Price for Rubber Thread and Cord; Textile Covered in Mexico - 2024
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Mexico (CIF) - 2024
- Price for Rubber Thread and Cord; Textile Covered in Mexico (FOB) - 2024
- Imports of Rubber Thread and Cord; Textile Covered in Mexico
- Exports of Rubber Thread and Cord; Textile Covered in Mexico
Price for Rubber Thread and Cord; Textile Covered in Mexico (CIF) - 2024
The average import price for rubber thread and cord; textile covereds stood at $8,364 per ton in March 2024, which is down by -25.5% against the previous month. Overall, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 396% against the previous month. The import price peaked at $29,214 per ton in December 2023; however, from January 2024 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($25,322 per ton), while the price for China totaled $5,066 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the United States (+5.6%).
Price for Rubber Thread and Cord; Textile Covered in Mexico (FOB) - 2024
The average export price for rubber thread and cord; textile covereds stood at $8,238 per ton in March 2024, surging by 47% against the previous month. Over the period under review, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in November 2023 an increase of 118% against the previous month. Over the period under review, the average export prices hit record highs at $24,209 per ton in April 2023; however, from May 2023 to March 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From March 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to -4.4% per month.
Imports of Rubber Thread and Cord; Textile Covered in Mexico
In 2022, purchases abroad of rubber thread and cord; textile covereds decreased by -44.5% to 404 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports reached the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of rubber thread and cord; textile covereds fell markedly to $3.9M in 2022. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 16%. As a result, imports attained the peak of $6.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Rubber Thread and Cord; Textile Covered in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.1 | 2.1 | 2.5 | 2.5 | 6.0% |
| China | 3.0 | 3.9 | 2.2 | 1.4 | -22.4% |
| Others | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Total | 5.3 | 6.2 | 4.7 | 3.9 | -9.7% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Mexico in 2022:
- China (317.5 tons)
- United States (84.6 tons)
Exports of Rubber Thread and Cord; Textile Covered in Mexico
In 2022, the amount of rubber thread and cord; textile covereds exported from Mexico skyrocketed to 66 tons, growing by 27% against the previous year's figure. Over the period under review, exports, however, showed a deep downturn.
In value terms, exports of rubber thread and cord; textile covereds soared to $649K in 2022. Overall, exports, however, recorded a abrupt downturn.
| Export of Rubber Thread and Cord; Textile Covered in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 788 | 810 | 485 | 649 | -6.3% |
| Others | N/A | 2.4 | N/A | N/A | 0% |
| Total | 788 | 813 | 485 | 649 | -6.3% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Mexico in 2022:
- United States (66.0 tons)
387
This report provides an in-depth analysis of the rubber thread market in Mexico.
701
Global Rubber Thread Market Report 2018. This report provides an in-depth analysis of the global rubber thread market.
387
This report provides an in-depth analysis of the rubber thread market in Mexico.
701
Global Rubber Thread Market Report 2018. This report provides an in-depth analysis of the global rubber thread market.
672
In value terms, rubber waste, parings and scrap imports amounted to $X in 2016. Overall, rubber waste, parings and scrap imports continue to indicate a relatively flat trend pattern. Over the perio...
1658
In value terms, rubber thread and cord imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some notice...
668
In value terms, rubber waste, parings and scrap exports amounted to $X in 2016. In general, rubber waste, parings and scrap exports continue to indicate a slight contraction. Over the period under ...
1443
In value terms, rubber thread and cord exports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% ...
672
In value terms, rubber waste, parings and scrap imports amounted to $X in 2016. Overall, rubber waste, parings and scrap imports continue to indicate a relatively flat trend pattern. Over the perio...
1658
In value terms, rubber thread and cord imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some notice...
668
In value terms, rubber waste, parings and scrap exports amounted to $X in 2016. In general, rubber waste, parings and scrap exports continue to indicate a slight contraction. Over the period under ...
1443
In value terms, rubber thread and cord exports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% ...
