Price for Tents of Synthetic Fibres in Mexico - 2023

Price for Tents of Synthetic Fibres in Mexico (CIF) - 2022

The average tents of synthetic fibres import price stood at $11,260 per ton in 2022, picking up by 4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2020 an increase of 16%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($11,260 per ton), while the price for China ($11,260 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Mexico (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $10,058 per ton, waning by -5.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 17% against the previous year. Over the period under review, the average export prices attained the maximum at $15,870 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,058 per ton), while the average price for exports to Guatemala stood at $10,058 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-0.4%).

Imports of Tents of Synthetic Fibres in Mexico

In 2022, imports of tents of synthetic fibreses into Mexico soared to 1.5K tons, increasing by 29% compared with the previous year. Over the period under review, imports, however, recorded a abrupt downturn.

In value terms, tents of synthetic fibres imports soared to $17M in 2022. In general, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tents of Synthetic Fibres in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	13.2	9.1	11.1	14.9	4.1%
Bangladesh	1.8	1.4	1.0	1.7	-1.9%
United States	0.3	0.5	0.3	0.3	0.0%
Others	0.7	0.5	0.1	N/A	-62.2%
Total	16.0	11.5	12.5	16.9	1.8%

Top Suppliers of Tents of Synthetic Fibres to Mexico in 2022:

China (1321.1 tons)
Bangladesh (153.5 tons)
United States (23.1 tons)

Exports of Tents of Synthetic Fibres in Mexico

In 2022, shipments abroad of tents of synthetic fibreses was finally on the rise to reach 137 tons after two years of decline. Over the period under review, exports, however, saw a deep setback.

In value terms, tents of synthetic fibres exports expanded remarkably to $1.4M in 2022. In general, exports, however, faced a precipitous contraction.