Mexico - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice of Glass Fiber in Mexico Reaches Record High of $7,494 per Ton
Mexico Glass Fiber Import Price in April 2023
In April 2023, the glass fiber price stood at $7,494 per ton (CIF, Mexico), growing by 28% against the previous month. Over the period under review, the import price posted a remarkable increase. The pace of growth was the most pronounced in November 2022 when the average import price increased by 371% against the previous month. The import price peaked in April 2023.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was the United States ($8,519 per ton), while the price for China stood at $4,159 per ton.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.2%).
| COUNTRY | Import Price of Glass Fiber in Mexico (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| United States | 2,968 | 5,229 | 1,465 | 5,259 | 5,177 | 5,373 | 728 | 5,555 | 6,663 | 7,333 | 6,601 | 6,116 | 8,519 |
| China | 3,255 | 2,794 | 3,395 | 2,830 | 2,843 | 3,100 | 3,308 | 3,241 | 4,141 | 4,076 | 4,669 | 3,871 | 4,159 |
| Average | 3,282 | 4,402 | 1,979 | 4,263 | 4,279 | 4,611 | 1,045 | 4,920 | 5,760 | 6,594 | 6,125 | 5,843 | 7,494 |
Mexico Glass Fiber Import Prices by Type
As there is only one major imported type of glass fiber, the average price level is determined by prices for glass fibres and glass wool.
From April 2022 to April 2023, the rate of growth in terms of prices for glass fibres and wool amounted to +7.9% per month.
Mexico Glass Fiber Imports
After two months of growth, overseas purchases of voiles, webs, mats and other articles of glass fibers decreased by -22.2% to 3.4K tons in April 2023. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in October 2022 with an increase of 344% month-to-month. As a result, imports attained the peak of 37K tons. From November 2022 to April 2023, the growth of imports failed to regain momentum.
In value terms, glass fiber imports contracted modestly to $25M (IndexBox estimates) in April 2023. Over the period under review, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in February 2023 with an increase of 29% against the previous month.
Mexico Glass Fiber Imports by Type
In April 2023, glass fibres and glass wool (3.4K tons) was the main type of glass fiber supplied to Mexico, accounting for a approximately 100% share of total imports.
From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of glass fibres and glass wool amounted to -6.1%.
In value terms, glass fibres and glass wool ($25M) constituted the largest type of glass fiber supplied to Mexico.
Mexico Glass Fiber Imports by Country
In April 2023, the United States (2.2K tons) constituted the largest supplier of glass fiber to Mexico, with a 65% share of total imports. Moreover, glass fiber imports from the United States exceeded the figures recorded by the second-largest supplier, China (1K tons), twofold.
From April 2022 to April 2023, the average monthly growth rate of volume from the United States stood at -9.3%.
In value terms, the United States ($19M) constituted the largest supplier of glass fiber to Mexico, comprising 74% of total imports. The second position in the ranking was taken by China ($4.3M), with a 17% share of total imports.
From April 2022 to April 2023, the average monthly rate of growth in terms of value from the United States was relatively modest.
This report provides an in-depth analysis of the glass fiber 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 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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
