Mexico - Spools, Cops, Bobbins And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Supports Price in Mexico - 2023
Contents:
- Plastic Supports Price in Mexico (CIF) - 2023
- Plastic Supports Price in Mexico (FOB) - 2023
- Plastic Supports Imports in Mexico
- Plastic Supports Exports in Mexico
Plastic Supports Price in Mexico (CIF) - 2023
The average plastic supports import price stood at $3,767 per ton in June 2023, with a decrease of -1.9% against the previous month. Over the period under review, the import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices reached the peak figure at $4,516 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($6,735 per ton), while the price for Germany ($2,723 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 Germany (-0.4%), while the prices for the other major suppliers experienced a decline.
Plastic Supports Price in Mexico (FOB) - 2023
In June 2023, the average plastic supports export price amounted to $2,602 per ton, waning by -9.4% against the previous month. Over the period under review, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in May 2023 an increase of 14% month-to-month. Over the period under review, the average export prices hit record highs at $3,226 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Nicaragua ($10,796 per ton), while the average price for exports to Honduras ($1,969 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.
Plastic Supports Imports in Mexico
In 2022, approx. 14K tons of spools, cops, bobbins and similar supports of plastics were imported into Mexico; flattening at 2021. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 120% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, plastic supports imports surged to $57M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Plastic Supports in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.2 | 26.1 | 37.5 | 42.6 | 12.2% |
| China | 2.9 | 2.1 | 5.2 | 7.4 | 36.7% |
| Germany | 2.6 | 2.1 | 2.2 | 3.4 | 9.4% |
| Sweden | 0.4 | 0.6 | 0.7 | 0.5 | 7.7% |
| Others | 3.3 | 2.8 | 3.2 | 3.6 | 2.9% |
| Total | 39.4 | 33.6 | 48.8 | 57.4 | 13.4% |
Top Suppliers of Plastic Supports to Mexico in 2022:
- United States (10.5K tons)
- China (1.3K tons)
- Germany (1.1K tons)
- Sweden (0.2K tons)
Plastic Supports Exports in Mexico
In 2022, after three years of growth, there was decline in overseas shipments of spools, cops, bobbins and similar supports of plastics, when their volume decreased by -4% to 6.7K tons. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, the exports attained the peak of 7K tons, and then reduced modestly in the following year.
In value terms, plastic supports exports reduced slightly to $18M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of $19M, and then dropped in the following year.
| Export of Plastic Supports in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 10.4 | 13.7 | 14.2 | 5.2% |
| Nicaragua | 1.5 | 2.1 | 2.1 | 2.2 | 13.6% |
| El Salvador | 0.7 | 0.9 | 1.3 | 0.6 | -5.0% |
| Germany | 0.7 | 0.9 | 1.1 | 0.6 | -5.0% |
| China | 0.5 | 0.5 | 0.6 | 0.2 | -26.3% |
| Others | 0.9 | 0.5 | 0.2 | 0.3 | -30.7% |
| Total | 16.5 | 15.4 | 19.0 | 18.2 | 3.3% |
Top Export Markets for Plastic Supports from Mexico in 2022:
- United States (6.0K tons)
- Nicaragua (0.3K tons)
- El Salvador (0.1K tons)
- China (0.1K tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the plastic supports 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
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
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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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