Latin America and the Caribbean: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Latin America and the Caribbean

The Latin American non-knitted women apparel market expanded rapidly to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Non-Knitted Women Apparel Production in Latin America and the Caribbean

In value terms, non-knitted women apparel production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Non-Knitted Women Apparel Exports

Exports in Latin America and the Caribbean

In 2021, after eight years of decline, there was significant growth in overseas shipments of women's or girls' clothing (not knitted or crocheted), when their volume increased by X% to X units. Overall, exports, however, saw a abrupt setback. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, non-knitted women apparel exports rose sharply to $X in 2021. In general, exports, however, showed a deep slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Mexico (X units) and Guatemala (X units) were the largest exporters of women's or girls' clothing (not knitted or crocheted) in Latin America and the Caribbean, together resulting at approx. X% of total exports. Colombia (X units) ranks next in terms of the total exports with an X% share, followed by Haiti (X%), Nicaragua (X%) and Peru (X%). The following exporters - Honduras (X units) and Paraguay (X units) - each finished at a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Honduras (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Guatemala ($X) and Colombia ($X) were the countries with the highest levels of exports in 2021, together accounting for X% of total exports. Nicaragua, Peru, Haiti, Paraguay and Honduras lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Honduras, with a CAGR of +X%, recorded the highest growth rate of 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

The export price in Latin America and the Caribbean stood at $X per unit in 2021, growing by X% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price 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, non-knitted women apparel export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Colombia ($X per unit), while Haiti ($X per unit) was amongst the lowest.

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

Non-Knitted Women Apparel Imports

Imports in Latin America and the Caribbean

Non-knitted women apparel imports surged to X units in 2021, increasing by X% compared with the year before. In general, imports, however, recorded a noticeable shrinkage. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-knitted women apparel imports soared to $X in 2021. Over the period under review, imports, however, recorded a pronounced decrease. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Mexico (X units) and Chile (X units) represented the key importers of women's or girls' clothing (not knitted or crocheted) in 2021, recording approx. X% and X% of total imports, respectively. It was distantly followed by Brazil (X units), generating an X% share of total imports. Colombia (X units), Peru (X units), Panama (X units), Uruguay (X units), Costa Rica (X units) and the Dominican Republic (X units) followed a long way behind the leaders.

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

In value terms, the largest non-knitted women apparel importing markets in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Brazil ($X), together accounting for X% of total imports.

Mexico, with a CAGR of +X%, 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

The import price in Latin America and the Caribbean stood at $X per unit in 2021, falling by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2020, and then reduced remarkably in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Panama ($X per unit), while Costa Rica ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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