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Latin America and the Caribbean - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatin America and the Caribbean: Tufted Textile Fabric Market 2024
Tufted Textile Fabric Market Size in Latin America and the Caribbean
The Latin American tufted textile fabric market contracted to $X in 2023, reducing by X% against the previous year. In general, consumption recorded a perceptible decline. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.
Tufted Textile Fabric Production in Latin America and the Caribbean
In value terms, tufted textile fabric production expanded rapidly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.
Tufted Textile Fabric Exports
Exports in Latin America and the Caribbean
In 2023, tufted textile fabric exports in Latin America and the Caribbean reduced to X square meters, waning by X% against the previous year. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure at X square meters in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, tufted textile fabric exports surged to $X in 2023. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
Exports by Country
The shipments of the one major exporters of tufted textile fabrics, namely Argentina, represented more than two-thirds of total export.
Argentina was also the fastest-growing in terms of the tufted textile fabrics exports, with a CAGR of X% from 2012 to 2023. Argentina (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Argentina ($X) also remains the largest tufted textile fabric supplier in Latin America and the Caribbean.
In Argentina, tufted textile fabric exports remained relatively stable over the period from 2012-2023.
Export Prices by Country
In 2023, the export price in Latin America and the Caribbean amounted to $X per square meter, picking up by X% against the previous year. In general, the export price enjoyed pronounced growth. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per square meter in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2012 to 2023, the rate of growth in terms of prices for Argentina amounted to X% per year.
Tufted Textile Fabric Imports
Imports in Latin America and the Caribbean
In 2023, purchases abroad of tufted textile fabrics decreased by X% to X square meters for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, tufted textile fabric imports dropped remarkably to $X in 2023. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.
Imports by Country
Cuba represented the key importer of tufted textile fabrics in Latin America and the Caribbean, with the volume of imports reaching X square meters, which was approx. X% of total imports in 2023. Colombia (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Guatemala (X%). The following importers - Brazil (X square meters) and Ecuador (X square meters) - each recorded a X% share of total imports.
Imports into Cuba increased at an average annual rate of X% from 2012 to 2023. At the same time, Colombia (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. By contrast, Guatemala (X%), Ecuador (X%) and Brazil (X%) illustrated a downward trend over the same period. Cuba (X p.p.) and Colombia (X p.p.) significantly strengthened its position in terms of the total imports, while Ecuador and Brazil saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Cuba ($X) constitutes the largest market for imported tufted textile fabrics in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.
In Cuba, tufted textile fabric imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Guatemala (X% per year).
Import Prices by Country
In 2023, the import price in Latin America and the Caribbean amounted to $X per square meter, remaining relatively unchanged against the previous year. Overall, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2016 when the import price increased by X%. As a result, import price attained the peak level of $X per square meter. From 2017 to 2023, the import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per square meter), while Guatemala ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the tufted textile fabric market in Latin America and the Caribbean. 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 13204500 - Tufted textile fabrics (excluding tufted carpets and other textile floor coverings)
Country coverage:
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Puerto Rico
- Saint Kitts and Nevis
- Saint Lucia
- Saint Maarten (Dutch part)
- Saint Vincent and the Grenadines
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Latin America and the Caribbean, split by region and country
- Trade (exports and imports) in Latin America and the Caribbean
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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