MERCOSUR: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in MERCOSUR

The MERCOSUR narrow woven fabric market expanded modestly to $X in 2022, surging by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Narrow Woven Fabric Production in MERCOSUR

In value terms, narrow woven fabric production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Narrow Woven Fabric Exports

Exports in MERCOSUR

In 2022, overseas shipments of narrow woven fabrics increased by X% to X tons, rising for the second consecutive year after six years of decline. In general, exports, however, continue to indicate a pronounced shrinkage. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, narrow woven fabric exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil was the key exporting country with an export of around X tons, which accounted for X% of total exports. Peru (X tons) held the second position in the ranking, followed by Paraguay (X tons). All these countries together took approx. X% share of total exports. Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to narrow woven fabric exports from Brazil stood at X%. At the same time, Paraguay (X%) and Peru (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) illustrated a downward trend over the same period. Paraguay (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the total exports, while Colombia and Brazil saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest narrow woven fabric supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Paraguay ($X per ton) 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 mixed trends in the export price figures.

Narrow Woven Fabric Imports

Imports in MERCOSUR

Narrow woven fabric imports totaled X tons in 2022, surging by X% against 2021. Total imports indicated strong growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, narrow woven fabric imports expanded rapidly to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) and Chile (X tons) were the major importers of narrow woven fabrics in MERCOSUR, together comprising X% of total imports. Peru (X tons) held the next position in the ranking, followed by Colombia (X tons) and Paraguay (X tons). All these countries together held near X% share of total imports. The following importers - Ecuador (X tons) and Argentina (X tons) - each resulted at an X% share of total imports.

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

In value terms, Brazil ($X) constitutes the largest market for imported narrow woven fabrics in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

In Brazil, narrow woven fabric imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Peru (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Chile ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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