Mexico: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Mexico

The Mexican market for chamois leather and combination chamois leather reduced to $X in 2022, with a decrease of -6.2% against the previous year. In general, consumption continues to indicate a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Chamois Leather and Combination Chamois Leather in Mexico

In value terms, production of chamois leather and combination chamois leather declined to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable decline. The pace of growth appeared the most rapid in 2021 when the production volume increased by 18% against the previous year. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Mexico

Exports of chamois leather and combination chamois leather from Mexico shrank rapidly to X square meters in 2022, waning by -23.7% against 2021 figures. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 353%. The exports peaked at X square meters in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of chamois leather and combination chamois leather contracted sharply to $X in 2022. In general, exports faced a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 344%. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X square meters) was the main destination for exports of chamois leather and combination chamois leather from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for chamois leather and combination chamois leather exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States stood at -3.8%.

Export Prices by Country

The average export price for chamois leather and combination chamois leather stood at $X per square meter in 2022, which is down by -13% against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2.5%. Over the period under review, the average export prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, the 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 Nicaragua amounted to -2.7% per year.

Imports of Chamois Leather and Combination Chamois Leather

Imports into Mexico

Imports of chamois leather and combination chamois leather into Mexico surged to X square meters in 2022, rising by 217% against 2021. Overall, imports saw a notable increase. Imports peaked at X square meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of chamois leather and combination chamois leather soared to $X in 2022. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X square meters) constituted the largest chamois leather and combination chamois leather supplier to Mexico, with a 72% share of total imports. Moreover, imports of chamois leather and combination chamois leather from the United States exceeded the figures recorded by the second-largest supplier, Italy (X square meters), threefold. China (X square meters) ranked third in terms of total imports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.7% per year) and China (+26.2% per year).

In value terms, the United States ($X) constituted the largest supplier of chamois leather and combination chamois leather to Mexico, comprising 72% of total imports. The second position in the ranking was taken by Italy ($X), with a 21% share of total imports. It was followed by China, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.2% per year) and China (+23.0% per year).

Import Prices by Country

In 2022, the average import price for chamois leather and combination chamois leather amounted to $X per square meter, declining by -8.8% against the previous year. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of 8.9% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per square meter) and China ($X per square meter), while the price for Italy ($X per square meter) and Turkey ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :