Mexico - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Mexico - Safety Glass - Market Analysis, Forecast, Size, Trends And Insights

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Safety Glass Price in Mexico - 2023

Contents:

  1. Safety Glass Price in Mexico (FOB) - 2023
  2. Safety Glass Price in Mexico (CIF) - 2023
  3. Safety Glass Exports in Mexico
  4. Safety Glass Imports in Mexico

Safety Glass Price in Mexico (FOB) - 2023

In June 2023, the average safety glass export price amounted to $48.5 per square meter, with an increase of 2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in April 2023 an increase of 11% m-o-m. Over the period under review, the average export prices reached the peak figure in June 2023.

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.

Safety Glass Price in Mexico (CIF) - 2023

In June 2023, the average safety glass import price amounted to $23.1 per square meter, declining by -13.6% against the previous month. Over the period under review, the import price recorded a slight downturn. The pace of growth appeared the most rapid in January 2023 an increase of 19% m-o-m. The import price peaked at $28.2 per square meter in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($35.9 per square meter), while the price for China ($18.9 per square meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced a decline.

Safety Glass Exports in Mexico

In 2022, shipments abroad of safety glass decreased by -37.9% to 5.1M square meters for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 173% against the previous year. As a result, the exports reached the peak of 8.2M square meters, and then dropped notably in the following year.

In value terms, safety glass exports rose significantly to $330M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Safety Glass in Mexico (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States22917529613.7%
Canada16.511.20.7-79.4%
Others29.120.82.2-72.5%
Total2752072994.3%

Top Export Markets for Safety Glass from Mexico in 2022:

  1. Canada (undefinedM square meters)
  2. United States (8.1M square meters)

Safety Glass Imports in Mexico

In 2022, the amount of safety glass imported into Mexico surged to 15M square meters, growing by 17% against the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +60.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, safety glass imports rose rapidly to $312M in 2022. The total import value increased at an average annual rate of +7.7% over the period 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 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Safety Glass in Mexico (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States75.572.011724.5%
China68.572.310624.4%
South Korea1.01.217.4317.1%
Others10580.931.2-45.5%
Total2502262724.3%

Top Suppliers of Safety Glass to Mexico in 2022:

  1. United States (6.1M square meters)
  2. China (5.7M square meters)
  3. South Korea (0.7M square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safety glass 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 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
  • Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
  • Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
  • Prodcom 23121270 - Laminated safety glass, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Mexico's October 2023 Safety Glass Export Declines to $31M
Dec 27, 2023
Eye 161

From August 2023 to October 2023, the exports of Safety Glass saw a moderate decline. The value of Safety Glass exports dropped to $31M in October 2023.

The Largest Import Markets for Safety Glass
Jan 24, 2024
Eye 86

Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.

China Ramped Up Safety Glass Exports Threefold in Past Decade
Nov 18, 2021
Eye 722

China boosted safety glass supplies abroad nearly threefold in the past decade, from $1.3B to $3.0B, topping the global exporter ranking. With an average annual growth rate of +8.5% over the last decade, China emerges as the fastest-growing supplier. Germany held the leading position in global exports until 2010, but now, it remains the largest safety glass importer, along with the U.S. and Vietnam. In 2020, the global safety glass trade reduced by -6% y-o-y to 366M square meters, and China’s supplies accounted for 58% of that volume. In value terms, global trade fell to $9.5B last year, dropping by -10% y-o-y.

Which Country Imports the Most Safety Glass in the World?
May 28, 2018
Eye 713

In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Which Country Exports the Most Safety Glass in the World?
May 28, 2018
Eye 705

In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Mexico's October 2023 Safety Glass Export Declines to $31M
Dec 27, 2023
Eye 161

From August 2023 to October 2023, the exports of Safety Glass saw a moderate decline. The value of Safety Glass exports dropped to $31M in October 2023.

The Largest Import Markets for Safety Glass
Jan 24, 2024
Eye 86

Discover the top import markets for safety glass worldwide, including key statistics and market analysis of countries such as Germany, United States, Vietnam, Belgium, and more.

China Ramped Up Safety Glass Exports Threefold in Past Decade
Nov 18, 2021
Eye 722

China boosted safety glass supplies abroad nearly threefold in the past decade, from $1.3B to $3.0B, topping the global exporter ranking. With an average annual growth rate of +8.5% over the last decade, China emerges as the fastest-growing supplier. Germany held the leading position in global exports until 2010, but now, it remains the largest safety glass importer, along with the U.S. and Vietnam. In 2020, the global safety glass trade reduced by -6% y-o-y to 366M square meters, and China’s supplies accounted for 58% of that volume. In value terms, global trade fell to $9.5B last year, dropping by -10% y-o-y.

Which Country Imports the Most Safety Glass in the World?
May 28, 2018
Eye 713

In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Which Country Exports the Most Safety Glass in the World?
May 28, 2018
Eye 705

In 2016, the global imports of safety glass totaled X tons, approximately equating the previous year figure. The total import volume increased at an average annual rate of +X% over the period f...

Free Data: Safety Glass - Mexico