MERCOSUR: Pantyhose Market 2024

Pantyhose Market Size in MERCOSUR

The MERCOSUR pantyhose market shrank slightly to $X in 2023, remaining relatively unchanged against the previous year. Overall, consumption recorded a mild setback. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Pantyhose Production in MERCOSUR

In value terms, pantyhose production reached $X in 2023 estimated in export price. Over the period under review, production showed a mild downturn. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Pantyhose Exports

Exports in MERCOSUR

In 2023, overseas shipments of pantyhose and tights decreased by X% to X pairs, falling for the fourth year in a row after two years of growth. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, pantyhose exports shrank sharply to $X in 2023. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Ecuador was the key exporting country with an export of about X pairs, which reached X% of total exports. It was distantly followed by Chile (X pairs), Colombia (X pairs) and Brazil (X pairs), together constituting a X% share of total exports. Peru (X pairs) followed a long way behind the leaders.

Ecuador was also the fastest-growing in terms of the pantyhose and tights exports, with a CAGR of X% from 2012 to 2023. Brazil (X%), Colombia (X%), Peru (X%) and Chile (X%) illustrated a downward trend over the same period. Ecuador (X p.p.), Brazil (X p.p.) and Colombia (X p.p.) significantly strengthened its position in terms of the total exports, while Chile saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Ecuador ($X) and Colombia ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per pair, shrinking by X% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per pair in 2012; however, from 2013 to 2023, 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 Chile ($X per pair), while Ecuador ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced mixed trends in the export price figures.

Pantyhose Imports

Imports in MERCOSUR

In 2023, approx. X pairs of pantyhose and tights were imported in MERCOSUR; which is down by X% on the previous year. Overall, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X pairs. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, pantyhose imports shrank markedly to $X in 2023. Over the period under review, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of pantyhose imports in 2023 were Chile (X pairs), Brazil (X pairs) and Peru (X pairs), together finishing at X% of total import. The following importers - Paraguay (X pairs) and Colombia (X pairs) - each finished at a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Chile ($X), Peru ($X) and Brazil ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Peru, 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 mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per pair, growing by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of import peaked at $X per pair in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Colombia ($X per pair), while Brazil ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform