Latin America and the Caribbean: Baby Clothes Market 2024

Baby Clothes Market Size in Latin America and the Caribbean

The Latin American baby clothes market expanded modestly to $X in 2022, with an increase of X% against the previous year. In general, consumption recorded a modest expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Baby Clothes Production in Latin America and the Caribbean

In value terms, baby clothes production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Baby Clothes Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of babies clothing and accessories (not knitted or crocheted) were finally on the rise to reach X tons after four years of decline. Over the period under review, exports, however, continue to indicate a sharp reduction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, baby clothes exports soared to $X in 2022. Overall, exports, however, faced a deep contraction. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Guatemala represented the main exporter of babies clothing and accessories (not knitted or crocheted) in Latin America and the Caribbean, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Nicaragua (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%), El Salvador (X%), Bolivia (X%), Mexico (X%) and Brazil (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Nicaragua (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Colombia ($X), El Salvador ($X) and Nicaragua ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby clothes export price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, 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.

Baby Clothes Imports

Imports in Latin America and the Caribbean

In 2022, after three years of decline, there was significant growth in purchases abroad of babies clothing and accessories (not knitted or crocheted), when their volume increased by X% to X tons. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, baby clothes imports soared to $X in 2022. In general, imports, however, recorded a abrupt shrinkage. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons), distantly followed by Panama (X tons), Trinidad and Tobago (X tons), Mexico (X tons), Peru (X tons) and Costa Rica (X tons) represented the key importers of babies clothing and accessories (not knitted or crocheted), together mixing up X% of total imports. Guatemala (X tons), Brazil (X tons), the Dominican Republic (X tons), El Salvador (X tons), Nicaragua (X tons), Paraguay (X tons) and Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Trinidad and Tobago (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Mexico ($X) and Panama ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Brazil, Peru, Colombia, Costa Rica, the Dominican Republic, Guatemala, El Salvador, Paraguay, Trinidad and Tobago and Nicaragua lagged somewhat behind, together comprising a further X%.

The Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, showed a slight slump. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Trinidad and Tobago ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

Frequently Asked Questions (FAQ) :