Mexico: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Mexico

In 2022, the Mexican enamels and glazes market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Enamels And Glazes Production in Mexico

In value terms, enamels and glazes production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Enamels And Glazes Exports

Exports from Mexico

In 2022, shipments abroad of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, enamels and glazes exports soared to $X in 2022. Overall, exports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for enamels and glazes exports from Mexico, accounting for a X% share of total exports. Moreover, enamels and glazes exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Colombia (X% per year).

In value terms, the United States ($X) remains the key foreign market for vitrifiable enamels and glazes for ceramics, enamelling or glass exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the average enamels and glazes export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Enamels And Glazes Imports

Imports into Mexico

In 2022, approx. X tons of vitrifiable enamels and glazes for ceramics, enamelling or glass were imported into Mexico; jumping by X% on 2021. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, enamels and glazes imports surged to $X in 2022. Overall, imports, however, recorded a perceptible slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), the United States (X tons) and Italy (X tons) were the main suppliers of enamels and glazes imports to Mexico, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of vitrifiable enamels and glazes for ceramics, enamelling or glass to Mexico, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average enamels and glazes import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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