Mexico - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

Mexico - Tyre Cord Fabric Of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Tyre Cord Fabric Price in Mexico - 2021

Contents:

  1. Tyre Cord Fabric Price in Mexico (CIF) - 2021
  2. Tyre Cord Fabric Price in Mexico (FOB) - 2022
  3. Tyre Cord Fabric Imports in Mexico
  4. Tyre Cord Fabric Exports in Mexico

Tyre Cord Fabric Price in Mexico (CIF) - 2021

The average tyre cord fabric import price stood at $11,077 per ton in July 2021, standing approximately at the previous month. Overall, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From January 2021 to July 2021, the rate of growth in terms of prices for China amounted to +18.3% per month.

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Tyre Cord Fabric Price in Mexico (FOB) - 2022

In 2022, the average tyre cord fabric export price amounted to $2,848 per ton, with a decrease of -2% against the previous year. In general, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 8.8%. The export price peaked at $4,552 per ton in 2012; however, from 2013 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 Peru amounted to -3.9% per year.

Tyre Cord Fabric Imports in Mexico

In 2022, tyre cord fabric imports into Mexico declined markedly to 5.9K tons, with a decrease of -36.2% on 2021 figures. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports attained the peak of 9.2K tons, and then fell dramatically in the following year.

In value terms, tyre cord fabric imports dropped markedly to $51M in 2022. Overall, imports continue to indicate a slight slump. The growth pace was the most rapid in 2021 with an increase of 52%. As a result, imports attained the peak of $63M, and then reduced dramatically in the following year.

Import of Tyre Cord Fabric in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.916.825.320.2-1.1%
China9.27.620.216.321.0%
Vietnam15.812.517.114.5-2.8%
South Korea5.53.1N/AN/A-43.6%
Others1.51.40.20.1-59.5%
Total52.941.462.851.1-1.1%

Top Suppliers of Tyre Cord Fabric to Mexico in 2022:

  1. United States (3.5K tons)
  2. China (2.1K tons)
  3. Vietnam (0.2K tons)

Tyre Cord Fabric Exports in Mexico

In 2022, shipments abroad of tyre cord fabric of high tenacity yarn decreased by -88% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year.

In value terms, tyre cord fabric exports dropped sharply to $4.4M in 2022. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $37M, and then contracted dramatically in the following year.

Export of Tyre Cord Fabric in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.828.537.44.4-43.8%
OthersN/AN/AN/AN/A0%
Total24.828.637.44.4-43.8%

Top Export Markets for Tyre Cord Fabric from Mexico in 2022:

  1. United States (1.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tyre cord fabric 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 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

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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