Denim has been an important part of the textile and apparel industry in Mexico . In fact , Mexico was the largest exporter of jeans to US before China came in . Even now substantial jeans are exported to US. Mexico has also been a large producer of denim fabrics with a number of mills doing large productions. However, over a period of last few years, Mexico lost some of the mills and imports also increased. This ensures a decent quantity of denim is coming into Mexico from around the world. In this report, we’ve listed top 10 denim fabric importers in Mexico for the period Sept and Oct. 2018 and analyzed the volume and average price along with the countries from where they are buying. The contents of this report are as below :
|
P A R T I C U L A R S |
|
Table showing top 10 denim fabric importers along with the average price ( USD/Sqm). |
|
Graph showing top 10 denim fabric importers. |
|
Graphs showing average price of ( USD/Sqm) top 10 denim fabric importers. |
|
Table showing major supplying countries to Mexican Denim Importers. |
|
Pie Chart showing major supplying countries to Mexican Denim Importers. |
|
10 Tables Showing the denim fabric importers along with the average price. |
|
30 Graphs showing the denim fabric importers along with average price. |
[private_special]
TOP 10 DENIM FABRIC IMPORTERS
During the period of early Dec’17- early Dec’18, Mexico has imported approx 13.05 million sqm of denim fabrics out of which 10.22 million sqm have been imported by these 10 companies. WH Fashions is the biggest importer of Denim Fabric with a total volume of 2.19 million sqm at an average price of USD 1.21/sqm. Textile Bucay is the 2nd biggest denim buyer which imported 1.53 million sqm denim fabric at an average price of USD 1.29/sqm. The list includes companies like Vicunha, Noro Textiles,Too Clothing, Biqual and Tri Diseo also, details of which you will find later in the report.
(Note: this data has been captured from various govt organizations including customs. the actual imports are likely to be higher than this figure .)
|
Denim Fabric Importers |
Volume ( SQM) |
Average Price ( USD/SQM) CIF |
|
WH FASHIONS |
2,190,309 |
1.21 |
|
TEXTILES BUCAY SA DE CV |
1,530,244 |
1.29 |
|
BIQUAL SA DE CV |
1,385,727 |
0.99 |
|
MANUFACTURERA LEE DE MEXICO SA DE CV |
1,287,931 |
1.98 |
|
TOO CLOTHING |
1,085,065 |
1.02 |
|
NORO TEXTIL S DE RL DE CV |
1,083,343 |
1.08 |
|
TRI DISEO |
675,257 |
1.15 |
|
WAREHOUSE JEANS MEXICO, S.A. DE C.V. |
394,948 |
1.38 |
|
ORANGE SYSTEM, S.A. DE C.V. |
393,054 |
1.03 |
|
VICUNHA TEXTIL S/A |
195,617 |
1.59 |
MAJOR SUPPLYING COUNTRIES
So far as the import of denim fabric is concerned , China is ruling the charts with a share of 80%. USA and India are the next bigger exporters of denim fabric to Mexico with the total export of 996,180 sqm & 480,576 sqm of denim fabirc respectevily. China is the least expensive exporter and Japan is most expensive .
|
Country |
Volume ( Sqm) |
Average Price (USD/Sqm) |
% Share |
|
CHINA |
10,460,845 |
1.15 |
80.13% |
|
USA |
996,180 |
1.94 |
7.63% |
|
INDIA |
480,576 |
1.35 |
3.68% |
|
MEXICO |
335,512 |
2.12 |
2.57% |
|
BRAZIL |
333,403 |
1.75 |
2.55% |
|
JAPAN |
137,376 |
3.79 |
1.05% |
|
OTHERS |
311,213 |
1.74 |
2.38% |
|
TOTAL |
13,055,105 |
1.30 |
100% |
WH FASHIONS
918,834 sqm of Denim Fabrics imported from Zhejiang Sansen Textile ( China)Â alone by WH Fashion out of the total imports 2.19 million sqm of denim fabrics which accounts for 42% of its total import. The 2nd largest exporting company is Suzhou Shenrui which exported 356,590 sqm of denim fabric at an average price of USD 1.29/sqm.
|
Companies |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
ZHEJIANG SANSEN TEXTILE CO., LTD. |
918,834 |
1.27 |
42% |
|
TOP SKY DRAGON TEXTILES CO., LTD. |
159,589 |
1.00 |
7% |
|
SUZHOU SHENRUI IMP&EXP CO., LTD. |
356,590 |
1.29 |
16% |
|
SIDDIQSONS LIMITED |
78,083 |
1.68 |
4% |
|
SHAOXING KEQIAO YUJIA TEXTILE CO., LTD |
82,653 |
1.31 |
4% |
|
POWER WIN GROUP CO., LIMITED. |
173,056 |
0.98 |
8% |
|
HONGKONG SUN INTERNATIONAL CO., LIMITED |
331,488 |
1.13 |
15% |
|
GLOBE TEXTILE (INDIA) LTD |
90,016 |
0.99 |
TEXTILES BUCAY
The total import of denim fabric made by Textiles Bucay during the period of Aug 31 – Oct 31 was 1.53 million sqm out of which 64% was bought from Hongkong Sun International and 36% from Shaoxing Zeqian Trading at an average price of USD1.32/sqm and USD 1.26/sqm respectively.
|
Companies |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
SHAOXING ZEQIAN TRADING CO., LTD |
555,055 |
1.26 |
36% |
HONGKONG SUN INTERNATIONAL CO.,LIMITED |
975,188 |
1.32 |
64% |
BIQUAL SA
The company has imported all the denim fabric from Zhejian Sansen Textile Cp (China) during the aforesaid
period and the total import was 1.38 million sqm at an average price of $0.99/sqm.
