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Mexico - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHardboard Price in Mexico - 2023
Contents:
- Hardboard Price in Mexico (CIF) - 2023
- Hardboard Price in Mexico (FOB) - 2022
- Hardboard Imports in Mexico
- Hardboard Exports in Mexico
Hardboard Price in Mexico (CIF) - 2023
In June 2023, the average hardboard import price amounted to $1,089 per cubic meter, dropping by -12.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 88% m-o-m. Over the period under review, average import prices attained the maximum at $1,250 per cubic meter in May 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($1,269 per cubic meter), while the price for Brazil ($377 per cubic meter) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Hardboard Price in Mexico (FOB) - 2022
The average hardboard export price stood at $652 per cubic meter in 2022, which is down by -12.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 78% against the previous year. The export price peaked at $1,464 per cubic meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +18.5% per year.
Hardboard Imports in Mexico
In 2022, approx. 42K cubic meters of hardboard were imported into Mexico; falling by -49.7% compared with 2021. Overall, imports continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, imports attained the maximum at 84K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, hardboard imports contracted markedly to $44M in 2022. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, imports reached the peak of $86M, and then declined notably in the following year.
Import of Hardboard in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.0 | 9.3 | 25.7 | 38.9 | 69.4% |
Germany | 1.2 | 0.7 | 0.9 | 1.9 | 16.6% |
China | 0.9 | 0.4 | 0.9 | 1.5 | 18.6% |
Canada | 0.6 | 0.4 | 0.1 | 0.9 | 14.5% |
Brazil | 1.6 | 0.6 | 0.2 | 0.4 | -37.0% |
Chile | 8.2 | 7.0 | 7.0 | N/A | -7.6% |
Turkey | 0.6 | 0.7 | 0.8 | N/A | 15.5% |
Romania | 1.1 | 1.0 | 1.7 | N/A | 24.3% |
Others | 32.6 | 26.1 | 48.3 | N/A | 21.7% |
Total | 54.9 | 46.3 | 85.7 | 43.6 | -7.4% |
Top Suppliers of Hardboard to Mexico in 2022:
- United States (37.3K cubic meters)
- Germany (1.7K cubic meters)
- China (1.5K cubic meters)
- Canada (0.7K cubic meters)
- Brazil (0.5K cubic meters)
Hardboard Exports in Mexico
In 2022, after three years of growth, there was significant decline in shipments abroad of hardboard, when their volume decreased by -92.1% to 67 cubic meters. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 775% against the previous year. As a result, the exports reached the peak of 849 cubic meters, and then declined markedly in the following year.
In value terms, hardboard exports dropped remarkably to $44K in 2022. Over the period under review, exports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by 678%. As a result, the exports attained the peak of $634K, and then plummeted in the following year.
Export of Hardboard in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.0 | 6.0 | 40.9 | 43.7 | 252.2% |
Chile | 4.2 | 5.7 | 22.4 | N/A | 130.9% |
Trinidad and Tobago | N/A | 6.7 | 25.7 | N/A | 283.6% |
Costa Rica | N/A | 0.1 | 17.2 | N/A | 17100.0% |
Peru | N/A | N/A | 14.1 | N/A | 0% |
Honduras | 12.7 | 16.9 | 65.3 | N/A | 126.8% |
Brazil | N/A | N/A | 113 | N/A | 0% |
Canada | 2.8 | 3.6 | 13.5 | N/A | 119.6% |
Others | 27.6 | 42.5 | 322 | N/A | 241.6% |
Total | 48.3 | 81.5 | 634 | 43.7 | -3.3% |
Top Export Markets for Hardboard from Mexico in 2022:
- United States (67.0 cubic meters)
This report provides an in-depth analysis of the hardboard 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
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
-
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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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.
From April 2023 to December 2023, the exports of Winding Wire failed to regain momentum, with a total value of $35M in December 2023.
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.
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.
In July 2022, the wire and cable price stood at $14.6 per kg (FOB, Mexico), jumping by 27% against the previous month.
Global hardboard exports increased by +1.1% y-o-y to 3.6M cubic meters last year. Germany heads the list of the largest hardboard exporters worldwide, supplying 45% of its export volume to the U.S., France and Poland. In 2020, Brazil, Thailand, Romania, Turkey, Spain, Belgium and Canada recorded the most prominent export growth.
Global hardboard production continues to indicate a measured setback.
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