Man-made Filament Fabric Market in Mexico
Market Overview
The Mexican man-made filament fabric market soared to $
in , jumping 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). Overall, the total consumption indicated pronounced growth from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Man-made filament fabric consumption peaked at $ in 2016; however, from 2017 to , consumption remained at a lower figure.
In value terms, man-made filament fabric production declined to $ in estimated in export price. Overall, the total production indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Man-made filament fabric production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.
in , jumping 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). Overall, the total consumption indicated pronounced growth from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Man-made filament fabric consumption peaked at $ in 2016; however, from 2017 to , consumption remained at a lower figure.In value terms, man-made filament fabric production declined to $
in estimated in export price. Overall, the total production indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Man-made filament fabric production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.Consumption
In , approx. square meters of woven fabrics of man-made filaments and staple fibers were consumed in Mexico; increasing by % on the previous year. Over the period under review, the total consumption indicated a notable increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Man-made filament fabric consumption peaked in and is expected to retain growth in the near future.
The revenue of the man-made filament fabric market in Mexico reached $ in , increasing 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). In general, the total consumption indicated a tangible expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, the market hit record highs at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.
, approx. square meters of woven fabrics of man-made filaments and staple fibers were consumed in Mexico; increasing by % on the previous year. Over the period under review, the total consumption indicated a notable increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Man-made filament fabric consumption peaked in and is expected to retain growth in the near future.The revenue of the man-made filament fabric market in Mexico reached $
in , increasing 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). In general, the total consumption indicated a tangible expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, the market hit record highs at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for woven fabrics of man-made filaments and staple fibers in Mexico, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to square meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to square meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Man-made filament fabric market in Mexico remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Mexico remains a net importer of man-made filament fabric; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of square meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of square meters, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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