Latin America and the Caribbean: Cotton Table Linen Market 2024

Cotton Table Linen Market Size in Latin America and the Caribbean

The Latin American cotton table linen market dropped to $X in 2023, waning by X% against the previous year. In general, consumption saw a noticeable decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Cotton Table Linen Production in Latin America and the Caribbean

In value terms, cotton table linen production dropped to $X in 2023 estimated in export price. Over the period under review, production showed a pronounced setback. The most prominent rate of growth was recorded in 2022 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Cotton Table Linen Exports

Exports in Latin America and the Caribbean

In 2023, approx. X tons of table linen of cotton were exported in Latin America and the Caribbean; shrinking by X% on the previous year. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, cotton table linen exports reduced dramatically to $X in 2023. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Guatemala was the largest exporting country with an export of about X tons, which finished at X% of total exports. Mexico (X tons) took the second position in the ranking, distantly followed by Brazil (X tons). All these countries together took approx. X% share of total exports. The following exporters - the Dominican Republic (X tons) and El Salvador (X tons) - each recorded a X% share of total exports.

Guatemala was also the fastest-growing in terms of the table linen of cotton exports, with a CAGR of X% from 2012 to 2023. Mexico experienced a relatively flat trend pattern. the Dominican Republic (X%), Brazil (X%) and El Salvador (X%) illustrated a downward trend over the same period. Guatemala (X p.p.) and Mexico (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil and El Salvador saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Guatemala ($X), the Dominican Republic ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, the Dominican Republic, with a CAGR of X%, saw 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 2023, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Export price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cotton table linen export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the other leaders experienced more modest paces of growth.

Cotton Table Linen Imports

Imports in Latin America and the Caribbean

In 2023, after two years of growth, there was significant decline in supplies from abroad of table linen of cotton, when their volume decreased by X% to X tons. Overall, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, cotton table linen imports shrank remarkably to $X in 2023. In general, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons) and Chile (X tons) represented roughly X% of total imports in 2023. Brazil (X tons) held the next position in the ranking, followed by Costa Rica (X tons), El Salvador (X tons) and Uruguay (X tons). All these countries together took approx. X% share of total imports. The Dominican Republic (X tons), Argentina (X tons), Peru (X tons), Jamaica (X tons), Colombia (X tons), Guatemala (X tons) and Bahamas (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Costa Rica (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Chile ($X) and Brazil ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The Dominican Republic, Costa Rica, El Salvador, Colombia, Peru, Uruguay, Guatemala, Argentina, Bahamas and Jamaica lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, El Salvador, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 ton in 2023, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while Jamaica ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform