Mexico - Hardboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Mexico - Hardboard - Market Analysis, Forecast, Size, Trends and Insights

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Hardboard Price in Mexico - 2023

Contents:

  1. Hardboard Price in Mexico (CIF) - 2023
  2. Hardboard Price in Mexico (FOB) - 2022
  3. Hardboard Imports in Mexico
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.09.325.738.969.4%
Germany1.20.70.91.916.6%
China0.90.40.91.518.6%
Canada0.60.40.10.914.5%
Brazil1.60.60.20.4-37.0%
Chile8.27.07.0N/A-7.6%
Turkey0.60.70.8N/A15.5%
Romania1.11.01.7N/A24.3%
Others32.626.148.3N/A21.7%
Total54.946.385.743.6-7.4%

Top Suppliers of Hardboard to Mexico in 2022:

  1. United States (37.3K cubic meters)
  2. Germany (1.7K cubic meters)
  3. China (1.5K cubic meters)
  4. Canada (0.7K cubic meters)
  5. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.06.040.943.7252.2%
Chile4.25.722.4N/A130.9%
Trinidad and TobagoN/A6.725.7N/A283.6%
Costa RicaN/A0.117.2N/A17100.0%
PeruN/AN/A14.1N/A0%
Honduras12.716.965.3N/A126.8%
BrazilN/AN/A113N/A0%
Canada2.83.613.5N/A119.6%
Others27.642.5322N/A241.6%
Total48.381.563443.7-3.3%

Top Export Markets for Hardboard from Mexico in 2022:

  1. United States (67.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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