Latin America and the Caribbean: Staple Fibres Sewing Thread Market 2020

Staple Fibres Sewing Thread Market Size in Latin America and the Caribbean

The revenue of the staple fibres sewing thread market in Latin America and the Caribbean amounted to $X in 2017, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The staple fibres sewing thread consumption continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. In that year, the staple fibres sewing thread market attained their peak level of $X. From 2012 to 2017, growth of the staple fibres sewing thread market stood at a somewhat lower level.

Staple Fibres Sewing Thread Exports in Latin America and the Caribbean

The exports totaled X tons in 2017, standing approx. at the previous year. The staple fibres sewing thread exports continue to indicate a temperate deduction. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. Over the period under review, the staple fibres sewing thread exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, staple fibres sewing thread exports totaled $X in 2017. The staple fibres sewing thread exports continue to indicate a drastic shrinkage. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Staple Fibres Sewing Thread Exports by Country in Latin America and the Caribbean

El Salvador represented the largest exporting country with an export of around X tons, which amounted to X% of total exports. Brazil (X tons) ranks second in terms of the global exports with a X% share, followed by Mexico (X%), Costa Rica (X%), Colombia (X%) and Guatemala (X%). Honduras (X tons) held the mild share of total exports.

El Salvador was also the fastest growing in terms of the sewing thread of man-made staple fibres exports, with a CAGR of +X% from 2007 to 2017. At the same time, Brazil (+X%) displayed positive paces of growth. Mexico and Honduras experienced a relatively flat trend pattern. By contrast, Guatemala (-X%), Colombia (-X%) and Costa Rica (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Costa Rica, Colombia and Guatemala increased by X%, X% and X% percentage points, while Brazil (-X%) and El Salvador (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest staple fibres sewing thread markets worldwide were El Salvador ($X), Mexico ($X) and Brazil ($X), together accounting for X% of total exports.

Among the main exporting countries , El Salvador (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced a decline in the exports figures.

Staple Fibres Sewing Thread Export Prices by Country in Latin America and the Caribbean

The staple fibres sewing thread export price in Latin America and the Caribbean stood at $X per ton in 2017, coming down by -X% against the previous year. The staple fibres sewing thread export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Costa Rica ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Costa Rica (+X% per year), while the other leaders experienced a decline in the export price figures.

Staple Fibres Sewing Thread Imports in Latin America and the Caribbean

The imports amounted to X tons in 2017, growing by X% against the previous year. The staple fibres sewing thread imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when imports increased by X% against the previous year. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, staple fibres sewing thread imports stood at $X in 2017. The staple fibres sewing thread imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Staple Fibres Sewing Thread Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons), distantly followed by Brazil (X tons), Peru (X tons), Colombia (X tons), Guatemala (X tons) and Argentina (X tons) represented the key importers of sewing thread of man-made staple fibres, together creating X% of total imports. The following importers - El Salvador (X tons) and Ecuador (X tons) each reached a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by El Salvador (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported sewing thread of man-made staple fibres in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Peru, with a X% share.

In Mexico, staple fibres sewing thread imports remained relatively stable over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Peru (+X% per year).

Staple Fibres Sewing Thread Import Prices by Country in Latin America and the Caribbean

In 2017, the staple fibres sewing thread import price in Latin America and the Caribbean amounted to $X per ton, lowering by -X% against the previous year. The staple fibres sewing thread import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was El Salvador ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform