Mexico: Men Swimwear Market 2025

Men Swimwear Market Size in Mexico

In 2021, the Mexican men swimwear market decreased by -2.8% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate a slight increase. Over the period under review, the market reached the peak level at $X in 2020, and then reduced in the following year.

Men Swimwear Production in Mexico

In value terms, men swimwear production declined to $X in 2021 estimated in export price. Overall, production, however, showed tangible growth. The pace of growth was the most pronounced in 2017 with an increase of 290%. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Men Swimwear Exports

Exports from Mexico

After three years of decline, shipments abroad of men’s swimwear (excluding of knitted or crocheted textiles) increased by 1,655% to X units in 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, men swimwear exports soared to $X in 2021. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for men swimwear exports from Mexico, with a 97% share of total exports. It was followed by the Dominican Republic (X units), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +37.7%.

In value terms, the United States ($X) remains the key foreign market for men’s swimwear (excluding of knitted or crocheted textiles) exports from Mexico, comprising 98% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +43.5%.

Export Prices by Country

In 2021, the average men swimwear export price amounted to $X per unit, dropping by -21.3% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, men swimwear export price decreased by -22.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Dominican Republic amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%).

Men Swimwear Imports

Imports into Mexico

In 2021, men swimwear imports into Mexico was estimated at X units, surging by 5.8% against 2020 figures. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -18.1% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 83% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, men swimwear imports rose significantly to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 28%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of men swimwear to Mexico, with a 75% share of total imports. Moreover, men swimwear imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), sixfold. The third position in this ranking was held by Indonesia (X units), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+14.5% per year) and Indonesia (+7.0% per year).

In value terms, China ($X) constituted the largest supplier of men’s swimwear (excluding of knitted or crocheted textiles) to Mexico, comprising 64% of total imports. The second position in the ranking was held by Bangladesh ($X), with an 8.1% share of total imports. It was followed by Vietnam, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+14.0% per year) and Vietnam (-2.6% per year).

Import Prices by Country

In 2021, the average men swimwear import price amounted to $X per unit, increasing by 6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+84.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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