Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico - 2023
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico (CIF) - 2022
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico (FOB) - 2022
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico (CIF) - 2022
The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $13,724 per ton in 2022, with an increase of 8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2018 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($13,724 per ton) and China ($13,724 per ton), while the price for Italy ($13,724 per ton) and the United States ($13,724 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico (FOB) - 2022
In 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $11,052 per ton, growing by 1.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 14%. As a result, the export price reached the peak level of $11,657 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cuba ($11,052 per ton) and Guatemala ($11,052 per ton), while the average price for exports to El Salvador ($11,052 per ton) and Ecuador ($11,052 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico
In 2022, approx. 1.5K tons of footwear; parts, outer soles and heels, of rubber or plasticses were imported into Mexico; reducing by -9.8% against the year before. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 146% against the previous year. As a result, imports reached the peak of 1.7K tons, and then declined in the following year.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses shrank slightly to $21M in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 140%. As a result, imports attained the peak of $21M, and then dropped in the following year.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 7.1 | 18.8 | 18.8 | 30.3% |
| United States | 0.3 | 0.6 | 1.5 | 1.6 | 74.7% |
| Italy | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Vietnam | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Others | 0.3 | 0.6 | 0.4 | N/A | 15.5% |
| Total | 9.8 | 8.8 | 21.2 | 20.8 | 28.5% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Mexico in 2022:
- China (1371.2 tons)
- United States (116.6 tons)
- Italy (16.7 tons)
- Vietnam (9.0 tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico
In 2022, overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses were finally on the rise to reach 410 tons after two years of decline. In general, exports, however, faced a sharp decrease.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses skyrocketed to $4.5M in 2022. Overall, exports, however, faced a dramatic slump.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,273 | 732 | 1,272 | 1,261 | -0.3% |
| Dominican Republic | 5,062 | 2,626 | 345 | 1,166 | -38.7% |
| El Salvador | 661 | 443 | 659 | 880 | 10.0% |
| Cuba | 1,059 | 366 | 941 | 628 | -16.0% |
| Guatemala | 214 | 144 | 350 | 352 | 18.0% |
| Colombia | 618 | 258 | 57.5 | 144 | -38.5% |
| Ecuador | 116 | 44.0 | N/A | 97.9 | -5.5% |
| Others | 193 | 103 | N/A | N/A | -46.6% |
| Total | 9,195 | 4,716 | 3,625 | 4,529 | -21.0% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Mexico in 2022:
- United States (114.1 tons)
- Dominican Republic (105.5 tons)
- El Salvador (79.6 tons)
- Cuba (56.8 tons)
- Guatemala (31.8 tons)
- Colombia (13.1 tons)
- Ecuador (8.9 tons)
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