Price for Embroidery; in the Piece, in Strips or in Motifs in Mexico - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Mexico (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Mexico (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Mexico
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Mexico
Price for Embroidery; in the Piece, in Strips or in Motifs in Mexico (CIF) - 2022
In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $5,291 per ton, almost unchanged from the previous year. Over the period under review, the import price saw a mild decline. The growth pace was the most rapid in 2014 an increase of 5.1%. Over the period under review, average import prices reached the maximum at $5,872 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,965 per ton), while the price for the United States totaled $4,683 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.6%).
Price for Embroidery; in the Piece, in Strips or in Motifs in Mexico (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $180,685 per ton, increasing by 8.5% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 45%. The export price peaked in 2022 and is expected to retain growth in the near future.
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 the United States amounted to +11.9% per year.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Mexico
Imports of embroidery; in the piece, in strips or in motifses into Mexico surged to 3.5K tons in 2022, with an increase of 29% on the previous year's figure. Overall, imports, however, saw a perceptible shrinkage.
In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $18M in 2022. In general, imports, however, continue to indicate a noticeable descent.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.7 | 7.8 | 10.8 | 15.1 | -1.3% |
| United States | 1.7 | 1.4 | 1.9 | 1.4 | -6.3% |
| Others | 2.5 | 2.3 | 1.6 | 1.8 | -10.4% |
| Total | 19.9 | 11.6 | 14.3 | 18.4 | -2.6% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Mexico in 2022:
- China (3.1K tons)
- United States (0.3K tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Mexico
In 2022, the amount of embroidery; in the piece, in strips or in motifses exported from Mexico dropped remarkably to 93 tons, reducing by -15.6% on the previous year's figure. In general, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of 110 tons, and then shrank significantly in the following year.
In value terms, exports of embroidery; in the piece, in strips or in motifses dropped to $17M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70%. As a result, the exports attained the peak of $18M, and then contracted in the following year.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.8 | 10.4 | 18.4 | 16.9 | 12.7% |
| Cuba | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Total | 11.9 | 10.8 | 18.4 | 16.9 | 12.4% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Mexico in 2022:
- United States (93.3 tons)
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