Mexico: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2025

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Mexico

In 2022, the Mexican metal thread woven fabric market decreased by -95.7% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption, however, recorded a significant expansion. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Mexico

In value terms, metal thread woven fabric production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt decline. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from Mexico

Metal thread woven fabric exports from Mexico shrank sharply to X square meters in 2022, waning by -21.4% on the previous year's figure. In general, exports faced a sharp curtailment. The exports peaked at X square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal thread woven fabric exports declined sharply to $X in 2022. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2016 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belize (X square meters) was the main destination for metal thread woven fabric exports from Mexico, with a 125% share of total exports. Moreover, metal thread woven fabric exports to Belize exceeded the volume sent to the second major destination, Cuba (X square meters), twofold. The third position in this ranking was taken by Panama (X square meters), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belize amounted to +27.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (-4.3% per year) and Panama (-20.8% per year).

In value terms, Belize ($X) remains the key foreign market for woven fabrics of metal thread and woven fabrics of metallised yarn exports from Mexico, comprising 108% of total exports. The second position in the ranking was held by Cuba ($X), with a 27% share of total exports. It was followed by Guatemala, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Belize stood at +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (-2.6% per year) and Guatemala (+18.5% per year).

Export Prices by Country

The average metal thread woven fabric export price stood at $X per square meter in 2022, which is down by -40.5% against the previous year. In general, the export price, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 255%. As a result, the export price attained the peak level of $X per square meter, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($X per square meter), while the average price for exports to Honduras ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into Mexico

In 2022, after ten years of growth, there was significant decline in purchases abroad of woven fabrics of metal thread and woven fabrics of metallised yarn, when their volume decreased by -99.5% to X square meters. Overall, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 298% against the previous year. As a result, imports reached the peak of X square meters, and then shrank dramatically in the following year.

In value terms, metal thread woven fabric imports contracted markedly to $X in 2022. Over the period under review, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 288% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X square meters), India (X square meters) and Taiwan (Chinese) (X square meters) were the main suppliers of metal thread woven fabric imports to Mexico.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +108.9%), while purchases for the other leaders experienced a decline.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to Mexico, comprising 8,773% of total imports. The second position in the ranking was held by India ($X), with a 2,924% share of total imports. It was followed by Japan, with a 2,453% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+105.7% per year) and Japan (-12.7% per year).

Import Prices by Country

In 2022, the average metal thread woven fabric import price amounted to $X per square meter, dropping by -38.4% against the previous year. Over the period under review, the import price faced a dramatic descent. The pace of growth appeared the most rapid in 2021 a decrease of -2.5% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per square meter), while the price for the United States ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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