Mexico - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice of Mexico's Glass Fiber Mat Jumps 28%, Averaging $3,897 per Ton
Mexico Glass Fibre Mat Import Price in November 2022
In November 2022, the glass fibre mat price stood at $3,897 per ton (CIF, Mexico), picking up by 28% against the previous month. In general, import price indicated a buoyant increase from November 2021 to November 2022: its price increased at an average monthly rate of +6.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, glass fibre mat import price increased by +28.3% against October 2022 indices. The pace of growth appeared the most rapid in December 2021 when the average import price increased by 74% against the previous month. Over the period under review, average import prices attained the peak figure at $4,707 per ton in February 2022; however, from March 2022 to November 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,824 per ton), while the price for China ($2,104 per ton) was amongst the lowest.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Nov 2021 | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Import Price of Glass Fibre Mat in Mexico (USD per ton) | |||||||||||||
| United States | 1,619 | 4,153 | 3,843 | 6,135 | 4,051 | 8,827 | 6,619 | 6,145 | 7,493 | 6,281 | 6,099 | 6,480 | 5,824 |
| Canada | 2,945 | 2,777 | 3,629 | N/A | 3,596 | 4,045 | 4,045 | 3,783 | N/A | N/A | N/A | N/A | 3,968 |
| Italy | N/A | 2,600 | N/A | N/A | N/A | 2,664 | N/A | N/A | 3,282 | 3,492 | 3,285 | 3,395 | 3,326 |
| China | 2,241 | 2,567 | 2,570 | 2,976 | 2,622 | 2,452 | 2,465 | 2,445 | 2,815 | 2,291 | 2,135 | 1,860 | 2,104 |
| Average | 1,921 | 3,350 | 3,416 | 4,707 | 3,349 | 4,127 | 3,879 | 3,543 | 3,829 | 3,509 | 3,447 | 3,036 | 3,897 |
Mexico Glass Fibre Mat Imports
In November 2022, purchases abroad of glass fibre mats decreased by -35% to 944 tons, falling for the third consecutive month after four months of growth. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in March 2022 when imports increased by 123% against the previous month.
In value terms, glass fibre mat imports reduced sharply to $3.7M (IndexBox estimates) in November 2022. In general, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in March 2022 with an increase of 59% month-to-month.
Mexico Glass Fibre Mat Imports by Country
China (432 tons), the United States (401 tons) and Canada (75 tons) were the main suppliers of glass fibre mat imports to Mexico, with a combined 96% share of total imports.
From November 2021 to November 2022, the biggest increases were in Canada (with a CAGR of -0.8%), while purchases for the other leaders experienced a decline.
In value terms, the United States ($2.3M) constituted the largest supplier of glass fibre mat to Mexico, comprising 64% of total imports. The second position in the ranking was taken by China ($909K), with a 25% share of total imports. It was followed by Canada, with an 8% share.
From November 2021 to November 2022, the average monthly rate of growth in terms of value from the United States stood at +1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-6.8% per month) and Canada (+1.7% per month).
This report provides an in-depth analysis of the glass fibre mat 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 23141162 - Glass fibre mats made of filaments
- Prodcom 23141217 - Glass fibre mats made of glass wool
- Prodcom 23141210 -
- Prodcom 23141220 -
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
