Mexico - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingT-Shirt Price in Mexico - 2023
Contents:
- T-Shirt Price in Mexico (FOB) - 2023
- T-Shirt Price in Mexico (CIF) - 2023
- T-Shirt Exports in Mexico
- T-Shirt Imports in Mexico
T-Shirt Price in Mexico (FOB) - 2023
The average t-shirt export price stood at $2.3 per unit in August 2023, approximately equating the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 12% month-to-month. As a result, the export price attained the peak level of $2.8 per unit. From January 2023 to August 2023, the the average 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 August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.6% per month.
T-Shirt Price in Mexico (CIF) - 2023
The average t-shirt import price stood at $2.2 per unit in August 2023, reducing by -8.4% against the previous month. Overall, the import price recorded a mild slump. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 18% month-to-month. As a result, import price attained the peak level of $3.0 per unit. From October 2022 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($6.4 per unit), while the price for Honduras ($1.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Haiti (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
T-Shirt Exports in Mexico
In 2022, the amount of t-shirts exported from Mexico rose markedly to 3B units, with an increase of 14% on 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 580% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, t-shirt exports skyrocketed to $1.3B in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +66.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of T-Shirt in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 782 | 734 | 1,079 | 1,240 | 16.6% |
| Others | 34.7 | 34.8 | 30.9 | 39.8 | 4.7% |
| Total | 817 | 769 | 1,110 | 1,279 | 16.1% |
Top Export Markets for T-Shirt from Mexico in 2022:
- United States (3.0B units)
T-Shirt Imports in Mexico
In 2022, overseas purchases of t-shirts were finally on the rise to reach 94M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a significant contraction. Over the period under review, imports hit record highs at 269M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, t-shirt imports soared to $280M in 2022. Overall, imports, however, showed a abrupt shrinkage. Imports peaked at $489M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of T-Shirt in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.3 | 45.3 | 53.3 | 105 | 34.3% |
| United States | 240 | 270 | 42.2 | 42.3 | -43.9% |
| Vietnam | 14.7 | 16.1 | 14.9 | 29.6 | 26.3% |
| Honduras | 13.5 | 15.0 | 16.3 | 15.2 | 4.0% |
| El Salvador | 22.1 | 20.8 | 9.3 | 11.6 | -19.3% |
| Nicaragua | 1.8 | 4.2 | 4.5 | 6.7 | 55.0% |
| Haiti | 3.0 | 3.8 | 6.3 | 4.3 | 12.7% |
| India | 14.2 | 11.0 | 2.7 | 3.7 | -36.1% |
| Spain | 28.5 | 18.5 | 2.2 | 3.5 | -50.3% |
| Others | 108 | 84.4 | 35.4 | 58.1 | -18.7% |
| Total | 489 | 489 | 187 | 280 | -17.0% |
Top Suppliers of T-Shirt to Mexico in 2022:
- China (28.9M units)
- United States (21.2M units)
- Honduras (11.7M units)
- Nicaragua (4.9M units)
- El Salvador (4.7M units)
- Vietnam (4.6M units)
- Haiti (3.6M units)
- India (1.2M units)
- Spain (0.5M units)
This report provides an in-depth analysis of the t-shirt 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 14143000 - T-shirts, singlets and vests, knitted or crocheted
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
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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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This report provides an in-depth analysis of the t-shirt market in Mexico.
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This report provides an in-depth analysis of the global t-shirt market.
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This report provides an in-depth analysis of the t-shirt market in Mexico.
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This report provides an in-depth analysis of the global t-shirt market.
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Explore the top import markets for t-shirts around the world, including the United States, Germany, France, and more. Gain valuable insights into consumer preferences and market trends in the global fashion industry.
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In 2020, Uzbekistan was the only supplier which managed to ramp up T-shirt exports while other exporters saw a drop in sales. Exports from Uzbekistan rose by 8.5% y/y to 139M units or by 48% y/y to $165M in monetary terms.
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After two years of growth, the global t-shirt market decreased by -3.5% to $88.5B in 2019. In general, consumption,...
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In 2016, the global T-shirt market grew to X units, rising by an average growth rate of X% over the last nine years.
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Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
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Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
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In 2015, global T-shirt market stood at X million units.
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In 2015, global T-shirt market stood at X million units. In value terms, the market fluctuated over the period under review.
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In 2015, the value of total imports on the global T-shirt market stood at X billion USD. In physical terms, the total volume of T-shirts decreased to X billion units in 2015, which was X million units (X%) less than the year before.
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In 2015, the U.S. (X million units) was the leading t-shirt consuming market, distantly followed by China (X million units), the U.K. (X million units), and Canada (X million units). Together, these countries accounted for approximately X% o
