MERCOSUR: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in MERCOSUR

The MERCOSUR plaits and basketwork market declined modestly to $X in 2022, almost unchanged from the previous year. In general, consumption recorded a mild decline. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Plaits And Basketwork Production in MERCOSUR

In value terms, plaits and basketwork production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild reduction. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Plaits And Basketwork Exports

Exports in MERCOSUR

For the sixth consecutive year, MERCOSUR recorded growth in overseas shipments of plaits, basketwork, wickerwork and similar products of plaiting materials, which increased by X% to X tons in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, plaits and basketwork exports surged to $X in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Peru (X tons) and Colombia (X tons) prevails in exports structure, together generating X% of total exports. Ecuador (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Venezuela (X%). Brazil (X tons), Argentina (X tons) and Chile (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) remains the largest plaits and basketwork supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price 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, plaits and basketwork export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports in MERCOSUR

In 2022, the amount of plaits, basketwork, wickerwork and similar products of plaiting materials imported in MERCOSUR shrank slightly to X tons, flattening at the previous year. Overall, imports saw a noticeable descent. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, plaits and basketwork imports expanded sharply to $X in 2022. Over the period under review, imports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Brazil (X tons) and Chile (X tons) were the main importers of plaits, basketwork, wickerwork and similar products of plaiting materials in MERCOSUR, together amounting to near X% of total imports. Argentina (X tons) ranks next in terms of the total imports with a X% share, followed by Colombia (X%) and Peru (X%). Uruguay (X tons) and Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest plaits and basketwork importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), together accounting for X% of total imports.

Among the main importing countries, Chile, with a CAGR of X%, saw 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 2022, the import price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price 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, plaits and basketwork import price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Argentina ($X per ton) and Ecuador ($X per ton), while Colombia ($X per ton) and Peru ($X per ton) were 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 more modest paces of growth.

Source: IndexBox Platform

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