Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Mexico - 2023

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Mexico (CIF) - 2023
2. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Mexico

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Mexico (CIF) - 2023

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $2,657 per ton in June 2023, flattening at the previous month. Overall, the import price continues to indicate a pronounced downturn. As a result, import price reached the peak level of $3,478 per ton. From September 2022 to June 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From August 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -1.4% per month.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Mexico

In 2022, purchases abroad of yarn of other vegetable textile fibres; paper yarns increased by 92% to 596 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns skyrocketed to $1.7M in 2022. In general, imports, however, recorded a deep downturn.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Mexico in 2022:

1. United States (526.0 tons)
2. China (55.2 tons)
3. Colombia (14.3 tons)

Source: IndexBox Market Intelligence Platform