Mexico - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWood-Based Panels Price in Mexico - 2023
Contents:
- Wood-Based Panels Price in Mexico (CIF) - 2022
- Wood-Based Panels Price in Mexico (FOB) - 2022
- Wood-Based Panels Imports in Mexico
- Wood-Based Panels Exports in Mexico
Wood-Based Panels Price in Mexico (CIF) - 2022
The average wood-based panels import price stood at $569 per cubic meter in 2022, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2015 an increase of 35% against the previous year. As a result, import price reached the peak level of $666 per cubic meter. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,022 per cubic meter), while the price for China ($541 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood-Based Panels Price in Mexico (FOB) - 2022
In 2022, the average wood-based panels export price amounted to $546 per cubic meter, with an increase of 35% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood-based panels export price increased by +20.7% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($546 per cubic meter), while the average price for exports to Guatemala totaled $497 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Wood-Based Panels Imports in Mexico
In 2022, overseas purchases of wood-based panels decreased by -1.7% to 1.5M cubic meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of 1.5M cubic meters, and then shrank modestly in the following year.
In value terms, wood-based panels imports rose rapidly to $848M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Wood-Based Panels in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 108 | 115 | 232 | 312 | 42.4% |
| United States | 120 | 117 | 197 | 255 | 28.6% |
| Brazil | 112 | 85.5 | 133 | 102 | -3.1% |
| Chile | 65.2 | 90.4 | 53.5 | 77.8 | 6.1% |
| Canada | 16.0 | 13.4 | 12.5 | 16.0 | 0.0% |
| Uruguay | 24.1 | 20.5 | 16.8 | 14.3 | -16.0% |
| Spain | 11.6 | 9.7 | 10.1 | 10.9 | -2.1% |
| Malaysia | 28.3 | 20.2 | 11.9 | 8.4 | -33.3% |
| Others | 78.6 | 84.4 | 94.9 | 52.0 | -12.9% |
| Total | 564 | 557 | 762 | 848 | 14.6% |
Top Suppliers of Wood-Based Panels to Mexico in 2022:
- China (577.0K cubic meters)
- United States (460.7K cubic meters)
- Brazil (189.0K cubic meters)
- Chile (124.4K cubic meters)
- Canada (22.5K cubic meters)
- Uruguay (22.0K cubic meters)
- Spain (20.8K cubic meters)
- Malaysia (8.2K cubic meters)
Wood-Based Panels Exports in Mexico
In 2022, wood-based panels exports from Mexico skyrocketed to 129K cubic meters, surging by 30% on 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, wood-based panels exports surged to $70M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wood-Based Panels in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.4 | 32.0 | 38.4 | 70.1 | 29.3% |
| Others | 1.0 | 1.4 | 1.6 | 0.3 | -33.1% |
| Total | 33.4 | 33.5 | 40.0 | 70.3 | 28.2% |
Top Export Markets for Wood-Based Panels from Mexico in 2022:
- United States (128.4K cubic meters)
This report provides an in-depth analysis of the wood-based panels market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1647 - Hardboard
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
- FCL 1697 - Particle board
- FCL 1606 - OSB
- FCL 1640 - Plywood
- FCL 1634 - Veneer sheets
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
501
This report provides an in-depth analysis of the wood-based panels market in Mexico.
513
This report provides an in-depth analysis of the fiberboard market in Mexico.
521
This report provides an in-depth analysis of the fibreboard market in Mexico.
489
This report provides an in-depth analysis of the hardboard market in Mexico.
489
This report provides an in-depth analysis of the insulating board market in Mexico.
863
This report provides an in-depth analysis of the mdf market in Mexico.
325
This report provides an in-depth analysis of the winding wire market in Mexico.
239
This report provides an in-depth analysis of the cross cutting slitter market in Mexico.
285
This report provides an in-depth analysis of the paper guillotine market in Mexico.
294
This report provides an in-depth analysis of the reel cutting slitter market in Mexico.
191
During the review period, the import of Insulating Board reached its highest level of 2.8K cubic meters in March 2023. However, from April 2023 to August 2023, imports were unable to regain momentum. In terms of value, the imports of Insulating Board declined to $1.4M in August 2023.
101
From April 2023 to December 2023, the exports of Winding Wire failed to regain momentum, with a total value of $35M in December 2023.
204
In December 2022, there was no significant change in the cost of winding wire as the FOB price per ton remained at $10,055 in Mexico.
203
In December 2022, the winding wire price stood at $10.1 per kg in Mexico, remaining relatively stable against the previous month. The rate of growth in terms of prices for the United States amounted to -0.5% per month. In December 2022, winding wire exports from Mexico soared to 3.5K tons, with the United States being the main destination, accounting for approximately 99% share of total exports. The value of winding wire exports surged to $35M in December 2022.
459
In July 2022, the wire and cable price stood at $14.6 per kg (FOB, Mexico), jumping by 27% against the previous month.
253
Explore the top import markets for wood-based panels in the world, including the United States, Germany, Japan, and more. Discover key statistics and the market potential for exporters and manufacturers. Utilize the IndexBox market intelligence platform for valuable insights.
2473
Ongoing urbanization in Asia, combined with rising household income and an increase in the construction of new housing in the U.S., will continue to drive the global market for wood based panels.
1507
In 2015, the wood-based panel market grew to X thousand cubic meters.
1560
Global wood-based panel market production was estimated at X thousand cubic meters in 2015, which was X thousand cubic meters more than in 2013. There was an annual increase of +X% in physical terms for the period from 2007 to 2014.
1406
From 2007 to 2015, global wood-based panel market showed mixed dynamics. A significant drop in 2008-2009 was followed by a gradual increase. In 2015, the wood-based panel market grew to X thousand cubic meters. The market value showed similar dyn
