when their volume increased by 39% to X tons. Overall, imports, however, saw a abrupt slump. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, tailor dummies and automata imports soared to $X in 2021. Over the period under review, imports, however, showed a drastic downturn. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of tailor dummies and automata, namely Chile, Mexico and Guatemala, represented more than half of total import. Brazil (X tons) took an 8.6% share (based on physical terms) of total imports, which put it in second place, followed by Nicaragua (6%) and El Salvador (4.9%). Honduras (X tons), Ecuador (X tons), the Dominican Republic (X tons), Paraguay (X tons), Colombia (X tons), Peru (X tons) and Panama (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Guatemala (with a CAGR of +9.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported tailor dummies and automata in Latin America and the Caribbean, comprising 28% of total imports. The second position in the ranking was held by Chile ($X), with a 12% share of total imports. It was followed by Guatemala, with a 9.9% share.

In Mexico, tailor dummies and automata imports declined by an average annual rate of -9.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Chile (-6.5% per year) and Guatemala (+13.3% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, increasing by 3.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Colombia ($X per ton), while Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nicaragua (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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