Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico (CIF) - 2024
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico (FOB) - 2024
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico (CIF) - 2024
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $4.2 per square meter in February 2024, shrinking by -47.7% against the previous month. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in April 2023 an increase of 4,068% against the previous month. As a result, import price attained the peak level of $212 per square meter. From May 2023 to February 2024, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the countries with the highest prices were the United States ($3.5 per square meter) and Canada ($2.8 per square meter), while the price for Thailand ($2.6 per square meter) and Germany ($2.8 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 Canada (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico (FOB) - 2024
In January 2024, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $7.4 per square meter, increasing by 53% against the previous month. Overall, the export price saw a temperate increase. The pace of growth appeared the most rapid in November 2023 an increase of 1,918% m-o-m. As a result, the export price attained the peak level of $221 per square meter. From December 2023 to January 2024, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Nicaragua.
From January 2023 to January 2024, the rate of growth in terms of prices for Nicaragua amounted to -0.5% per month.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico
In 2022, imports of textile fabrics, rubberised; other than those of heading no. 5902s into Mexico expanded sharply to 15M square meters, with an increase of 5.6% against 2021. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked at 19M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s expanded rapidly to $97M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.3 | 44.0 | 64.3 | 68.8 | 6.3% |
| Germany | 17.7 | 16.7 | 14.5 | 13.4 | -8.9% |
| China | 4.7 | 5.6 | 6.0 | 7.7 | 17.9% |
| Indonesia | 0.1 | 0.1 | N/A | 1.0 | 115.4% |
| Thailand | 1.1 | 1.1 | 1.1 | 1.0 | -3.1% |
| Philippines | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| Others | 8.6 | 5.3 | 4.3 | 4.4 | -20.0% |
| Total | 89.5 | 73.0 | 90.6 | 96.7 | 2.6% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Mexico in 2022:
- United States (7.5M square meters)
- Germany (4.7M square meters)
- China (1.2M square meters)
- Indonesia (0.7M square meters)
- Philippines (0.3M square meters)
- Thailand (0.2M square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico
Exports of textile fabrics, rubberised; other than those of heading no. 5902s from Mexico skyrocketed to 2.2M square meters in 2022, picking up by 211% on the previous year. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $11M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at $11M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 5.9 | 3.9 | 3.7 | 5.9 | 0.0% |
| El Salvador | 3.7 | 2.6 | 2.1 | 2.8 | -8.9% |
| United States | 1.2 | 1.2 | 1.2 | 1.9 | 16.6% |
| Others | 0.6 | 0.4 | 0.6 | 0.7 | 5.3% |
| Total | 11.5 | 8.3 | 7.6 | 11.3 | -0.6% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Mexico in 2022:
- Nicaragua (1621.4K square meters)
- United States (296.4K square meters)
- El Salvador (137.2K square meters)
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