Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico - 2022

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico (FOB) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico (CIF) - 2022
  3. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico
  4. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico (FOB) - 2022

In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $14 per square meter, increasing by 5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 an increase of 5.5% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

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 +4.2% per year.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico (CIF) - 2022

In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $37 per square meter, rising by 8.8% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 10%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($58 per square meter), while the price for China ($13 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 UK (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico

For the third year in a row, Mexico recorded decline in shipments abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -3.9% to 805K square meters in 2022. In general, exports showed a deep setback. The smallest decline of -3.8% was in 2021. The exports peaked at 1M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair amounted to $11M in 2022. Overall, exports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 1.4% against the previous year. Over the period under review, the exports of hit record highs at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.611.011.111.3-0.9%
Others0.5N/AN/AN/A0%
Total12.111.011.111.3-2.3%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Mexico in 2022:

  1. United States (804.8K square meters)

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico

In 2022, imports of woven fabrics of carded wool or of carded fine animal hair into Mexico declined to 131K square meters, shrinking by -13.5% compared with 2021. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 8.5% against the previous year. Over the period under review, imports of reached the peak figure at 194K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair shrank to $4.9M in 2022. Over the period under review, imports saw a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Imports peaked at $5.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.83.84.84.23.4%
Italy0.90.40.20.6-12.6%
United Kingdom0.30.10.20.1-30.7%
China0.50.1N/AN/A-80.0%
OthersN/AN/AN/AN/A0%
Total5.64.55.24.9-4.4%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Mexico in 2022:

  1. United States (105.3K square meters)
  2. Italy (22.2K square meters)
  3. China (2.2K square meters)
  4. United Kingdom (1.6K square meters)

Source: IndexBox Market Intelligence Platform

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