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

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico (CIF) - 2022
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico (FOB) - 2024
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico

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

The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $1.5 per square meter in 2022, declining by -3.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2020 an increase of 21%. The import price peaked at $1.6 per square meter in 2018; however, from 2019 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 countries with the highest prices were the United States ($1.5 per square meter) and Turkey ($1.5 per square meter), while the price for China ($1.5 per square meter) and South Korea ($1.5 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico (FOB) - 2024

The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $11.2 per square meter in May 2024, standing approximately at the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 15% month-to-month. The export price peaked at $14.0 per square meter in August 2023; however, from September 2023 to May 2024, the 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 June 2023 to May 2024, the rate of growth in terms of prices for the United States amounted to -0.8% per month.

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

In 2022, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses into Mexico declined to 5.8M square meters, dropping by -10.9% compared with 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked at 10M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses contracted to $8.7M in 2022. Over the period under review, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.35.58.66.8-12.9%
United States0.60.90.80.810.1%
South Korea0.40.50.30.720.5%
Turkey0.20.20.10.20.0%
Others0.80.30.20.2-37.0%
Total12.27.410.08.7-10.7%

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

  1. China (4.6M square meters)
  2. United States (0.5M square meters)
  3. South Korea (0.5M square meters)
  4. Turkey (0.1M square meters)

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

In 2022, overseas shipments of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses decreased by -19.6% to 352K square meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.9% 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 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 438K square meters, and then shrank remarkably in the following year.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses dropped notably to $546K in 2022. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 5.6%. As a result, the exports reached the peak of $664K, and then contracted remarkably in the following year.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States627628664546-4.5%
Others15.1N/AN/AN/A0%
Total642628664546-5.3%

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

  1. United States (352.0K square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics, woven; containing less than 85% by weight of non-textured polyester filaments - Mexico