Latin America and the Caribbean: Bedspread Market 2024

Bedspread Market Size in Latin America and the Caribbean

The Latin American bedspread market amounted to $X in 2022, approximately reflecting the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Bedspread Production in Latin America and the Caribbean

In value terms, bedspread production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Bedspread Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of bedspreads (excluding eiderdowns) was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bedspread exports surged to $X in 2022. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Chile (X units) and Mexico (X units) represented roughly X% of total exports in 2022. Brazil (X units) ranks next in terms of the total exports with a X% share, followed by Panama (X%). The following exporters - Honduras (X units) and Peru (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Chile ($X), Mexico ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Panama, Honduras and Peru lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Honduras, with a CAGR of X%, recorded the highest growth rate of 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 unit in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a mild slump. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then dropped in the following year.

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 Chile ($X per unit), while Peru ($X per unit) was amongst the lowest.

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

Bedspread Imports

Imports in Latin America and the Caribbean

Bedspread imports declined to X units in 2022, dropping by X% on the previous year. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, bedspread imports dropped slightly to $X in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X units) was the main importer of bedspreads (excluding eiderdowns), committing X% of total imports. It was distantly followed by Guyana (X units), Jamaica (X units), the Dominican Republic (X units) and Mexico (X units), together creating a X% share of total imports. The following importers - Venezuela (X units), Brazil (X units), Argentina (X units), Guatemala (X units), Uruguay (X units), Trinidad and Tobago (X units), Peru (X units) and Costa Rica (X units) - together made up X% of total imports.

Imports into Chile increased at an average annual rate of X% from 2012 to 2022. At the same time, Guatemala (X%), the Dominican Republic (X%), Guyana (X%), Jamaica (X%) and Trinidad and Tobago (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Costa Rica (X%), Peru (X%), Uruguay (X%), Mexico (X%), Argentina (X%), Venezuela (X%) and Brazil (X%) illustrated a downward trend over the same period. Chile (X p.p.), Guyana (X p.p.), Jamaica (X p.p.), the Dominican Republic (X p.p.) and Guatemala (X p.p.) significantly strengthened its position in terms of the total imports, while Mexico, Argentina, Venezuela and Brazil saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported bedspreads (excluding eiderdowns) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

In Chile, bedspread imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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