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

Contents:

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

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

The average import price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides stood at $2.5 per square meter in February 2024, remaining stable against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 12% month-to-month. The import price peaked at $2.6 per square meter in March 2023; however, from April 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 ($2.5 per square meter) and China ($2.5 per square meter), while the price for Canada ($2.5 per square meter) and South Korea ($2.5 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 China (-0.3%), while the prices for the other major suppliers experienced a decline.

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

In February 2024, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $2.4 per square meter, therefore, remained relatively stable against the previous month. In general, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in July 2023 an increase of 19% month-to-month. The export price peaked at $3.0 per square meter in September 2023; however, from October 2023 to February 2024, the export prices stood at a somewhat lower figure.

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 -1.8% per month.

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

In 2022, the amount of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides imported into Mexico fell dramatically to 34M square meters, declining by -21.8% on the previous year's figure. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Imports peaked at 51M 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 polyvinyl chlorides declined rapidly to $87M in 2022. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports of hit record highs at $108M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.737.139.433.72.1%
China33.024.034.328.6-4.7%
Canada31.820.723.911.9-27.9%
Portugal1.91.80.65.239.9%
Spain2.41.21.21.5-14.5%
Others7.54.14.36.5-4.7%
Total10888.910487.3-6.8%

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

  1. United States (13.2M square meters)
  2. China (11.2M square meters)
  3. Canada (4.7M square meters)
  4. Portugal (2.0M square meters)
  5. Spain (0.6M square meters)

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

For the fourth year in a row, Mexico recorded growth in overseas shipments of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides, which increased by 18% to 4.5M square meters in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides skyrocketed to $7.2M in 2022. The total export value increased at an average annual rate of +10.6% 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 2020 with an increase of 24% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.66.15.16.09.3%
China0.10.10.30.458.7%
Others0.60.50.60.810.1%
Total5.46.66.17.210.1%

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

  1. United States (4.1M square meters)
  2. China (0.1M square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Textile fabrics; impregnated, coated, covered or laminated with polyvinyl chloride - Mexico