Mexico: Glass Container Market Overview 2021

Glass Container Market Size in Mexico

The Mexican glass container market reduced to $X in 2019, which is down by -X% against the previous year. In general, consumption continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Glass container consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Glass Container Production in Mexico

In value terms, glass container production contracted modestly to $X in 2019 estimated in export prices. Overall, production, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Glass container production peaked at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Glass Container Exports

Exports from Mexico

In 2019, glass container exports from Mexico was estimated at X units, standing approx. at 2018. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X units in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, glass container exports contracted modestly to $X in 2019. Overall, total exports indicated a pronounced increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

The U.S. (X units) was the main destination for glass container exports from Mexico, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) also remains the key foreign market for glass container exports from Mexico.

From 2007 to 2019, the average annual growth rate of value to the U.S. stood at +X%.

Export Prices by Country

The average glass container export price stood at $X per unit in 2019, which is down by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Glass Container Imports

Imports into Mexico

After four years of growth, overseas purchases of bottles, jars and other containers of glass decreased by -X% to X units in 2019. In general, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2018, and then shrank dramatically in the following year.

In value terms, glass container imports dropped remarkably to $X in 2019. Overall, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

China (X units), the U.S. (X units) and India (X units) were the main suppliers of glass container imports to Mexico, with a combined X% share of total imports. These countries were followed by Chile, France and Spain, which together accounted for a further X 2007 to 2019, the biggest increases were in Chile (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass container suppliers to Mexico were India ($X), China ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by France, Chile and Spain, which together accounted for a further X the main suppliers, Chile saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average glass container import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a slight descent. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per unit), while the price for Chile ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bottles, jars and other containers of glass in the world?

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The country with the largest volume of glass container consumption was China (99B units), comprising approx. 21% of total volume. Moreover, glass container consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (37B units), threefold. Italy (27B units) ranked third in terms of total consumption with a 5.7% share.

What are the largest producers of bottles, jars and other containers of glass in the world?

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China (101B units) constituted the country with the largest volume of glass container production, accounting for 21% of total volume. Moreover, glass container production in China exceeded the figures recorded by the second-largest producer, the U.S. (35B units), threefold. The third position in this ranking was occupied by Italy (27B units), with a 5.6% share.

What are the leading suppliers of bottles, jars and other containers of glass to Mexico?

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In value terms, the largest glass container suppliers to Mexico were India ($24M), China ($22M) and the U.S. ($13M), together accounting for 77% of total imports. These countries were followed by France, Chile and Spain, which together accounted for a further 12%.

What are the leading importers of bottles, jars and other containers of glass from Mexico?

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In value terms, the U.S. ($445M) remains the key foreign market for glass container exports from Mexico.

What is the average export price for bottles, jars and other containers of glass in Mexico?

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The average glass container export price stood at $0.9 per unit in 2019, dropping by -4.2% against the previous year.

What is the average import price for bottles, jars and other containers of glass in Mexico?

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In 2019, the average glass container import price amounted to $0.6 per unit, surging by 12% against the previous year.