MERCOSUR: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in MERCOSUR

The MERCOSUR quilted textile products market rose significantly to $X in 2021, increasing by 5.9% against the previous year. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.9% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Quilted Textile Products Production in MERCOSUR

In value terms, quilted textile products production amounted to $X in 2021 estimated in export price. The total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 26%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Quilted Textile Products Exports

Exports in MERCOSUR

In 2021, shipments abroad of quilted textile products in the piece (excluding embroidery) was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, quilted textile products exports soared to $X in 2021. Overall, exports, however, saw a deep slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Chile (X tons) and Colombia (X tons) represented the major exporters of quilted textile products in the piece (excluding embroidery) in MERCOSUR, together constituting 73% of total exports. Brazil (X tons) ranks next in terms of the total exports with a 17% share, followed by Paraguay (8.7%).

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +3.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X), Colombia ($X) and Chile ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 97% of total exports.

Brazil, with a CAGR of -3.7%, saw the highest rates of growth with regard to the value of exports, among 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

The export price in MERCOSUR stood at $X per ton in 2021, leveling off at the previous year. Overall, the export price, however, showed a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 26%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+0.6%), while the other leaders experienced mixed trends in the export price figures.

Quilted Textile Products Imports

Imports in MERCOSUR

For the fifth year in a row, MERCOSUR recorded growth in overseas purchases of quilted textile products in the piece (excluding embroidery), which increased by 51% to X tons in 2021. Over the period under review, imports saw a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 52%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, quilted textile products imports skyrocketed to $X in 2021. Overall, imports showed a strong increase. The growth pace was the most rapid in 2017 when imports increased by 43% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Brazil (X tons) was the key importer of quilted textile products in the piece (excluding embroidery), making up 50% of total imports. Peru (X tons) held the second position in the ranking, distantly followed by Colombia (X tons) and Ecuador (X tons). All these countries together took near 45% share of total imports. Argentina (X tons) and Paraguay (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Peru (with a CAGR of +57.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Peru ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 84% of total imports.

Peru, with a CAGR of +40.8%, saw 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 MERCOSUR stood at $X per ton in 2021, shrinking by -10.5% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 4.7% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform