Mexico - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Crown Cork Price in Mexico - 2023
Contents:
- Metal Crown Cork Price in Mexico (FOB) - 2022
- Metal Crown Cork Price in Mexico (CIF) - 2022
- Metal Crown Cork Exports in Mexico
- Metal Crown Cork Imports in Mexico
Metal Crown Cork Price in Mexico (FOB) - 2022
The average metal crown cork export price stood at $8 per thousand units in 2022, picking up by 35% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal crown cork export price increased by +64.9% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($8.8 per thousand units) and the United States ($8 per thousand units), while the average price for exports to Colombia ($7.5 per thousand units) and Canada ($7.6 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Crown Cork Price in Mexico (CIF) - 2022
In 2022, the average metal crown cork import price amounted to $13 per thousand units, which is down by -31.6% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 215% against the previous year. Over the period under review, average import prices reached the peak figure at $28 per thousand units in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($35 per thousand units), while the price for China amounted to $11 per thousand units.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), while the prices for the other major suppliers experienced a decline.
Metal Crown Cork Exports in Mexico
For the third year in a row, Mexico recorded decline in shipments abroad of iron or steel crown corks, which decreased by -9.6% to 10B units in 2022. Over the period under review, exports continue to indicate a deep downturn. The smallest decline of -5.9% was in 2021. Over the period under review, the exports reached the maximum at 14B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, metal crown cork exports surged to $82M in 2022. The total export value increased at an average annual rate of +5.4% 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 attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Crown Cork in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.0 | 53.4 | 61.1 | 73.4 | 8.8% |
| Colombia | 2.1 | 1.2 | 3.7 | 4.3 | 27.0% |
| Chile | 3.9 | N/A | 1.8 | 3.1 | -7.4% |
| Canada | 4.7 | 1.4 | N/A | 0.4 | -56.0% |
| Others | 2.2 | 4.0 | 0.3 | 0.6 | -35.2% |
| Total | 69.9 | 60.0 | 66.9 | 81.9 | 5.4% |
Top Export Markets for Metal Crown Cork from Mexico in 2022:
- United States (9.1B units)
- Colombia (0.6B units)
- Chile (0.4B units)
- Canada (0.1B units)
Metal Crown Cork Imports in Mexico
In 2022, supplies from abroad of iron or steel crown corks increased by 114% to 2.1M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt slump. Over the period under review, imports attained the maximum at 2.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, metal crown cork imports surged to $28K in 2022. Over the period under review, imports, however, continue to indicate a deep slump. Over the period under review, imports hit record highs at $52K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Metal Crown Cork in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.7 | 6.7 | 22.8 | 236.2% |
| United States | 16.9 | 23.2 | 11.2 | 4.4 | -36.1% |
| Italy | 1.7 | 1.9 | 1.0 | 0.7 | -25.6% |
| Spain | 27.8 | N/A | N/A | N/A | 0% |
| Others | 5.1 | 3.8 | 0.2 | N/A | -80.2% |
| Total | 52.0 | 29.7 | 19.2 | 28.0 | -18.6% |
Top Suppliers of Metal Crown Cork to Mexico in 2022:
- China (1998.7K units)
- United States (126.5K units)
- Italy (14.5K units)
This report provides an in-depth analysis of the metal crown cork 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 25921330 - Iron or steel crown corks
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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