Latin America and the Caribbean: Knitted Track-Suit Market 2020

Knitted Track-Suit Market Size in Latin America and the Caribbean

The revenue of the knitted track-suit market in Latin America and the Caribbean amounted to $X in 2017, increasing 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 knitted track-suit consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the knitted track-suit market reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Knitted Track-Suit Exports in Latin America and the Caribbean

In 2017, the amount of track-suits of knitted or crocheted textiles exported in Latin America and the Caribbean stood at X units, falling by -X% against the previous year. The knitted track-suit exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. The volume of exports peaked of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, knitted track-suit exports amounted to $X in 2017. The total exports indicated a temperate expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted track-suit exports decreased by -X% against 2012 indices. Over the period under review, the knitted track-suit exports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Knitted Track-Suit Exports by Country in Latin America and the Caribbean

Panama was the major exporter of track-suits of knitted or crocheted textiles in Latin America and the Caribbean, with the volume of exports finishing at X units, which was near X% of total exports in 2017. It was distantly followed by Peru (X units), making up X% share of total exports. The following exporters - Mexico (X units), El Salvador (X units), Chile (X units) and Colombia (X units) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to knitted track-suit exports from Panama stood at +X%. At the same time, Mexico (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. El Salvador experienced a relatively flat trend pattern. By contrast, Chile (-X%) and Colombia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Colombia and Chile increased by X% and X% percentage points, while Mexico (-X%), Peru (-X%) and Panama (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Panama ($X) remains the largest knitted track-suit supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Peru ($X), with a X% share of global exports. It was followed by Chile, with a X% share.

In Panama, knitted track-suit exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+X% per year) and Chile (-X% per year).

Knitted Track-Suit Export Prices by Country in Latin America and the Caribbean

The knitted track-suit export price in Latin America and the Caribbean stood at $X per unit in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012, an increase of X% year-to-year. The level of export price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Chile ($X per unit), while Mexico ($X per thousand units) was amongst the lowest.

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

Knitted Track-Suit Imports in Latin America and the Caribbean

The imports totaled X units in 2017, jumping by X% against the previous year. The knitted track-suit imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the knitted track-suit imports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, knitted track-suit imports stood at $X in 2017. The total imports indicated a slight increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted track-suit imports decreased by -X% against 2012 indices. Over the period under review, the knitted track-suit imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Knitted Track-Suit Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X units), Panama (X units) and Chile (X units) represented the largest importers of track-suits of knitted or crocheted textiles in Latin America and the Caribbean, making up X% of total import. Brazil (X units) ranks second in terms of the global imports with a X% share, followed by Peru (X%), Argentina (X%) and Uruguay (X%).

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

In value terms, Mexico ($X), Chile ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Peru, Brazil, Panama and Uruguay, which together accounted for a further X%.

Among the main importing countries , Peru (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Track-Suit Import Prices by Country in Latin America and the Caribbean

In 2017, the knitted track-suit import price in Latin America and the Caribbean amounted to $X per thousand units, approximately reflecting the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% y-o-y. In that year, the import prices for track-suits of knitted or crocheted textiles reached their peak level of $X per thousand units. From 2010 to 2017, growth of the import prices for track-suits of knitted or crocheted textiles failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Argentina ($X per unit), while Panama ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform