Latest Report Update: Jun 16, 2021

Mexico - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Mexico: Pig Iron Market Overview 2021

Webinar: Global Lithium Carbonate Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Thursday, September 30th, 2021 @ 10:00 am ET

Register Now

Pig Iron Market Size in Mexico

For the third year in a row, the Mexican pig iron market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, the total consumption indicated a slight expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2020, the growth of the market remained at a lower figure.

Pig Iron Production in Mexico

In value terms, pig iron production reached $X in 2020 estimated in export prices. Overall, production recorded a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2018 to 2020, production growth remained at a lower figure.

Pig Iron Exports

Exports from Mexico

In 2020, shipments abroad of pig iron and spiegeleisen increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are likely to see gradual growth in the near future.

In value terms, pig iron exports skyrocketed to $X in 2020. Overall, exports showed a remarkable increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tonnes), Italy (X tonnes) and Guatemala (X tonnes) were the main destinations of pig iron exports from Mexico.

From 2007 to 2020, the biggest increases were in Spain (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pig iron exported from Mexico were Spain ($X), Guatemala ($X) and Italy ($X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pig iron export price stood at $X per tonne in 2020, approximately equating the previous year. In general, the export price posted a slight increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Guatemala ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala, while the prices for the other major destinations experienced mixed trend patterns.

Pig Iron Imports

Imports into Mexico

In 2020, pig iron imports into Mexico fell rapidly to X tonnes, shrinking by -X% compared with 2019. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, pig iron imports fell rapidly to $X in 2020. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Brazil (X tonnes) was the main pig iron supplier to Mexico, accounting for a X% share of total imports. It was followed by Russia (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Brazil totaled -X%.

In value terms, Brazil ($X) constituted the largest supplier of pig iron to Mexico, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Brazil totaled -X%.

Import Prices by Country

In 2020, the average pig iron import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per tonne), while the price for Brazil amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox Platform

Product coverage:
• Prodcom 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

This report provides an in-depth analysis of the pig iron 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Lithium Carbonate Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 10:00 am ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 10:00 am ET


Register

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data