Mexico - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNails and Tacks Price in Mexico - 2023
Contents:
- Nails and Tacks Price in Mexico (CIF) - 2023
- Nails and Tacks Price in Mexico (FOB) - 2022
- Nails and Tacks Imports in Mexico
- Nails and Tacks Exports in Mexico
Nails and Tacks Price in Mexico (CIF) - 2023
In June 2023, the average nails and tacks import price amounted to $2,597 per ton, jumping by 336% against the previous month. Overall, the import price enjoyed a modest increase. Over the period under review, average import prices attained the maximum at $2,935 per ton in March 2023; however, from April 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 the United States ($7,503 per ton), while the price for China ($2,170 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 (+15.9%), while the prices for the other major suppliers experienced a decline.
Nails and Tacks Price in Mexico (FOB) - 2022
In 2022, the average nails and tacks export price amounted to $2,247 per ton, surging by 27% against the previous year. In general, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices reached the maximum at $4,273 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($6,229 per ton), while the average price for exports to the United States ($2,110 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nails and Tacks Imports in Mexico
In 2022, approx. 23K tons of nails, tacks, drawing pins, corrugated nails, staples were imported into Mexico; approximately equating the year before. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of 23K tons, leveling off in the following year.
In value terms, nails and tacks imports skyrocketed to $56M in 2022. In general, imports, however, recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Nails and Tacks in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 39.5 | 30.4 | 36.7 | 44.2 | 3.8% |
United States | 7.0 | 5.0 | 6.9 | 7.6 | 2.8% |
India | 3.6 | 2.2 | N/A | N/A | -38.9% |
Others | 5.0 | 4.9 | 3.5 | 3.8 | -8.7% |
Total | 55.0 | 42.4 | 47.2 | 55.6 | 0.4% |
Top Suppliers of Nails and Tacks to Mexico in 2022:
- India (undefinedK tons)
- China (18.7K tons)
- United States (3.7K tons)
Nails and Tacks Exports in Mexico
For the fourth year in a row, Mexico recorded growth in shipments abroad of nails, tacks, drawing pins, corrugated nails, staples, which increased by 2.5% to 928 tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 66%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, nails and tacks exports surged to $2.1M in 2022. The total export value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
Export of Nails and Tacks in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 521 | 1,464 | 1,191 | 1,821 | 51.8% |
Guatemala | 227 | 161 | 121 | 136 | -15.7% |
Costa Rica | 104 | 87.9 | 49.5 | 48.8 | -22.3% |
El Salvador | 87.2 | 56.2 | 39.8 | 38.1 | -24.1% |
Panama | 529 | 54.3 | N/A | 0.5 | -90.2% |
Peru | N/A | 123 | 55.2 | N/A | -55.1% |
Chile | N/A | 135 | 0.7 | N/A | -99.5% |
Others | 348 | 256 | 148 | 39.3 | -51.7% |
Total | 1,818 | 2,338 | 1,606 | 2,084 | 4.7% |
Top Export Markets for Nails and Tacks from Mexico in 2022:
- United States (863.2 tons)
- Guatemala (34.3 tons)
- El Salvador (12.5 tons)
- Costa Rica (7.8 tons)
- Panama (0.1 tons)
This report provides an in-depth analysis of the nails and tacks 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
- Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
- Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
- Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal
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
This report provides an in-depth analysis of the nails and tacks market in Mexico.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Mexico.
This report provides an in-depth analysis of the office metal staple market in Mexico.
This report provides an in-depth analysis of the metal letter clip market in Mexico.
This report provides an in-depth analysis of the global nails and tacks market.
This report provides an in-depth analysis of the global market for loose-leaf binder metal fitting.
This report provides an in-depth analysis of the global office metal staple market.
This report provides an in-depth analysis of the global metal letter clip market.
This report provides an in-depth analysis of the nails and tacks market in Mexico.
This report provides an in-depth analysis of the market for loose-leaf binder metal fitting in Mexico.
Discover the latest nails and tacks price in December 2022 at $1,799 per ton (CIF, Mexico). Prices have decreased by -17.8% compared to the previous month.
Discover the latest nails and tacks price in December 2022 at $1,799 per ton (CIF, Mexico). Prices have decreased by -17.8% compared to the previous month.