Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico - 2023
Contents:
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico (CIF) - 2023
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico (FOB) - 2023
- Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico
- Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico (CIF) - 2023
In December 2023, the average import price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $2.5 per unit, rising by 30% against the previous month. In general, import price indicated a mild expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for handbags with outer surface of plastic sheeting or of textile materialses increased by +47.0% against October 2023 indices. The growth pace was the most rapid in March 2023 an increase of 38% month-to-month. As a result, import price reached the peak level of $3.1 per unit. From April 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($6.8 per unit), while the price for China ($1.6 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico (FOB) - 2023
The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $5.5 per unit in December 2023, with an increase of 44% against the previous month. Over the period under review, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 62% month-to-month. The export price peaked at $6.2 per unit in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the United States ($5.9 per unit), while the average price for exports to Guatemala ($1.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico
In 2022, approx. 101M units of handbags with outer surface of plastic sheeting or of textile materialses were imported into Mexico; increasing by 35% on the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +88.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses surged to $205M in 2022. Overall, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 106 | 64.2 | 81.3 | 121 | 4.5% |
| India | 3.9 | 4.4 | 1.0 | 3.3 | -5.4% |
| Others | 32.1 | 27.4 | 39.5 | 80.8 | 36.0% |
| Total | 142 | 96.0 | 122 | 205 | 13.0% |
Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Mexico in 2022:
- China (95.2M units)
- India (1.8M units)
Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico
In 2022, exports of handbags with outer surface of plastic sheeting or of textile materialses from Mexico soared to 9.6M units, picking up by 21% on the previous year's figure. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 147%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses soared to $29M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.9 | 9.7 | 13.5 | 27.6 | 51.7% |
| El Salvador | 0.3 | 0.4 | 0.8 | 0.4 | 10.1% |
| Guatemala | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Panama | 0.2 | 0.1 | 1.2 | N/A | 144.9% |
| Others | 1.7 | 1.5 | 0.6 | 0.3 | -43.9% |
| Total | 10.5 | 11.8 | 16.3 | 28.5 | 39.5% |
Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Mexico in 2022:
- United States (9.1M units)
- El Salvador (0.2M units)
- Guatemala (0.1M units)
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