MERCOSUR: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in MERCOSUR

In 2022, the MERCOSUR man-made filament fabric market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Man-Made Filament Fabric Production in MERCOSUR

In value terms, man-made filament fabric production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Man-Made Filament Fabric Exports

Exports in MERCOSUR

In 2022, shipments abroad of woven fabrics of man-made filaments and staple fibers decreased by X% to X square meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X square meters, and then fell in the following year.

In value terms, man-made filament fabric exports reached $X in 2022. Over the period under review, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of woven fabrics of man-made filaments and staple fibers, namely Chile, Brazil, Paraguay and Colombia, represented more than two-thirds of total export. Peru (X square meters) held the next position in the ranking, followed by Ecuador (X square meters). All these countries together took approx. X% share of total exports.

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

In value terms, Chile ($X) remains the largest man-made filament fabric supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Chile, man-made filament fabric exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per square meter, with an increase of X% against the previous year. In general, the export price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per square meter), while Paraguay ($X per square meter) was amongst the lowest.

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

Man-Made Filament Fabric Imports

Imports in MERCOSUR

In 2022, man-made filament fabric imports in MERCOSUR stood at X square meters, growing by X% on 2021. Total imports indicated a buoyant increase 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 pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, man-made filament fabric imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Brazil was the major importing country with an import of around X square meters, which finished at X% of total imports. Chile (X square meters) held the second position in the ranking, followed by Argentina (X square meters), Colombia (X square meters) and Peru (X square meters). All these countries together took near X% share of total imports. The following importers - Ecuador (X square meters) and Paraguay (X square meters) - together made up X% of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%), Argentina (X%), Peru (X%), Colombia (X%) and Paraguay (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Ecuador experienced a relatively flat trend pattern. While the share of Chile (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ecuador (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per square meter, with an increase of X% against the previous year. Overall, the import price, however, showed a noticeable descent. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Peru ($X per square meter) and Argentina ($X per square meter), while Chile ($X per square meter) and Brazil ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform

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