Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico (CIF) - 2023
The average import price for wadding; other articles thereof, of man-made fibreses stood at $3,735 per ton in October 2023, with a decrease of -4.2% against the previous month. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in February 2023 an increase of 39% against the previous month. The import price peaked at $7,077 per ton in November 2022; however, from December 2022 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 the United States ($3,831 per ton), while the price for China amounted to $2,918 per ton.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-3.5%).
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico (FOB) - 2023
The average export price for wadding; other articles thereof, of man-made fibreses stood at $8,859 per ton in October 2023, surging by 13% against the previous month. In general, the export price enjoyed a mild increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 202% against the previous month. Over the period under review, the average export prices attained the peak figure at $9,658 per ton in June 2023; however, from July 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From November 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +2.1% per month.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico
In 2022, supplies from abroad of wadding; other articles thereof, of man-made fibreses decreased by -29.7% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 76%. As a result, imports reached the peak of 6K tons, and then contracted rapidly in the following year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses totaled $28M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 9.8%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.9 | 19.3 | 23.1 | 21.5 | 8.4% |
| China | 0.7 | 0.7 | 0.9 | 4.0 | 78.8% |
| Germany | 2.9 | 1.8 | 1.8 | 1.8 | -14.7% |
| South Korea | 1.5 | 0.8 | 0.3 | 0.1 | -59.5% |
| Others | 1.5 | 3.1 | 0.7 | 0.6 | -26.3% |
| Total | 23.4 | 25.7 | 26.8 | 28.1 | 6.3% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Mexico in 2022:
- United States (3157.3 tons)
- China (897.5 tons)
- Germany (146.7 tons)
- South Korea (6.0 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico
In 2022, after three years of growth, there was significant decline in shipments abroad of wadding; other articles thereof, of man-made fibreses, when their volume decreased by -47.6% to 1.7K tons. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 193% against the previous year.
In value terms, exports of wadding; other articles thereof, of man-made fibreses contracted notably to $13M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 188% against the previous year.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.9 | 11.2 | 16.0 | 12.3 | 46.6% |
| Canada | N/A | N/A | 1.5 | 1.0 | -33.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 11.2 | 17.5 | 13.3 | 50.5% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Mexico in 2022:
- United States (1527.7 tons)
- Canada (155.4 tons)
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In January 2023, the wadding price amounted to $5,317 per ton (FOB, Mexico), surging by 5.7% against the previous month.
799
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
945
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
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