Price for Track Suits; of Cotton, Knitted or Crocheted in Mexico - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Mexico (CIF) - 2023
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Mexico
Price for Track Suits; of Cotton, Knitted or Crocheted in Mexico (CIF) - 2023
In October 2023, the average import price for track suits; of cotton, knitted or crocheted amounted to $4.1 per unit, with a decrease of -3% against the previous month. In general, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in August 2023 an increase of 44% against the previous month. Over the period under review, average import prices attained the maximum at $20.7 per unit in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was China ($4.2 per unit), while the price for India stood at $3.2 per unit.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (0.0%), while the prices for the other major suppliers experienced a decline.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Mexico
In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Mexico surged to 344K units, growing by 56% compared with 2021 figures. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 195% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of track suits; of cotton, knitted or crocheted soared to $2.8M in 2022. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 80% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 637 | 573 | 1,344 | 2,007 | 46.6% |
| Vietnam | 11.0 | 118 | 62.6 | 337 | 212.9% |
| Cambodia | 870 | 273 | 440 | 331 | -27.5% |
| Bangladesh | 93.1 | 79.7 | 72.4 | 64.6 | -11.5% |
| Pakistan | 209 | N/A | 7.8 | 47.0 | -39.2% |
| Others | 85.1 | 37.3 | 22.3 | N/A | -48.8% |
| Total | 1,904 | 1,081 | 1,950 | 2,787 | 13.5% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Mexico in 2022:
- China (275.1K units)
- Cambodia (29.4K units)
- Vietnam (28.8K units)
- Bangladesh (7.9K units)
- Pakistan (2.8K units)
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