Mexico: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2023

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Mexico

The Mexican market for building blocks and bricks of cement, concrete or artificial stone reached $X in 2021, surging by 4.6% against the previous year. Over the period under review, consumption showed a prominent expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Mexico

In value terms, production of building blocks and bricks of cement, concrete or artificial stone rose rapidly to $X in 2021 estimated in export price. In general, production saw a prominent increase. The growth pace was the most rapid in 2016 with an increase of 28% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Mexico

In 2021, overseas shipments of building blocks and bricks of cement, concrete or artificial stone increased by 61% to X tons, rising for the second year in a row after six years of decline. Over the period under review, exports recorded a mild increase. The most prominent rate of growth was recorded in 2020 when exports increased by 91% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone fell sharply to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. As a result, the exports reached the peak of $X, and then declined notably in the following year.

Exports by Country

The United States (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +2.1%.

In value terms, the United States ($X) also remains the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +2.4%.

Export Prices by Country

The average export price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, which is down by -51.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the 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 United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +0.2% per year.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Mexico

For the third year in a row, Mexico recorded decline in overseas purchases of building blocks and bricks of cement, concrete or artificial stone, which decreased by -87.8% to X tons in 2021. In general, imports showed a precipitous curtailment. The growth pace was the most rapid in 2016 when imports increased by 306%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone declined sharply to $X in 2021. Over the period under review, imports saw a sharp decline. The growth pace was the most rapid in 2016 with an increase of 200%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main building blocks and bricks of cement, concrete or artificial stone supplier to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -24.7%.

In value terms, the United States ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Mexico.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -28.7%.

Import Prices by Country

In 2021, the average import price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, approximately mirroring the previous year. Overall, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 51% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -5.2% per year.

Source: IndexBox Market Intelligence Platform

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