Report Update Nov 1, 2024

MERCOSUR - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights

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MERCOSUR: T-Shirt Market 2024

T-Shirt Market Size in MERCOSUR

The MERCOSUR t-shirt market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption posted strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

T-Shirt Production in MERCOSUR

In value terms, t-shirt production stood at $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 4.3% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

T-Shirt Exports

Exports in MERCOSUR

T-shirt exports contracted dramatically to X units in 2022, reducing by -33.4% against the previous year. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 392% against the previous year. As a result, the exports attained the peak of X units, and then reduced remarkably in the following year.

In value terms, t-shirt exports contracted to $X in 2022. Overall, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru was the largest exporter of t-shirts in MERCOSUR, with the volume of exports recording X units, which was approx. 75% of total exports in 2022. Brazil (X units) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (7%).

From 2012 to 2022, average annual rates of growth with regard to t-shirt exports from Peru stood at +7.6%. At the same time, Brazil (+24.5%) and Colombia (+6.1%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +24.5% from 2012-2022. From 2012 to 2022, the share of Brazil increased by +11 percentage points.

In value terms, Peru ($X) remains the largest t-shirt supplier in MERCOSUR, comprising 81% of total exports. The second position in the ranking was held by Colombia ($X), with a 7.8% share of total exports.

In Peru, t-shirt exports shrank by an average annual rate of -4.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-6.4% per year) and Brazil (+2.3% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, increasing by 43% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-11.0%), while the other leaders experienced a decline in the export price figures.

T-Shirt Imports

Imports in MERCOSUR

In 2022, purchases abroad of t-shirts increased by 468% to X units, rising for the second year in a row after two years of decline. In general, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, t-shirt imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a slight shrinkage. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Chile dominates imports structure, resulting at X units, which was near 93% of total imports in 2022. Peru (X units) followed a long way behind the leaders.

Chile was also the fastest-growing in terms of the t-shirts imports, with a CAGR of +27.5% from 2012 to 2022. At the same time, Peru (+10.9%) displayed positive paces of growth. While the share of Chile (+52 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Peru (-2 p.p.) displayed negative dynamics.

In value terms, Chile ($X) constitutes the largest market for imported t-shirts in MERCOSUR, comprising 69% of total imports. The second position in the ranking was held by Peru ($X), with a 7.7% share of total imports.

In Chile, t-shirt imports expanded at an average annual rate of +7.8% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, dropping by -73.5% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the import price increased by 6.5% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Peru ($X per unit), while Chile stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-6.3%).

Source: IndexBox Platform

This report provides an in-depth analysis of the t-shirt market in MERCOSUR. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14143000 - T-shirts, singlets and vests, knitted or crocheted

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in MERCOSUR, split by region and country
Trade (exports and imports) in MERCOSUR
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Argentina
- Brazil
- Chile
- Colombia
- Ecuador
- Guyana
- Paraguay
- Peru
- Suriname
- Uruguay
- Venezuela
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023