Commercial Printing Price in Mexico - 2023
Contents:
- Commercial Printing Price in Mexico (CIF) - 2023
- Commercial Printing Price in Mexico (FOB) - 2023
- Commercial Printing Imports in Mexico
- Commercial Printing Exports in Mexico
Commercial Printing Price in Mexico (CIF) - 2023
In June 2023, the average commercial printing import price amounted to $7,998 per ton, declining by -10.6% against the previous month. In general, import price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, commercial printing import price increased by +1.5% against February 2023 indices. The pace of growth was the most pronounced in November 2022 when the average import price increased by 122% against the previous month. The import price peaked at $9,812 per ton in January 2023; however, from February 2023 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 Spain ($13,947 per ton), while the price for China ($6,055 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 the United States (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Commercial Printing Price in Mexico (FOB) - 2023
In June 2023, the average commercial printing export price amounted to $2,338 per ton, rising by 26% against the previous month. In general, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in April 2023 when the average export price increased by 162% month-to-month. As a result, the export price attained the peak level of $5,896 per ton. From May 2023 to June 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -5.8% per month.
Commercial Printing Imports in Mexico
In 2022, approx. 125K tons of commercial printing (except screen and books) were imported into Mexico; jumping by 18% against the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +61.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, commercial printing imports amounted to $903M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Commercial Printing in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 583 | 508 | 607 | 609 | 1.5% |
| China | 91.5 | 73.2 | 78.9 | 117 | 8.5% |
| Spain | 74.7 | 54.9 | 60.6 | 59.8 | -7.1% |
| Germany | 23.0 | 17.0 | 27.2 | 24.5 | 2.1% |
| Others | 114 | 86.0 | 72.3 | 93.5 | -6.4% |
| Total | 886 | 739 | 846 | 903 | 0.6% |
Top Suppliers of Commercial Printing to Mexico in 2022:
- United States (94.1K tons)
- China (17.5K tons)
- Spain (4.5K tons)
- Germany (2.3K tons)
Commercial Printing Exports in Mexico
In 2022, approx. 113K tons of commercial printing (except screen and books) were exported from Mexico; increasing by 14% compared with the previous year's figure. The total export volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, commercial printing exports soared to $631M in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Commercial Printing in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 417 | 388 | 433 | 565 | 10.7% |
| Guatemala | 26.1 | 18.9 | 17.9 | 17.9 | -11.8% |
| Others | 105 | 56.1 | 41.7 | 49.0 | -22.4% |
| Total | 548 | 463 | 493 | 631 | 4.8% |
Top Export Markets for Commercial Printing from Mexico in 2022:
- United States (104.8K tons)
- Guatemala (2.6K tons)
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