Mexico - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hook Price in Mexico - 2023
Contents:
- Base Metal Hook Price in Mexico (CIF) - 2023
- Base Metal Hook Price in Mexico (FOB) - 2022
- Base Metal Hook Imports in Mexico
- Base Metal Hook Exports in Mexico
Base Metal Hook Price in Mexico (CIF) - 2023
In June 2023, the average base metal hook import price amounted to $9,879 per ton, waning by -1.8% against the previous month. In general, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in August 2022 an increase of 169% m-o-m. Over the period under review, average import prices reached the maximum at $17,507 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($14,725 per ton), while the price for Italy ($5,057 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.1%), while the prices for the other major suppliers experienced a decline.
Base Metal Hook Price in Mexico (FOB) - 2022
In 2022, the average base metal hook export price amounted to $11,082 per ton, declining by -36.1% against the previous year. Overall, the export price, however, continues to indicate notable growth. The pace of growth was the most pronounced in 2013 an increase of 43%. Over the period under review, the average export prices attained the maximum at $22,110 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 ($11,082 per ton), while the average price for exports to Guatemala stood at $10,603 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+4.2%).
Base Metal Hook Imports in Mexico
In 2022, the amount of base metal hooks, eyes and eyelets imported into Mexico totaled 1.4K tons, surging by 2.2% against the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 130%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, base metal hook imports expanded notably to $16M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +75.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Base Metal Hook in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.3 | 4.3 | 5.0 | 6.0 | 4.2% |
China | 4.0 | 2.9 | 5.9 | 6.0 | 14.5% |
South Korea | 0.4 | 0.4 | 1.2 | 1.4 | 51.8% |
Taiwan (Chinese) | 0.8 | 0.5 | 0.8 | 1.2 | 14.5% |
Hong Kong SAR | 0.3 | 0.3 | 0.8 | 0.6 | 26.0% |
Canada | 0.3 | 0.1 | 0.5 | 0.4 | 10.1% |
Others | 1.0 | 0.7 | 0.6 | 0.7 | -11.2% |
Total | 12.2 | 9.3 | 14.8 | 16.3 | 10.1% |
Top Suppliers of Base Metal Hook to Mexico in 2022:
- China (711.6 tons)
- United States (419.0 tons)
- Taiwan (Chinese) (137.1 tons)
- South Korea (94.0 tons)
- Hong Kong SAR (26.1 tons)
- Canada (15.9 tons)
Base Metal Hook Exports in Mexico
Base metal hook exports from Mexico surged to 321 tons in 2022, growing by 236% on the previous year's figure. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, base metal hook exports surged to $3.6M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Base Metal Hook in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.2 | 1.6 | 1.4 | 3.4 | 41.5% |
Guatemala | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 1.4 | 1.7 | 1.7 | 3.6 | 37.0% |
Top Export Markets for Base Metal Hook from Mexico in 2022:
- United States (305.5 tons)
- Guatemala (14.6 tons)
This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons
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
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