Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico - 2024

Contents:

  1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico (CIF) - 2024
  2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico (FOB) - 2022
  3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico
  4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico (CIF) - 2024

In February 2024, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,717 per ton, rising by 11% against the previous month. In general, the import price, however, recorded a noticeable curtailment. The import price peaked at $6,055 per ton in August 2023; however, from September 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,885 per ton), while the price for China stood at $2,894 per ton.

From May 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico (FOB) - 2022

In 2020, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,087 per ton, dropping by -8.1% against the previous year. In general, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2014 an increase of 6.2% against the previous year. The export price peaked at $4,389 per ton in 2012; however, from 2013 to 2020, 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 2012 to 2020, the rate of growth in terms of prices for Peru amounted to -4.0% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico

For the third consecutive year, Mexico recorded decline in overseas purchases of textile fabrics; tyrecord of high tenacity yarn of polyesters, which decreased by -92.5% to 262 tons in 2022. Over the period under review, imports showed a dramatic shrinkage. The smallest decline of -13.6% was in 2020.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters reduced sharply to $1.4M in 2022. In general, imports showed a sharp setback. The smallest decline of -20.9% was in 2020.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.29.35.71.4-50.0%
South Korea5.53.1N/AN/A-43.6%
China2.82.83.1N/A5.2%
Vietnam13.010.42.9N/A-52.8%
OthersN/AN/AN/AN/A0%
Total32.525.711.71.4-64.9%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Mexico in 2022:

  1. United States (262.2 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico

In 2020, approx. 6.7K tons of textile fabrics; tyrecord of high tenacity yarn of polyesters were exported from Mexico; waning by -9.2% on the previous year. In general, exports recorded a abrupt shrinkage.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters contracted notably to $21M in 2020. Over the period under review, exports continue to indicate a deep reduction.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Mexico (Million USD)
COUNTRY20192020CAGR,
2019-2020
United States24.620.6-16.3%
OthersN/AN/A0%
Total24.620.6-16.3%

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Mexico in 2022:

  1. United States (6.7K tons)

Source: IndexBox Market Intelligence Platform

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