Mexico - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Apparel Price in Mexico - 2023
Contents:
- Leather Apparel Price in Mexico (CIF) - 2023
- Leather Apparel Price in Mexico (FOB) - 2023
- Leather Apparel Imports in Mexico
- Leather Apparel Exports in Mexico
Leather Apparel Price in Mexico (CIF) - 2023
The average leather apparel import price stood at $117 per unit in October 2023, leveling off at the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 12% against the previous month. The import price peaked at $118 per unit in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Vietnam ($117 per unit) and India ($117 per unit), while the price for Italy ($117 per unit) and Pakistan ($117 per unit) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.
Leather Apparel Price in Mexico (FOB) - 2023
In October 2023, the average leather apparel export price amounted to $161 per unit, therefore, remained relatively stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 34% month-to-month. As a result, the export price attained the peak level of $161 per unit; afterwards, it flattened through to October 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +2.5% per month.
Leather Apparel Imports in Mexico
After two years of decline, supplies from abroad of apparel of leather or of composition leather increased by 30% to 82K units in 2022. Overall, imports, however, saw a abrupt descent. Imports peaked at 103K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, leather apparel imports soared to $9.7M in 2022. In general, imports, however, continue to indicate a pronounced decline. Over the period under review, imports hit record highs at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Leather Apparel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.9 | 4.3 | 5.1 | 6.0 | 0.6% |
| Italy | 2.1 | 1.5 | 1.2 | 2.0 | -1.6% |
| Pakistan | 0.4 | 0.5 | 0.5 | 0.7 | 20.5% |
| China | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Turkey | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Vietnam | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Others | 0.9 | 0.5 | 0.1 | 0.2 | -39.4% |
| Total | 10.3 | 7.4 | 7.3 | 9.7 | -2.0% |
Top Suppliers of Leather Apparel to Mexico in 2022:
- India (50.7K units)
- Italy (17.3K units)
- Pakistan (5.6K units)
- China (2.7K units)
- Turkey (2.1K units)
- Vietnam (1.6K units)
Leather Apparel Exports in Mexico
Leather apparel exports from Mexico surged to 64K units in 2022, growing by 155% compared with the year before. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, leather apparel exports surged to $7.7M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Leather Apparel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 2.6 | 3.6 | 7.5 | 34.2% |
| Guatemala | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 3.5 | 2.7 | 3.6 | 7.7 | 30.1% |
Top Export Markets for Leather Apparel from Mexico in 2022:
- United States (62.6K units)
- Guatemala (1.1K units)
This report provides an in-depth analysis of the leather apparel 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 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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