Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico - 2024

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico (CIF) - 2022
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico (FOB) - 2024
3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico
4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico (CIF) - 2022

In 2022, the average import price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $9,475 per ton, increasing by 19% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for twine, cordage or rope; knotted netting, of other than man-made textileses increased by +66.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 40%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,231 per ton), while the price for China amounted to $7,325 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico (FOB) - 2024

In March 2024, the average export price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $10,062 per ton, rising by 4.9% against the previous month. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in August 2023 an increase of 2,136% m-o-m. Over the period under review, the average export prices hit record highs at $10,629 per ton in January 2024; however, from February 2024 to March 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 March 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to +20.4% per month.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico

In 2022, imports of twine, cordage or rope; knotted netting, of other than man-made textileses into Mexico soared to 206 tons, rising by 17% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses soared to $2M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Mexico in 2022:

1. China (115.7 tons)
2. United States (90.2 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Mexico

In 2022, overseas shipments of twine, cordage or rope; knotted netting, of other than man-made textileses decreased by -47.9% to 41 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 97%. As a result, the exports attained the peak of 124 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses fell significantly to $267K in 2022. In general, exports faced a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 81% against the previous year. As a result, the exports reached the peak of $779K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Mexico in 2022:

1. United States (41.5 tons)

Source: IndexBox Market Intelligence Platform