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Mexico - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Woolen Yarn Market Overview 2021

Woolen Yarn Market Size in Mexico

In 2020, the Mexican woolen yarn market increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, the total consumption indicated a resilient increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Woolen Yarn Production in Mexico

In value terms, woolen yarn production rose to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a resilient expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in years to come.

Woolen Yarn Exports

Exports from Mexico

Woolen yarn exports from Mexico shrank markedly to X tonnes in 2020, with a decrease of -X% on the previous year. Overall, exports, however, posted moderate growth. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, woolen yarn exports shrank rapidly to $X in 2020. In general, exports, however, saw a notable expansion. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for woolen yarn exports from Mexico, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at +X%.

In value terms, the U.S. ($X) also remains the key foreign market for woolen yarn exports from Mexico.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to +X%.

Export Prices by Country

The average woolen yarn export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the export price recorded a slight downturn. The growth pace was the most rapid in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Woolen Yarn Imports

Imports into Mexico

In 2020, approx. X tonnes of yarn of wool were imported into Mexico; which is down by -X% compared with the year before. Over the period under review, imports showed a sharp descent. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, woolen yarn imports contracted significantly to $X in 2020. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

The U.S. (X tonnes), Italy (X tonnes) and China (X kg) were the main suppliers of woolen yarn imports to Mexico.

From 2007 to 2020, the biggest increases were in Italy, while purchases for the other leaders experienced a decline.

In value terms, the U.S. ($X), Italy ($X) and China ($X) appeared to be the largest woolen yarn suppliers to Mexico.

Among the main suppliers, China saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average woolen yarn import price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yarn of wool in the world?
+
China (281K tonnes) remains the largest woolen yarn consuming country worldwide, comprising approx. 32% of total volume. Moreover, woolen yarn consumption in China exceeded the figures recorded by the second-largest consumer, India (51K tonnes), fivefold. The third position in this ranking was occupied by Indonesia (47K tonnes), with a 5.3% share.
What are the largest producers of yarn of wool in the world?
+
China (303K tonnes) constituted the country with the largest volume of woolen yarn production, comprising approx. 34% of total volume. Moreover, woolen yarn production in China exceeded the figures recorded by the second-largest producer, India (57K tonnes), fivefold. Italy (50K tonnes) ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of yarn of wool to Mexico?
+
In value terms, the largest woolen yarn suppliers to Mexico were the U.S. ($80K), Italy ($47K) and China ($13K).
What are the leading importers of yarn of wool from Mexico?
+
In value terms, the U.S. ($2.9M) remains the key foreign market for woolen yarn exports from Mexico.
What is the average export price for yarn of wool in Mexico?
+
The average woolen yarn export price stood at $13,137 per tonne in 2020, shrinking by -43.1% against the previous year.
What is the average import price for yarn of wool in Mexico?
+
In 2020, the average woolen yarn import price amounted to $16,941 per tonne, reducing by -2% against the previous year.

Product coverage:
• Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
• Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
• Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

This report provides an in-depth analysis of the woolen yarn 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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