Horsehair Market in Mexico
In value terms, horsehair production fell to $ in estimated in export prices. Over the period under review, production continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to , production remained at a lower figure.
In , the average horsehair yield in Mexico totaled kg per head, approximately equating the previous year. In general, the yield showed a relatively flat trend pattern.
In , the number of animals slaughtered for horsehair production in Mexico stood at head, approximately reflecting 2019 figures. Overall, the number of producing animals showed a relatively flat trend pattern.
The value of the horsehair market in Mexico fell markedly to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a significant curtailment. The pace of growth appeared the most rapid in 2016 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. from 2017 to , the growth of the market remained at a somewhat lower figure.