Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico - 2024

Contents:

  1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico (CIF) - 2022
  2. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico
  4. Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico (CIF) - 2022

In 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $2 per square meter, increasing by 11% against the previous year. Overall, the import price, however, showed a slight descent. Over the period under review, average import prices reached the peak figure at $2.3 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2 per square meter) and Italy ($2 per square meter), while the price for South Korea ($2 per square meter) and Turkey ($2 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.3%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico (FOB) - 2022

The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $1.9 per square meter in 2022, dropping by -8.8% against the previous year. In general, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 8.7%. The export price peaked at $3.4 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($1.9 per square meter), while the average price for exports to the United States amounted to $1.9 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+1.0%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico

In 2022, approx. 33M square meters of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses were imported into Mexico; surging by 4.8% on the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses surged to $66M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.025.435.441.95.2%
United States9.414.114.815.317.6%
South Korea4.02.32.83.2-7.2%
Turkey1.31.01.21.42.5%
Italy1.21.21.21.45.3%
Others3.71.91.12.8-8.9%
Total55.645.956.566.05.9%

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Mexico in 2022:

  1. China (20.7M square meters)
  2. United States (7.6M square meters)
  3. South Korea (1.6M square meters)
  4. Turkey (0.7M square meters)
  5. Italy (0.7M square meters)

Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico

In 2022, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses from Mexico surged to 1.6M square meters, growing by 94% on the year before. In general, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses surged to $3M in 2022. Over the period under review, exports, however, saw a pronounced decrease. The exports peaked at $3.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4326831,4112,95889.9%
Guatemala76.240.412945.2-16.0%
Nicaragua5.4183N/AN/A3288.9%
Colombia1,313156N/AN/A-88.1%
ChinaN/A237N/AN/A0%
Cuba3.5N/A154N/A563.3%
Belize1,636N/AN/AN/A0%
Others6.189.4N/AN/A1365.6%
Total3,4731,3881,6943,003-4.7%

Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Mexico in 2022:

  1. United States (1528.9K square meters)
  2. Guatemala (23.4K square meters)

Source: IndexBox Market Intelligence Platform

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