Price for Woven Fabrics of Artificial Staple Fibres in Mexico - 2022

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Mexico (CIF) - 2022
  2. Price for Woven Fabrics of Artificial Staple Fibres in Mexico (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Mexico
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Mexico

Price for Woven Fabrics of Artificial Staple Fibres in Mexico (CIF) - 2022

The average import price for woven fabrics of artificial staple fibres stood at $7.2 per square meter in 2022, dropping by -19.5% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 5.3% against the previous year. The import price peaked at $19 per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($43 per square meter), while the price for Turkey ($12 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Artificial Staple Fibres in Mexico (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $13 per square meter, waning by -35.2% against the previous year. Overall, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 408% against the previous year. As a result, the export price reached the peak level of $93 per square meter. From 2015 to 2022, the average 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 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +0.9% per year.

Imports of Woven Fabrics of Artificial Staple Fibres in Mexico

In 2022, imports of woven fabrics of artificial staple fibres into Mexico soared to 11M square meters, jumping by 276% compared with the year before. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of woven fabrics of artificial staple fibres surged to $80M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Woven Fabrics of Artificial Staple Fibres in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.113.321.530.12.3%
United States4.22.22.34.1-0.8%
Turkey2.70.90.91.0-28.2%
Italy3.00.80.91.0-30.7%
Spain0.40.20.50.720.5%
Others1.60.80.543.5200.7%
Total39.818.126.580.426.4%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Mexico in 2022:

  1. China (1.8M square meters)
  2. Turkey (0.1M square meters)
  3. United States (0.1M square meters)
  4. Spain (0.1M square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Mexico

In 2022, approx. 29K square meters of woven fabrics of artificial staple fibres were exported from Mexico; waning by -23.9% against the year before. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 2.2%. Over the period under review, the exports of attained the peak figure at 45K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of artificial staple fibres fell rapidly to $380K in 2022. Overall, exports recorded a significant decrease. The smallest decline of -17.7% was in 2021. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Woven Fabrics of Artificial Staple Fibres in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1851737721,948119.2%
Colombia327765N/AN/A133.9%
Guatemala889N/AN/AN/A0%
OthersN/AN/AN/A-1,567.50%
Total1,400938772380-35.3%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Mexico in 2022:

  1. United States (66.7K square meters)

Source: IndexBox Market Intelligence Platform

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