Mexico - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Mexico - 2023
Contents:
- Plywood Price in Mexico (CIF) - 2023
- Plywood Price in Mexico (FOB) - 2023
- Plywood Imports in Mexico
- Plywood Exports in Mexico
Plywood Price in Mexico (CIF) - 2023
The average plywood import price stood at $439 per cubic meter in June 2023, waning by -11.8% against the previous month. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in February 2023 an increase of 8.9% m-o-m. The import price peaked at $709 per cubic meter in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Chile ($483 per cubic meter) and China ($467 per cubic meter), while the price for Brazil ($353 per cubic meter) and Uruguay ($433 per cubic meter) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Uruguay (-3.1%), while the prices for the other major suppliers experienced a decline.
Plywood Price in Mexico (FOB) - 2023
The average plywood export price stood at $1,034 per cubic meter in June 2023, declining by -14.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in May 2023 an increase of 40% month-to-month. As a result, the export price reached the peak level of $1,204 per cubic meter, and then dropped in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +1.5% per month.
Plywood Imports in Mexico
Plywood imports into Mexico rose notably to 729K cubic meters in 2022, growing by 7.5% compared with 2021 figures. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, plywood imports skyrocketed to $452M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Plywood in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 93.8 | 96.9 | 147 | 227 | 34.3% |
| Brazil | 48.6 | 47.0 | 75.4 | 60.0 | 7.3% |
| United States | 27.6 | 29.5 | 55.7 | 56.7 | 27.1% |
| Chile | 34.8 | 31.8 | 25.4 | 50.1 | 12.9% |
| Uruguay | 24.1 | 20.5 | 16.8 | 14.3 | -16.0% |
| Indonesia | 12.7 | 17.1 | 24.3 | 9.0 | -10.8% |
| Malaysia | 19.0 | 15.8 | 11.1 | 8.4 | -23.8% |
| Russia | 6.0 | 6.8 | 9.6 | 5.9 | -0.6% |
| Others | 19.5 | 20.8 | 16.9 | 19.9 | 0.7% |
| Total | 286 | 286 | 382 | 452 | 16.5% |
Top Suppliers of Plywood to Mexico in 2022:
- China (390.1K cubic meters)
- Brazil (112.0K cubic meters)
- United States (81.9K cubic meters)
- Chile (74.3K cubic meters)
- Uruguay (22.0K cubic meters)
- Russia (12.8K cubic meters)
- Malaysia (8.2K cubic meters)
- Indonesia (8.0K cubic meters)
Plywood Exports in Mexico
In 2022, overseas shipments of plywood decreased by -0.4% to 15K cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports reached the peak of 22K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, plywood exports surged to $13M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Plywood in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 11.8 | 9.7 | 12.6 | 13.6% |
| Colombia | N/A | 0.7 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.6 | 12.5 | 9.7 | 12.6 | 13.6% |
Top Export Markets for Plywood from Mexico in 2022:
- United States (15.3K cubic meters)
This report provides an in-depth analysis of the plywood 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 1640 - Plywood
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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