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
ZHEJIANG SANSEN TEXTILE CO., LTD. |
1,385,727 |
0.99 |
100% |
MANUFACTURERA LEE DE MEXICO
The company has imported all the denim fabric from a company which name has not been disclosed during the aforesaid period and the total import was 1.28 million sqm at
an average price of $1.98/sqm.
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
NA |
1,287,931 |
1.98 |
100% |
TOO CLOTHING
Too Clothing’s importing portfolio in Mexico consists of 3 major companies – Suzhou, Top Sky Dragon , and Zhejiang Sansen . Zhejiang exported 932,039 sqm of denim fabrics at an average price of $ 0.98/sqm which accounts for 86% in the total imports of Too Clothing. The rest two countries had contributed 7% each at an average of USd 1.29/sqm .
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
| SUZHOU SHENRUI IMP&EXP CO., LTD. |
74,310 |
1.29 |
7% |
| TOP SKY DRAGON TEXTILES CO., LTD. |
78,716 |
1.29 |
7% |
| ZHEJIANG SANSEN TEXTILE CO., LTD. |
932,039 |
0.98 |
86% |
NORO TEXTIL
Suzhou Shenrui from China is the major supplying company for Noro Textil , during Aug’18 – Oct’18 the company has imported total 1.08 million sqm of denim fabrics out of which alone Suzhou Shenrui contributed 819,798 sqm , apporx 76% , at an average price of $ 1.08/sqm. The average price at which Noro Textil is buying from Hongkong Sun International and Changzhou Xichen is $1.14/sqm and $0.98/sqm respectively.
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
CHANGZHOU XICHEN DIAO TEXTILE CO., LTD |
91,828 |
0.98 |
8% |
|
HONGKONG SUN INTERNATIONAL CO., LTD |
171,716 |
1.14 |
16% |
|
SUZHOU SHENRUI IMP&EXP CO., LTD. |
819,798 |
1.08 |
76% |
TRI DISEO
Hong Kong Sun International is the major supplying company for Tri Diseo , during Aug’18 – Oct’18 the company has imported total 675,257 sqm of denim fabrics out of which alone HongKong Sun International contributed 421,106 sqm , apporx 62% , at an average price of $ 1.187/sqm. The average price at which Tri Diseo is buying from Power Win Group and Shaoxing Lanniu is $1.01/sqm and $1.158/sqm respectively.
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
HONGKONG SUN INTERNATIONAL CO., LIMITED |
421,106 |
1.187 |
62% |
|
POWER WIN GROUP CO, LTD |
86,484 |
1.010 |
13% |
|
SHAOXING LANNIU TEXTILE CO., LTD |
167,667 |
1.158 |
25% |
WAREHOUSE JEANS MEXICO, S.A. DE C.V.
The total import of denim fabric made by Warehouse Jeans Mexico during the period of Aug 31 – Oct 31 was 394,948 sqm out of which 71% was bought from MANOMAY TEX INDIA LTDand 29% from SANGAM (INDIA) LIMITED at an average price of USD1.33/sqm and USD 1.52/sqm respectively.
|
Companies |
Volume ( Sqm) |
Average Price ( |
% Share |
MANOMAY TEX INDIA LTD. |
281,440 |
1.33 |
71% |
SANGAM (INDIA) LIMITED |
113,507 |
1.52 |
29% |
ORANGE SYSTEM, S.A. DE C.V.
Chanzhou Yingshifeng from China is the major supplying company for Orange System , during Aug’18 – Oct’18 the company has imported total 393,054 sqm of denim fabrics out of which alone Chanzhou Yingshifeng contributed 288,957sqm , apporx 73% , at an average price of $ 1.01/sqm. The average price at which Orange Sytem is buying from CHANGZHOU KAILAN andBAOJI CHANGXIN is $1.00/sqm and $1.16/sqm respectively.
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
CHANGZHOU YINGSHIFENG TEXTILE AND DYEING CO., LTD. |
288,957 |
1.01 |
73% |
|
CHANGZHOU KAILAN TEXTILE CO.,LTD |
50,546 |
1.00 |
13% |
|
BAOJI CHANGXIN CLOTH CO., LTD |
53,552 |
1.16 |
14% |
VICUNHA TEXTIL S/A
Vicunha is a large denim group from Brazil with operations in different Latin American countries. The company has imported all the denim fabric from their Ecuador plant for resale into Mexico during the aforesaid period and the total import was 160,734 sqm at an average price of $1.97/sqm.
|
Company |
Volume ( Sqm) |
Average Price ( USD/Sqm) |
% Share |
|
Vicunha Ecuador |
160,734 |
1.97 |
100% |
So on the whole, we see that Mexico has imported about 13 million sq mtrs in 2 months which comes to an annual imports of about 80 million sq mtrs. China is ruling this market on base of low price. However, slowly the grip of China on the market will go down as the costs go up in China and supply comes from other countries as well. US used to be a large supplier but since only one mill is left in US now, the imports from US have come down.
[/private_special]
Leave a Reply