Mexico - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Glass Fibres and Wool in Mexico - 2023
Contents:
- Price for Glass Fibres and Wool in Mexico (CIF) - 2023
- Price for Glass Fibres and Wool in Mexico (FOB) - 2023
- Imports of Glass Fibres and Wool in Mexico
- Exports of Glass Fibres and Wool in Mexico
Price for Glass Fibres and Wool in Mexico (CIF) - 2023
The average glass fibres and wool import price stood at $6,583 per ton in August 2023, surging by 5.9% against the previous month. In general, the import price posted a temperate increase. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 660% against the previous month. The import price peaked at $7,494 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,871 per ton), while the price for China amounted to $3,579 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.1%).
Price for Glass Fibres and Wool in Mexico (FOB) - 2023
The average glass fibres and wool export price stood at $11,443 per ton in August 2023, waning by -8.5% against the previous month. Overall, the export price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in March 2023 an increase of 93% m-o-m. The export price peaked at $12,499 per ton in July 2023, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($47,959 per ton), while the average price for exports to Chile ($1,742 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres and Wool in Mexico
In 2022, the amount of glass fibres and glass wool imported into Mexico stood at 63K tons, surging by 15% against 2021. The total import volume increased at an average annual rate of +8.2% over the period 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 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, glass fibres and wool imports rose remarkably to $296M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres and Wool in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 134 | 126 | 137 | 159 | 5.9% |
| China | 69.8 | 64.1 | 81.1 | 88.6 | 8.3% |
| India | 6.4 | 7.6 | 5.4 | 14.5 | 31.3% |
| Germany | 7.9 | 11.5 | 11.9 | 10.1 | 8.5% |
| Brazil | 1.1 | 1.0 | 1.7 | 4.7 | 62.3% |
| Canada | 1.0 | 0.7 | 2.4 | 2.1 | 28.1% |
| Others | 26.8 | 18.5 | 17.8 | 16.5 | -14.9% |
| Total | 247 | 229 | 258 | 296 | 6.2% |
Top Suppliers of Glass Fibres and Wool to Mexico in 2022:
- United States (29.0K tons)
- China (25.1K tons)
- India (2.3K tons)
- Canada (2.0K tons)
- Brazil (1.6K tons)
- Germany (1.6K tons)
Exports of Glass Fibres and Wool in Mexico
In 2022, the amount of glass fibres and glass wool exported from Mexico skyrocketed to 28K tons, with an increase of 23% compared with 2021. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 82%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, glass fibres and wool exports skyrocketed to $153M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Glass Fibres and Wool in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 110 | 97.8 | 122 | 143 | 9.1% |
| Others | 15.5 | 10.6 | 7.6 | 9.8 | -14.2% |
| Total | 125 | 108 | 130 | 153 | 7.0% |
Top Export Markets for Glass Fibres and Wool from Mexico in 2022:
- United States (26.2K tons)
This report provides an in-depth analysis of the market for glass fibres and wool 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 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)
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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This report provides an in-depth analysis of the market for glass fibres and wool in Mexico.
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This report provides an in-depth analysis of the glass fiber market in Mexico.
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This report provides an in-depth analysis of the market for staple glass fibre articles in Mexico.
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This report provides an in-depth analysis of the glass wool mat market in Mexico.
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This report provides an in-depth analysis of the glass wool voile market in Mexico.
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This report provides an in-depth analysis of the glass fibre filament market in Mexico.
427
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in Mexico.
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This report provides an in-depth analysis of the glass fibre mat market in Mexico.
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This report provides an in-depth analysis of the market for glass fibre chopped strand in Mexico.
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This report provides an in-depth analysis of the market for glass fibre and article in Mexico.
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The rate of expansion was highest in May 2023 when imports of Glass Fiber increased by 70% compared to the previous month. In terms of value, Glass Fiber imports modestly grew to $32M in October 2023.
487
In April 2023, the price of Glass Fiber reached $7,494 per ton (CIF, Mexico), exhibiting a 28% growth compared to the previous month.
161
In November of 2022, the glass fiber mat price rose 28% from the previous month, amounting to $3,897 per ton (CIF, Mexico)
1027
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1141
In value terms, carded and combed artificial staple fibres exports amounted to $X in 2016. Overall, carded and combed artificial staple fibres exports continue to indicate a deep decrease. Global ca...
1033
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783
2020 was a serious test for the glass fibre market. The fall in production was extreme in April 2020. Still, demand began to recover in the second half of the year thanks to a recovery in the composite consumer goods sector. Chinese glass fibres and glass fibre articles became more expensive in the strengthening of the yuan and, also, hit by the European Union's anti-dumping duties.
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In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
