Latin America and the Caribbean: Market for Scissors and Tailor Shears 2024

Market Size for Scissors and Tailor Shears in Latin America and the Caribbean

In 2023, the Latin American scissors and tailor shears market increased by X% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Scissors and Tailor Shears in Latin America and the Caribbean

In value terms, scissors and tailor shears production stood at $X in 2023 estimated in export price. Over the period under review, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Exports of Scissors and Tailor Shears

Exports in Latin America and the Caribbean

In 2023, the amount of scissors and tailor shears exported in Latin America and the Caribbean dropped notably to X units, with a decrease of X% against 2022. Overall, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2023, the growth of the exports failed to regain momentum.

In value terms, scissors and tailor shears exports declined to $X in 2023. In general, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Colombia (X units) and Brazil (X units) were the largest exporters of scissors and tailor shears in 2023, reaching near X% and X% of total exports, respectively. It was distantly followed by Mexico (X units), Panama (X units) and Peru (X units), together achieving a X% share of total exports. The following exporters - El Salvador (X units) and Chile (X units) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Chile, Peru, El Salvador and Panama lagged somewhat behind, together comprising a further X%.

Peru, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Panama ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Panama (X%), while the other leaders experienced more modest paces of growth.

Imports of Scissors and Tailor Shears

Imports in Latin America and the Caribbean

In 2023, overseas purchases of scissors and tailor shears decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, scissors and tailor shears imports reduced to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2023, Brazil (X units) represented the major importer of scissors and tailor shears, achieving X% of total imports. Chile (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (X%), Peru (X%), Colombia (X%), Argentina (X%) and Guatemala (X%). Ecuador (X units), El Salvador (X units), Nicaragua (X units) and Venezuela (X units) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to scissors and tailor shears imports into Brazil stood at X%. At the same time, Nicaragua (X%), Chile (X%), Argentina (X%), El Salvador (X%), Peru (X%), Guatemala (X%), Ecuador (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. Mexico experienced a relatively flat trend pattern. By contrast, Venezuela (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.), Peru (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Mexico (X p.p.) and Venezuela (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest scissors and tailor shears importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), with a combined X% share of total imports. Peru, Argentina, Colombia, Guatemala, Ecuador, Venezuela, Nicaragua and El Salvador lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Nicaragua, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per unit, declining by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while El Salvador ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform