Mexico - High-Tenacity Filament Yarn Of Aramids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Mexico - High-Tenacity Filament Yarn Of Aramids - Market Analysis, Forecast, Size, Trends And Insights

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Price for High-Tenacity Filament Aramids Yarn in Mexico - 2023

Contents:

  1. Price for High-Tenacity Filament Aramids Yarn in Mexico (CIF) - 2023
  2. Price for High-Tenacity Filament Aramids Yarn in Mexico (FOB) - 2023
  3. Imports of High-Tenacity Filament Aramids Yarn in Mexico
  4. Exports of High-Tenacity Filament Aramids Yarn in Mexico

Price for High-Tenacity Filament Aramids Yarn in Mexico (CIF) - 2023

In June 2023, the average high-tenacity filament aramids yarn import price amounted to $28,275 per ton, increasing by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in March 2023 an increase of 33% month-to-month. Over the period under review, average import prices hit record highs at $30,822 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($30,046 per ton), while the price for Japan ($22,896 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for High-Tenacity Filament Aramids Yarn in Mexico (FOB) - 2023

The average high-tenacity filament aramids yarn export price stood at $22,386 per ton in June 2023, falling by -38.8% against the previous month. Overall, the export price, however, showed pronounced growth. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 47% against the previous month. Over the period under review, the average export prices hit record highs at $36,571 per ton in May 2023, and then declined sharply in the following month.

As there is only one major export destination, the average price level is determined by prices for the United States.

From July 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +4.7% per month.

Imports of High-Tenacity Filament Aramids Yarn in Mexico

In 2022, approx. 1.5K tons of high-tenacity filament yarn of aramids were imported into Mexico; growing by 3.1% against the year before. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, high-tenacity filament aramids yarn imports rose remarkably to $37M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of High-Tenacity Filament Aramids Yarn in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.511.513.618.0-2.6%
Netherlands8.612.712.210.05.2%
Japan6.64.18.07.43.9%
South Korea0.30.40.31.467.1%
OthersN/A0.1N/AN/A0%
Total35.028.834.136.81.7%

Top Suppliers of High-Tenacity Filament Aramids Yarn to Mexico in 2022:

  1. United States (625.8 tons)
  2. Netherlands (519.7 tons)
  3. Japan (256.2 tons)
  4. South Korea (50.8 tons)

Exports of High-Tenacity Filament Aramids Yarn in Mexico

In 2022, shipments abroad of high-tenacity filament yarn of aramids decreased by -36.4% to 34 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of 147% against the previous year. As a result, the exports attained the peak of 82 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, high-tenacity filament aramids yarn exports declined dramatically to $648K in 2022. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 146%. As a result, the exports attained the peak of $2.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of High-Tenacity Filament Aramids Yarn in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3269071,32064825.7%
Brazil5081,143N/AN/A125.0%
OthersN/AN/AN/AN/A0%
Total8342,0511,320648-8.1%

Top Export Markets for High-Tenacity Filament Aramids Yarn from Mexico in 2022:

  1. United States (34.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn 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 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, yarn of man-made staple fibers imports amounted to $X in 2016. In general, yarn of man-made staple fibers imports continue to indicate a relatively flat trend pattern. Global yarn o...

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In value terms, man-made filament yarn exports stood at $X in 2016. In general, man-made filament yarn exports continue to indicate a relatively flat trend pattern. Global man-made filament yarn exp...

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In value terms, yarn of artificial staple fibers exports totaled $X in 2016. In general, yarn of artificial staple fibers exports continue to indicate a relatively flat trend pattern. Over the peri...

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In value terms, yarn of man-made staple fibers exports amounted to $X in 2016. Overall, it indicated a modest expansion from 2007 to 2016: the total exports value increased at an average annual rat...

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In value terms, man-made filament yarn imports amounted to $X in 2016. Overall, it indicated a modest increase from 2007 to 2016: the total imports value decreased at an average annual rate of -X>

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In value terms, yarn of artificial staple fibers imports stood at $X in 2016. Overall, yarn of artificial staple fibers imports continue to indicate a relatively flat trend pattern. Global yarn of ...

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Free Data: High-Tenacity Filament Yarn Of Aramids - Mexico