Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico - 2022

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico (CIF) - 2022
  2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico (FOB) - 2022
  3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico
  4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $4,267 per ton, falling by -70.2% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by 65%. As a result, import price reached the peak level of $15,417 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($52,108 per ton), while the price for the United States stood at $42,071 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $6,640 per ton, reducing by -19.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when the average export price increased by 10%. Over the period under review, the average export prices reached the peak figure at $15,788 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 El Salvador amounted to +10.2% per year.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico

For the third year in a row, Mexico recorded decline in supplies from abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, which decreased by -88.4% to 42 tons in 2022. Over the period under review, imports continue to indicate a sharp slump. The smallest decline of -6.1% was in 2021.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses shrank remarkably to $181K in 2022. Overall, imports recorded a sharp decline. The smallest decline of -9.1% was in 2020.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18729829896.9-19.7%
United States37022423784.3-38.9%
China2,1291,1001,036N/A-30.2%
France1,7642,0371,678N/A-2.5%
Others2,1422,3301,980N/A-3.9%
Total6,5925,9905,229181-69.8%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Mexico in 2022:

  1. United States (2.0 tons)
  2. Germany (1.9 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico

In 2022, after three years of growth, there was significant decline in shipments abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, when their volume decreased by -63.8% to 9.2 tons. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 75%. As a result, the exports reached the peak of 25 tons, and then fell notably in the following year.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses shrank remarkably to $61K in 2022. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 77%. As a result, the exports attained the peak of $208K, and then reduced sharply in the following year.

Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States68.511414260.8-3.9%
Costa RicaN/AN/A9.4N/A0%
El Salvador6.7N/A30.2N/A112.3%
Others13.13.527.0N/A43.6%
Total88.311820860.8-11.7%

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Mexico in 2022:

  1. United States (9.2 tons)

Source: IndexBox Market Intelligence Platform

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