Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico - 2022

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico (CIF) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico (FOB) - 2022
  3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico
  4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $606 per unit, declining by -8.6% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, average import prices attained the maximum at $1,489 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($777 per unit), while the price for China ($486 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $303 per unit in 2022, growing by 5% against the previous year. Overall, the export price recorded pronounced growth. The pace of growth was the most pronounced in 2013 an increase of 5,058%. As a result, the export price reached the peak level of $12,732 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +1,576.1% per year.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico

In 2022, supplies from abroad of articles of apparel, clothing accessories and other articles of furskin was finally on the rise to reach 799 units after two years of decline. In general, imports, however, recorded a precipitous curtailment. Imports peaked at 2.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin expanded notably to $484K in 2022. Over the period under review, imports, however, saw a precipitous decrease. Over the period under review, imports of hit record highs at $2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy553257182285-19.8%
China55568.9196176-31.8%
Spain30810534.523.3-57.7%
United States19023.512.9N/A-73.9%
India173122N/AN/A-29.5%
Turkey16370.1N/AN/A-57.0%
Others16.2N/A22.2N/A17.1%
Total1,958647447484-37.2%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Mexico in 2022:

  1. Italy (407.0 units)
  2. China (362.0 units)
  3. Spain (30.0 units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico

Exports of articles of apparel, clothing accessories and other articles of furskin from Mexico fell to 194 units in 2022, shrinking by -8.1% against 2021 figures. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.5% against the previous year. Over the period under review, the exports of hit record highs at 372 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin dropped modestly to $59K in 2022. Overall, exports showed a dramatic downturn. Over the period under review, the exports of attained the maximum at $115K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11363.360.858.7-19.6%
United Arab Emirates2.23.2N/AN/A45.5%
OthersN/AN/AN/AN/A0%
Total11566.560.858.7-20.1%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Mexico in 2022:

  1. United States (194.0 units)

Source: IndexBox Market Intelligence Platform

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