Mexico Sells Curtains at a Rate of $4.5 per Square Meter

Mexico Curtains Export Price in June 2023

In June 2023, the curtains price stood at $4.5 per square meter, therefore (FOB, Mexico), remained relatively stable against the previous month. Overall, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 1.3% month-to-month. Over the period under review, the average export prices attained the peak figure at $5.6 per square meter in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

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

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -1.8% per month.

Mexico Curtains Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres ($7.5 per square meter), while the average price for exports of curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted ($3.3 per square meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for the following types: curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (+0.8%), while the prices for the other products experienced more modest paces of growth.

Mexico Curtains Exports

In June 2023, the amount of curtains and interior blinds exported from Mexico rose sharply to 11M square meters, picking up by 12% on the month before. The total export volume increased at an average monthly rate of +2.2% over the period from June 2022 to June 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in March 2023 with an increase of 20% against the previous month. As a result, the exports attained the peak of 12M square meters. From April 2023 to June 2023, the growth of the exports failed to regain momentum.

In value terms, curtains exports expanded notably to $51M (IndexBox estimates) in June 2023. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 with an increase of 20% m-o-m. As a result, the exports reached the peak of $52M. From April 2023 to June 2023, the growth of the exports failed to regain momentum.

Mexico Curtains Exports by Type

Curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted (11M square meters) was the largest type of curtains exported from Mexico, accounting for a 98% share of total exports. It was followed by curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (147K square meters), with a 1.3% share of total exports.

From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of export of curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted totaled +2.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (+15.5% per month) and curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-2.7% per month).

In value terms, curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted ($50M) remains the largest type of curtains exported from Mexico, comprising 98% of total exports. The second position in the ranking was held by curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres ($1.1M), with a 2.1% share of total exports.

From June 2022 to June 2023, the average monthly growth rate of the export volume of curtains (including drapes) and interior blinds, curtain or bed valances; of synthetic fibres, not knitted or crocheted was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: curtains (including drapes) and interior blinds; curtain or bed valances, knitted or crocheted, of synthetic fibres (+16.4% per month) and curtains (including drapes) and interior blinds, curtain or bed valances; of cotton, not knitted or crocheted (-2.7% per month).

Mexico Curtains Exports by Country

the United States (11M square meters) was the main destination for curtains exports from Mexico, accounting for a approximately 100% share of total exports.

From June 2022 to June 2023, the average monthly growth rate of volume to the United States stood at +2.2%.

In value terms, the United States ($51M) also remains the key foreign market for curtains exports from Mexico.

From June 2022 to June 2023, the average monthly rate of growth in terms of value to the United States was relatively modest.

Source: IndexBox Market Intelligence Platform