MERCOSUR: Woolen Fabric Market 2024

Woolen Fabric Market Size in MERCOSUR

The MERCOSUR woolen fabric market rose modestly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Woolen Fabric Production in MERCOSUR

In value terms, woolen fabric production stood at $X in 2023 estimated in export price. In general, production, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Woolen Fabric Exports

Exports in MERCOSUR

In 2023, shipments abroad of woven woolen fabrics decreased by X% to X square meters for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2022 with an increase of X%. The volume of export peaked at X square meters in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, woolen fabric exports dropped modestly to $X in 2023. In general, exports saw a noticeable reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Chile (X square meters) represented the largest exporter of woven woolen fabrics, generating X% of total exports. Peru (X square meters) held the second position in the ranking, distantly followed by Brazil (X square meters). All these countries together took approx. X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Chile ($X) remains the largest woolen fabric supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Chile amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per square meter in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per square meter. From 2021 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 ($X per square meter), while Brazil ($X per square meter) 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 a decline in the export price figures.

Woolen Fabric Imports

Imports in MERCOSUR

Woolen fabric imports dropped sharply to X square meters in 2023, reducing by X% against the previous year's figure. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, woolen fabric imports contracted to $X in 2023. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Colombia (X square meters), Argentina (X square meters), Brazil (X square meters) and Chile (X square meters) represented roughly X% of total imports in 2023. It was distantly followed by Ecuador (X square meters), committing a X% share of total imports. The following importers - Uruguay (X square meters) and Peru (X square meters) - each accounted for a X% share of total imports.

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

In value terms, Brazil ($X), Colombia ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per square meter, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per square meter), while Uruguay ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform