Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico (CIF) - 2022
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico (FOB) - 2022
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico (CIF) - 2022
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $2,616 per ton in 2022, reducing by -4.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 a decrease of -4.2% against the previous year. Over the period under review, average import prices hit record highs at $5,234 per ton 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 China ($2,952 per ton), while the price for El Salvador ($174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico (FOB) - 2022
In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $22,139 per ton, surging by 5.8% against the previous year. Over the period under review, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 30%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($24,371 per ton), while the average price for exports to El Salvador ($10,763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico
Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Mexico soared to 107K tons in 2022, rising by 26% against the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $281M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 95.0 | 54.1 | 99.6 | 142 | 14.3% |
United States | 95.9 | 66.7 | 90.1 | 89.0 | -2.5% |
Honduras | 28.0 | 18.0 | 26.3 | 31.8 | 4.3% |
South Korea | 1.3 | 3.3 | 3.6 | 0.9 | -11.5% |
El Salvador | 0.3 | 0.2 | 0.1 | 0.5 | 18.6% |
Others | 23.4 | 16.3 | 13.7 | 16.4 | -11.2% |
Total | 244 | 159 | 233 | 281 | 4.8% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Mexico in 2022:
- China (48.2K tons)
- United States (31.7K tons)
- Honduras (20.1K tons)
- El Salvador (2.8K tons)
- South Korea (0.6K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico
After two years of decline, shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms increased by 44% to 1.8K tons in 2022. Over the period under review, exports, however, saw a deep slump.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms soared to $39M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.5 | 13.7 | 20.6 | 35.7 | 35.0% |
Guatemala | 0.4 | N/A | 0.7 | 1.8 | 65.1% |
Colombia | 2.3 | 1.1 | 1.1 | 1.1 | -21.8% |
El Salvador | 1.2 | 1.3 | 2.7 | 0.1 | -56.3% |
Haiti | 11.9 | 3.7 | N/A | N/A | -68.9% |
Peru | 0.7 | N/A | N/A | N/A | 0% |
Others | 1.6 | 1.9 | 0.6 | 0.4 | -37.0% |
Total | 32.5 | 21.8 | 25.7 | 39.1 | 6.4% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Mexico in 2022:
- United States (1563.3 tons)
- Guatemala (126.5 tons)
- Colombia (46.6 tons)
- El Salvador (9.0 tons)
This report provides an in-depth analysis of the knitted fabric market in Mexico.
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