Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Mexico - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Mexico (FOB) - 2024
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Mexico
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Mexico (FOB) - 2024
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $14,629 per ton in December 2023, remaining constant against the previous month. Overall, the export price saw a mild expansion. The most prominent rate of growth was recorded in June 2023 an increase of 86% against the previous month. Over the period under review, the average export prices attained the peak figure at $17,999 per ton in October 2023; however, from November 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was the United States ($15,626 per ton), while the average price for exports to Guatemala stood at $13,780 per ton.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Mexico
In 2022, approx. 357 tons of man-made filament yarn (other than sewing thread), put up for retail sale were exported from Mexico; growing by 29% against 2021. The total export volume increased at an average annual rate of +13.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale shrank slightly to $3.5M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, the exports attained the peak of $3.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,478 | 2,211 | 2,123 | 1,940 | 9.5% |
| Guatemala | 809 | 1,060 | 1,258 | 1,119 | 11.4% |
| El Salvador | 317 | 27.4 | 7.0 | 192 | -15.4% |
| Costa Rica | 53.3 | 72.0 | 33.3 | 65.4 | 7.1% |
| Chile | 91.5 | 120 | 192 | 65.1 | -10.7% |
| Nicaragua | 146 | 88.9 | N/A | 34.2 | -38.4% |
| Others | 83.1 | 98.9 | 10.0 | 35.6 | -24.6% |
| Total | 2,978 | 3,678 | 3,623 | 3,452 | 5.0% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Mexico in 2022:
- Guatemala (157.2 tons)
- United States (140.7 tons)
- El Salvador (38.4 tons)
- Chile (7.9 tons)
- Costa Rica (7.2 tons)
- Nicaragua (3.2 tons)
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