Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Mexico - 2023
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Mexico (FOB) - 2023
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Mexico
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Mexico (FOB) - 2023
The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $445 per ton in October 2023, shrinking by -69% against the previous month. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 45% against the previous month. As a result, the export price reached the peak level of $1,494 per ton. From February 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($736 per ton), while the average price for exports to India ($216 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), while the prices for the other major destinations experienced a decline.
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Mexico
In 2022, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Mexico declined sharply to 869 tons, with a decrease of -30.3% on the year before. Over the period under review, exports faced a significant curtailment. The smallest decline of -27.5% was in 2020.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses fell significantly to $2.6M in 2022. In general, exports saw a dramatic shrinkage. The smallest decline of -1.5% was in 2021.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,113 | 978 | 1,496 | 1,774 | -5.7% |
| Italy | 517 | 548 | 491 | 633 | 7.0% |
| India | 737 | 459 | 765 | 157 | -40.3% |
| Hong Kong SAR | 710 | 467 | 71.3 | N/A | -68.3% |
| South Korea | 623 | 321 | N/A | N/A | -48.5% |
| Thailand | 209 | 81.3 | N/A | N/A | -61.1% |
| Germany | 344 | 288 | 230 | N/A | -18.2% |
| Others | 27.5 | N/A | 40.0 | N/A | 20.6% |
| Total | 5,280 | 3,142 | 3,094 | 2,565 | -21.4% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Mexico in 2022:
- Italy (708.5 tons)
- United States (148.1 tons)
- India (12.1 tons)
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