The market is dominated by foreign suppliers, as imports account for 71.8% of total market size in 2023. B2B drives market demand, with B2B spending representing 88.7% of total demand in 2023. Mexico has the second largest market size for cordage, rope, twine and netting regionally, with demand reaching USD227 million in 2023. The total number of companies decreases in 2023, to 12,341 units. The costs of the industry increase by 14.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 13.1% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 71.0% of total production output. With production value of USD153 million, Mexico accounts for 15.7% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Cordage, Rope, Twine and Netting in Mexico: ISIC 1723. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cordage, Rope, Twine and Netting in Mexico: ISIC 1723 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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