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Mexico - Woven Fabrics Of Flax - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

Mexico - Woven Fabrics Of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Sep 9, 2024

Flax Fabric Import in Mexico Plummets to $6.4M in 2023

Mexico Flax Fabric Imports

In 2023, flax fabric imports into Mexico dropped markedly to 193K square meters, which is down by -23.9% against 2022. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2022 with an increase of 106% against the previous year. Over the period under review, imports reached the maximum at 373K square meters in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, flax fabric imports shrank dramatically to $6.4M (IndexBox estimates) in 2023. In general, imports saw a noticeable decline. The growth pace was the most rapid in 2022 with an increase of 127%. Over the period under review, imports attained the maximum at $10M in 2013; however, from 2014 to 2023, imports remained at a lower figure.Mexico Flax Fabric Imports By Country (Thousand USD)

COUNTRYImport Value of Flax Fabric in Mexico (thousand USD)
20132014201520162017201820192020202120222023
China4,9554,5334,4084,2323,5534,1444,3421,6131,9555,6434,613
Italy1,5051,1671,4801,0181,3231,7121,350821586296452
United States826480486303334270227121111351340
Belgium381175519483169454531270192355321
India306347443327329551434191201595281
Spain97378046857947747140919378.0125159
United Kingdom16335331739324917721218928.350.343.9
Others1,290619442486423466339245202211182
Total10,3998,4538,5627,8216,8578,2457,8443,6443,3547,6266,391

Imports by Country

In 2023, China (143K square meters) constituted the largest supplier of flax fabric to Mexico, with a 74% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Italy (13K square meters), more than tenfold. Belgium (9.7K square meters) ranked third in terms of total imports with a 5% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from China totaled -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-12.1% per year) and Belgium (-3.7% per year).

In value terms, China ($4.6M) constituted the largest supplier of woven fabrics of flax to Mexico, comprising 72% of total imports. The second position in the ranking was taken by Italy ($452K), with a 7.1% share of total imports. It was followed by the United States, with a 5.3% share.

From 2013 to 2023, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-11.3% per year) and the United States (-8.5% per year).

Imports by Type

Fabrics, woven; of flax, containing 85% or more flax, other than bleached or unbleached (81K square meters), fabrics, woven; of flax, containing 85% or more flax, unbleached or bleached (58K square meters) and fabrics, woven; of flax, containing less than 85% flax, other than unbleached or bleached (47K square meters) were the main products of flax fabric imports to Mexico, with a combined 96% share of total imports.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by fabrics, woven; of flax, containing 85% or more flax, unbleached or bleached (with a CAGR of -3.9%), while imports for the other products experienced a decline.

In value terms, fabrics, woven; of flax, containing 85% or more flax, other than bleached or unbleached ($3.3M) constituted the largest type of woven fabrics of flax supplied to Mexico, comprising 52% of total imports. The second position in the ranking was held by fabrics, woven; of flax, containing less than 85% flax, other than unbleached or bleached ($1.6M), with a 26% share of total imports. It was followed by fabrics, woven; of flax, containing 85% or more flax, unbleached or bleached, with a 21% share.

Import Prices by Country

In 2023, the flax fabric price amounted to $33 per square meter (CIF, Mexico), rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2020 when the average import price increased by 13%. Over the period under review, average import prices reached the maximum in 2023 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from the UK ($44 per square meter) and the United States ($40 per square meter), while the price for China ($32 per square meter) and Belgium ($33 per square meter) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flax fabric market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
  • Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

Country coverage:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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