Mexico: Women Hosiery Market 2024

Women Hosiery Market Size in Mexico

The Mexican women hosiery market was estimated at $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate a notable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Women Hosiery Production in Mexico

In value terms, women hosiery production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Women Hosiery Exports

Exports from Mexico

In 2022, overseas shipments of socks, stockings and other women's hosiery increased by X% to X pairs, rising for the fifth consecutive year after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, women hosiery exports soared to $X in 2022. In general, exports, however, showed a perceptible downturn. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X pairs) was the main destination for women hosiery exports from Mexico, accounting for a X% share of total exports. Moreover, women hosiery exports to the United States exceeded the volume sent to the second major destination, Guatemala (X pairs), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest.

In value terms, the United States ($X) remains the key foreign market for socks, stockings and other women's hosiery exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%.

Export Prices by Country

In 2022, the average women hosiery export price amounted to $X per pair, falling by X% against the previous year. Over the period under review, the export price showed a pronounced downturn. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per pair in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per pair), while the average price for exports to Guatemala stood at $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced a decline.

Women Hosiery Imports

Imports into Mexico

In 2022, the amount of socks, stockings and other women's hosiery imported into Mexico reached X pairs, picking up by X% compared with 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, women hosiery imports expanded rapidly to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X pairs) constituted the largest women hosiery supplier to Mexico, accounting for a X% share of total imports. Moreover, women hosiery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X pairs), eightfold. The third position in this ranking was held by Turkey (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Mexico, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Turkey (X% per year).

Import Prices by Country

The average women hosiery import price stood at $X per pair in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per pair in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per pair) and Pakistan ($X per pair), while the price for China ($X per pair) and Turkey ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :