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Mexico - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Mexico - Nails, Tacks, Drawing Pins, Corrugated Nails, Staples - Market Analysis, Forecast, Size, Trends And Insights

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May 4, 2023

Price of Nails and Tacks in Mexico Drops to $1,799 per Ton

Mexico Nails And Tacks Import Price in December 2022

In December 2022, the nails and tacks price stood at $1,799 per ton (CIF, Mexico), which is down by -17.8% against the previous month. Overall, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in May 2022 an increase of 62% against the previous month. As a result, import price attained the peak level of $3,163 per ton. From June 2022 to December 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was China ($1,963 per ton), while the price for the United States stood at $643 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (-2.5%).

COUNTRYImport Price of Nails And Tacks in Mexico (USD per ton)
Dec 2021Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022
China2,6452,2302,3612,5752,5122,5862,5502,5362,8462,1082,3101,9211,963
United States1,50622,2781,0151,3559437,5191,2713,2402,0773,4775,9216,481643
Average2,4613,1582,0842,4211,9553,1632,2832,7052,8012,5142,5242,1891,799

Mexico Nails And Tacks Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was base metal fittings for loose-leaf binders or files ($3,052 per ton), while the price for letter clips, letter corners of base metal ($1,143 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by loose-leaf binder metal fitting (+0.7%), while the prices for the other products experienced a decline.

Mexico Nails And Tacks Imports

In December 2022, supplies from abroad of nails, tacks, drawing pins, corrugated nails, staples was finally on the rise to reach 2.8K tons after three months of decline. Overall, total imports indicated a slight expansion from December 2021 to December 2022: its volume increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, imports increased by +97.8% against November 2022 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nails and tacks imports soared to $5M (IndexBox estimates) in December 2022. In general, imports, however, continue to indicate a mild setback.

Mexico Nails And Tacks Imports by Type

Base metal staples in strips for use in offices (1.4K tons), base metal fittings for loose-leaf binders or files (776 tons) and letter clips, letter corners of base metal (649 tons) were the main products of nails and tacks imports to Mexico.

From December 2021 to December 2022, the biggest increases were in office metal staple (with a CAGR of +2.1%), while purchases for the other products experienced more modest paces of growth.

In value terms, base metal fittings for loose-leaf binders or files ($2.4M), base metal staples in strips for use in offices ($1.9M) and letter clips, letter corners of base metal ($741K) constituted the most imported types of nails, tacks, drawing pins, corrugated nails, staples in Mexico.

Mexico Nails And Tacks Imports by Country

In December 2022, China (2.2K tons) constituted the largest nails and tacks supplier to Mexico, accounting for a 78% share of total imports. Moreover, nails and tacks imports from China exceeded the figures recorded by the second-largest supplier, the United States (571 tons), fourfold.

From December 2021 to December 2022, the average monthly growth rate of volume from China amounted to +1.8%.

In value terms, China ($4.2M) constituted the largest supplier of nails and tacks to Mexico, comprising 85% of total imports. The second position in the ranking was held by the United States ($367K), with a 7.3% share of total imports.

From December 2021 to December 2022, the average monthly growth rate of value from China was relatively modest.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the nails and tacks 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 25931400 - Nails, tacks, drawing pins, corrugated nails, staples (other than those of HS
  • Prodcom 25992330 - Base metal fittings for loose-leaf binders or files
  • Prodcom 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
  • Prodcom 25992370 - Office articles such as letter clips, letter corners... of base metal

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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