Price for Cotton; Yarn Waste (Including Thread Waste) in Mexico - 2023
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Mexico (CIF) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Mexico (FOB) - 2022
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Mexico
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Mexico
Price for Cotton; Yarn Waste (Including Thread Waste) in Mexico (CIF) - 2022
The average import price for cotton; yarn waste (including thread waste) stood at $770 per ton in 2022, falling by -4.5% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 26%. As a result, import price attained the peak level of $1,106 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, 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 Spain amounted to +3.2% per year.
Price for Cotton; Yarn Waste (Including Thread Waste) in Mexico (FOB) - 2022
In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $758 per ton, waning by -24.2% against the previous year. In general, the export price, however, recorded temperate growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 179%. As a result, the export price reached the peak level of $1,092 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
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 Indonesia amounted to +11.1% per year.
Imports of Cotton; Yarn Waste (Including Thread Waste) in Mexico
In 2022, purchases abroad of cotton; yarn waste (including thread waste) decreased by -60.5% to 87 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cotton; yarn waste (including thread waste) contracted dramatically to $67K in 2022. Overall, imports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 78%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 775 | 1,513 | 82.8 | 66.9 | -55.8% |
| Germany | 45.6 | 47.2 | 23.1 | N/A | -28.8% |
| Guatemala | 9.1 | 3.0 | 4.2 | N/A | -32.1% |
| India | 19.1 | 20.1 | 9.9 | N/A | -28.0% |
| El Salvador | 37.2 | 43.5 | 20.0 | N/A | -26.7% |
| Pakistan | 43.4 | 50.2 | 27.4 | N/A | -20.5% |
| Others | 27.2 | 24.4 | 9.9 | N/A | -39.7% |
| Total | 957 | 1,702 | 177 | 66.9 | -58.8% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Mexico in 2022:
- United States (86.9 tons)
Exports of Cotton; Yarn Waste (Including Thread Waste) in Mexico
In 2022, after three years of growth, there was significant decline in shipments abroad of cotton; yarn waste (including thread waste), when their volume decreased by -93.5% to 6.4 tons. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 123%.
In value terms, exports of cotton; yarn waste (including thread waste) reduced notably to $4.8K in 2022. Over the period under review, exports showed a sharp decline. The growth pace was the most rapid in 2020 with an increase of 121%.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.2 | 13.2 | 34.5 | 4.8 | -39.1% |
| Hong Kong SAR | 1.6 | 4.2 | 4.4 | N/A | 65.8% |
| Indonesia | 4.8 | 14.7 | 18.5 | N/A | 96.3% |
| Panama | 4.0 | 14.1 | 18.6 | N/A | 115.6% |
| Canada | N/A | 13.3 | N/A | N/A | 0% |
| Others | 4.6 | 20.2 | 21.6 | N/A | 116.7% |
| Total | 36.1 | 79.8 | 97.6 | 4.8 | -49.0% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Mexico in 2022:
- United States (6.4 tons)
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