Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico (FOB) - 2022
  2. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico (CIF) - 2022
  3. Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico
  4. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico (FOB) - 2022

In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $25,290 per ton, increasing by 3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $25,687 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 -0.0% per year.

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico (CIF) - 2022

In 2021, the average import price for yarn of combed wool, not put up for retail sale amounted to $25,828 per ton, picking up by 7.6% against the previous year. Overall, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for yarn of combed wool, not put up for retail sale increased by +26.8% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 27% against the previous year. The import price peaked at $26,227 per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +10.9% per year.

Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico

Exports of yarn of combed wool, not put up for retail sale from Mexico surged to 233 tons in 2022, growing by 66% compared with 2021. In general, total exports indicated a noticeable expansion from 2020 to 2022: its volume increased at an average annual rate of +4.6% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn of combed wool, not put up for retail sale surged to $5.9M in 2022. Over the period under review, total exports indicated a strong increase from 2020 to 2022: its value increased at an average annual rate of +7.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico (Million USD)
COUNTRY202020212022CAGR,
2020-2022
United States5.13.45.97.6%
OthersN/AN/AN/A0%
Total5.13.45.97.6%

Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Mexico in 2022:

  1. United States (232.7 tons)

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico

Imports of yarn of combed wool, not put up for retail sale into Mexico reduced sharply to 1.3 tons in 2021, waning by -92.2% compared with 2020. In general, imports showed a sharp shrinkage. The smallest decline of -47.1% was in 2020.

In value terms, imports of yarn of combed wool, not put up for retail sale dropped rapidly to $35K in 2021. Over the period under review, imports saw a sharp setback. The smallest decline of -37.7% was in 2020.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Mexico (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United States41741334.8-71.1%
Italy246N/AN/A0%
OthersN/AN/AN/A0%
Total66341334.8-77.1%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Mexico in 2022:

  1. United States (1.3 tons)

Source: IndexBox Market Intelligence Platform

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