Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico - 2024

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico (CIF) - 2024
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico (FOB) - 2024
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico (CIF) - 2024

The average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $5.3 per square meter in February 2024, approximately mirroring the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 7.9% against the previous month. The import price peaked at $5.5 per square meter in February 2023; however, from March 2023 to February 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the countries with the highest prices were the United States ($5.3 per square meter) and Taiwan (Chinese) ($5.3 per square meter), while the price for China ($5.3 per square meter) and Germany ($5.3 per square meter) were amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico (FOB) - 2024

The average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $5.6 per square meter in February 2024, stabilizing at the previous month. In general, the export price, however, showed a mild setback. The pace of growth was the most pronounced in July 2023 an increase of 14% against the previous month. Over the period under review, the average export prices hit record highs at $6.7 per square meter in March 2023; however, from April 2023 to February 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 February 2023 to February 2024, the rate of growth in terms of prices for the United States amounted to -1.5% per month.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico

For the third consecutive year, Mexico recorded decline in supplies from abroad of textile fabrics; impregnated, coated, covered or laminated with polyurethanes, which decreased by -2.1% to 37M square meters in 2022. Over the period under review, imports saw a abrupt curtailment. Over the period under review, imports of attained the maximum at 66M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes fell to $188M in 2022. Overall, imports showed a abrupt decline. Over the period under review, imports of reached the maximum at $295M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Mexico in 2022:

1. United States (25.7M square meters)
2. Japan (3.8M square meters)
3. China (3.3M square meters)
4. Germany (1.5M square meters)
5. Taiwan (Chinese) (1.1M square meters)
6. South Korea (0.3M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Mexico

Exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes from Mexico contracted to 15M square meters in 2022, falling by -3.7% against 2021. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 1.6% against the previous year. Over the period under review, the exports of attained the peak figure at 20M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes dropped to $66M in 2022. In general, exports recorded a deep contraction. The exports peaked at $99M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Mexico in 2022:

1. United States (13.6M square meters)
2. Guatemala (0.3M square meters)
3. Portugal (0.3M square meters)

Source: IndexBox Market Intelligence Platform