Price for Wadding; Other Articles Thereof, of Cotton in Mexico - 2024

Contents:

1. Price for Wadding; Other Articles Thereof, of Cotton in Mexico (FOB) - 2022
2. Price for Wadding; Other Articles Thereof, of Cotton in Mexico (CIF) - 2022
3. Exports of Wadding; Other Articles Thereof, of Cotton in Mexico
4. Imports of Wadding; Other Articles Thereof, of Cotton in Mexico

Price for Wadding; Other Articles Thereof, of Cotton in Mexico (FOB) - 2022

The average export price for wadding; other articles thereof, of cotta stood at $4,729 per ton in 2022, dropping by -10.3% against the previous year. In general, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2013 an increase of 28%. The export price peaked at $7,184 per ton in 2014; however, from 2015 to 2022, 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 2022, the rate of growth in terms of prices for the United States amounted to -1.8% per year.

Price for Wadding; Other Articles Thereof, of Cotton in Mexico (CIF) - 2022

The average import price for wadding; other articles thereof, of cotta stood at $5,104 per ton in 2022, declining by -16.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27%. Over the period under review, average import prices reached the peak figure at $6,979 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($36,706 per ton), while the price for China ($4,659 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wadding; Other Articles Thereof, of Cotton in Mexico

For the fourth consecutive year, Mexico recorded growth in shipments abroad of wadding; other articles thereof, of cotta, which increased by 55% to 9.1K tons in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, of cotta surged to $43M in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Mexico in 2022:

1. United States (9.1K tons)

Imports of Wadding; Other Articles Thereof, of Cotton in Mexico

In 2022, the amount of wadding; other articles thereof, of cotta imported into Mexico skyrocketed to 2.5K tons, jumping by 106% against 2021. Over the period under review, imports showed a slight expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, of cotta skyrocketed to $13M in 2022. Overall, imports, however, showed a perceptible descent.

Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Mexico in 2022:

1. China (2206.3 tons)
2. United States (238.1 tons)
3. Canada (4.5 tons)
4. Japan (1.6 tons)

Source: IndexBox Market Intelligence Platform