MERCOSUR: Market for Bed Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Bed Linen Of Knitted Or Crocheted Textiles in MERCOSUR

The MERCOSUR market for bed linen of knitted or crocheted textiles shrank to $X in 2022, declining by -3.5% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Bed Linen Of Knitted Or Crocheted Textiles in MERCOSUR

In value terms, production of bed linen of knitted or crocheted textiles shrank to $X in 2022 estimated in export price. In general, production saw a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of 12%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Bed Linen Of Knitted Or Crocheted Textiles

Exports in MERCOSUR

Exports of bed linen of knitted or crocheted textiles skyrocketed to X tons in 2022, growing by 49% against the year before. Over the period under review, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2016 when exports increased by 104%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of bed linen of knitted or crocheted textiles skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 75% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile was the main exporter of bed linen of knitted or crocheted textiles in MERCOSUR, with the volume of exports resulting at X tons, which was approx. 57% of total exports in 2022. Brazil (X tons) ranks second in terms of the total exports with a 28% share, followed by Peru (9.1%). Colombia (X tons) and Argentina (X tons) held a relatively small share of total exports.

Chile was also the fastest-growing in terms of the bed linen of knitted or crocheted textiles exports, with a CAGR of +49.5% from 2012 to 2022. At the same time, Peru (+8.8%), Argentina (+4.3%) and Brazil (+3.2%) displayed positive paces of growth. By contrast, Colombia (-42.4%) illustrated a downward trend over the same period. While the share of Chile (+57 p.p.), Brazil (+26 p.p.), Peru (+8.6 p.p.) and Argentina (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Colombia (-92.9 p.p.) displayed negative dynamics.

In value terms, Chile ($X), Brazil ($X) and Peru ($X) constituted the countries with the highest levels of exports in 2022, together comprising 94% of total exports.

Among the main exporting countries, Chile, with a CAGR of +50.6%, 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

In 2022, the export price in MERCOSUR amounted to $X per ton, reducing by -7.7% against the previous year. Export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for bed linen of knitted or crocheted textiles increased by +22.9% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 59%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+12.0%), while the other leaders experienced more modest paces of growth.

Imports of Bed Linen Of Knitted Or Crocheted Textiles

Imports in MERCOSUR

In 2022, supplies from abroad of bed linen of knitted or crocheted textiles decreased by -11.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2021 with an increase of 80%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, imports of bed linen of knitted or crocheted textiles declined dramatically to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 83%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, Chile (X tons) was the major importer of bed linen of knitted or crocheted textiles, committing 74% of total imports. It was distantly followed by Peru (X tons), mixing up an 11% share of total imports. Guyana (X tons), Colombia (X tons) and Brazil (X tons) took a minor share of total imports.

Chile was also the fastest-growing in terms of the bed linen of knitted or crocheted textiles imports, with a CAGR of +37.4% from 2012 to 2022. At the same time, Guyana (+21.1%), Peru (+10.7%) and Brazil (+9.0%) displayed positive paces of growth. By contrast, Colombia (-8.9%) illustrated a downward trend over the same period. While the share of Chile (+70 p.p.), Peru (+5.9 p.p.) and Guyana (+3.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (-9.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported bed linen of knitted or crocheted textiles in MERCOSUR, comprising 78% of total imports. The second position in the ranking was taken by Peru ($X), with a 6.3% share of total imports. It was followed by Colombia, with a 5.1% share.

In Chile, imports of bed linen of knitted or crocheted textiles increased at an average annual rate of +25.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Peru (+2.9% per year) and Colombia (-8.4% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, dropping by -4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2015 an increase of 20%. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Guyana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform