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Mexico - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMexico's Import of Raw Rubber Surges to $29M in August 2023
Mexico Unvulcanised Rubber Imports
In August 2023, the amount of unvulcanised rubber imported into Mexico soared to 6.7K tons, with an increase of 20% against the previous month. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 35% against the previous month.
In value terms, unvulcanised rubber imports surged to $29M (IndexBox estimates) in August 2023. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 with an increase of 35% month-to-month. As a result, imports reached the peak of $29M. From April 2023 to August 2023, the growth of imports remained at a lower figure.
COUNTRY | Import Value of Unvulcanised Rubber in Mexico (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
United States | 21.7 | 22.0 | 18.5 | 19.0 | 17.3 | 16.6 | 19.7 | 24.5 | 20.3 | 22.3 | 25.6 | 19.9 | 23.7 |
Germany | 1.3 | 4.5 | 1.7 | 1.2 | 1.6 | 0.3 | 0.9 | 1.7 | 1.5 | 1.6 | 1.2 | 1.4 | 2.4 |
Spain | 1.4 | 0.5 | 2.1 | 0.5 | N/A | N/A | N/A | 1.7 | N/A | 1.4 | 1.0 | N/A | 1.1 |
Turkey | 0.5 | 0.3 | N/A | 1.1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.8 |
Others | 0.8 | 0.7 | 3.0 | 1.4 | 1.4 | 1.0 | 0.8 | 0.9 | 0.5 | 0.6 | 0.6 | 0.9 | 0.5 |
Total | 25.8 | 28.0 | 25.2 | 23.2 | 20.3 | 17.9 | 21.4 | 28.8 | 22.3 | 26.0 | 28.4 | 22.2 | 28.5 |
Imports by Country
In August 2023, the United States (5.5K tons) constituted the largest unvulcanised rubber supplier to Mexico, accounting for a 81% share of total imports. Moreover, unvulcanised rubber imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (600 tons), ninefold. Turkey (327 tons) ranked third in terms of total imports with a 4.9% share.
From August 2022 to August 2023, the average monthly growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (+5.1% per month) and Turkey (+2.8% per month).
In value terms, the United States ($24M) constituted the largest supplier of unvulcanised rubber to Mexico, comprising 83% of total imports. The second position in the ranking was taken by Germany ($2.4M), with an 8.5% share of total imports. It was followed by Spain, with a 4% share.
From August 2022 to August 2023, the average monthly growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (+5.0% per month) and Spain (-1.8% per month).
Import Prices by Country
In August 2023, the unvulcanised rubber price stood at $4,232 per ton (CIF, Mexico), growing by 6.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The import price peaked at $4,533 per ton in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($4,514 per ton), while the price for Turkey ($2,468 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the unvulcanised rubber 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:
- Prodcom 22192013 - Rubber compounded with carbon black or silica, unvulcanised
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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