Mexico - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsulating Board Price in Mexico - 2023
Contents:
- Insulating Board Price in Mexico (CIF) - 2023
- Insulating Board Price in Mexico (FOB) - 2022
- Insulating Board Imports in Mexico
- Insulating Board Exports in Mexico
Insulating Board Price in Mexico (CIF) - 2023
In June 2023, the average insulating board import price amounted to $671 per cubic meter, growing by 9.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 27% month-to-month. Over the period under review, average import prices attained the peak figure in June 2023.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Canada ($840 per cubic meter), while the price for the United States totaled $667 per cubic meter.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Insulating Board Price in Mexico (FOB) - 2022
The average insulating board export price stood at $1,694 per cubic meter in 2022, increasing by 77% against the previous year. In general, the export price posted buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United States amounted to +17.1% per year.
Insulating Board Imports in Mexico
In 2022, approx. 29K cubic meters of insulating board were imported into Mexico; jumping by 40% against 2021. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 45% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, insulating board imports soared to $14M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 58%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Insulating Board in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 5.6 | 8.3 | 13.9 | 58.4% |
| Canada | 0.4 | 0.5 | 0.4 | 0.2 | -20.6% |
| China | 0.2 | 0.5 | 0.5 | 0.2 | 0.0% |
| Others | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Total | 4.3 | 6.8 | 9.2 | 14.4 | 49.6% |
Top Suppliers of Insulating Board to Mexico in 2022:
- United States (27.9K cubic meters)
- China (0.5K cubic meters)
- Canada (0.4K cubic meters)
Insulating Board Exports in Mexico
In 2022, the amount of insulating board exported from Mexico totaled 41 cubic meters, picking up by 2.5% on the previous year. Overall, exports, however, saw a dramatic descent. The exports peaked at 1.3K cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, insulating board exports soared to $69K in 2022. Over the period under review, exports, however, faced a significant contraction. Over the period under review, the exports reached the maximum at $391K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Insulating Board in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 391 | N/A | 38.3 | 69.4 | -43.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 391 | N/A | 38.3 | 69.4 | -43.8% |
Top Export Markets for Insulating Board from Mexico in 2022:
- United States (41.0 cubic meters)
This report provides an in-depth analysis of the insulating board 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 1650 - Other fibreboard
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.
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