Mexico - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOctober 2023 Sees a Marginal Increase in the Import of Particle Board to $5.9M in Mexico.
Mexico Particle Board Imports
In October 2023, the amount of particle board imported into Mexico rose notably to 9.4M cubic meters, with an increase of 8.8% against September 2023 figures. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when imports increased by 118% m-o-m. As a result, imports reached the peak of 18M cubic meters. From March 2023 to October 2023, the growth of imports failed to regain momentum.
In value terms, particle board imports rose to $5.9M (IndexBox estimates) in October 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 with an increase of 98% against the previous month. As a result, imports attained the peak of $11M. From March 2023 to October 2023, the growth of imports failed to regain momentum.
| COUNTRY | Import Value of Particle Board in Mexico (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| United States | 5.2 | 4.8 | 5.0 | 5.0 | 5.1 | 5.6 | 4.8 | 6.1 | 6.4 | 4.9 | 5.7 | 4.2 | 4.6 |
| Spain | N/A | 0.2 | 0.4 | 0.3 | 5.5 | 0.4 | 0.1 | 2.2 | 0.6 | N/A | 0.8 | 0.8 | 0.5 |
| China | 0.4 | 0.3 | 0.2 | 0.1 | < 0.1 | < 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.4 | 0.2 |
| Others | 0.6 | 0.3 | 0.2 | N/A | 0.3 | 0.3 | < 0.1 | 0.5 | < 0.1 | 0.3 | 0.2 | 0.2 | 0.6 |
| Total | 6.3 | 5.7 | 5.7 | 5.5 | 10.9 | 6.4 | 5.1 | 9.0 | 7.3 | 5.4 | 6.8 | 5.7 | 5.9 |
Imports by Country
In October 2023, the United States (6.6M cubic meters) constituted the largest particle board supplier to Mexico, accounting for a 71% share of total imports. Moreover, particle board imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (817K cubic meters), eightfold.
From October 2022 to October 2023, the average monthly growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (+8.8% per month) and China (-2.9% per month).
In value terms, the United States ($4.6M) constituted the largest supplier of particle board to Mexico, comprising 77% of total imports. The second position in the ranking was taken by Spain ($518K), with an 8.7% share of total imports.
From October 2022 to October 2023, the average monthly growth rate of value from the United States totaled -1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (+7.5% per month) and China (-4.4% per month).
Imports by Type
Waferboards (5.9M cubic meters), oriented strandboard (OSB) (3.2M cubic meters) and particle board and similar board of ligneous materials (excluding wood) (303K cubic meters) were the main products of particle board imports to Mexico.
From October 2022 to October 2023, the biggest increases were in board of bagasse, bamboo or other particles (with a CAGR of +8.2%), while purchases for the other products experienced a decline.
In value terms, waferboards ($3.9M) constituted the largest type of particle board supplied to Mexico, comprising 65% of total imports. The second position in the ranking was taken by oriented strandboard (OSB) ($1.8M), with a 31% share of total imports.
Import Prices by Country
In October 2023, the particle board price amounted to $636 per thousand cubic meters (CIF, Mexico), with a decrease of -4.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 9.1% m-o-m. As a result, import price reached the peak level of $731 per thousand cubic meters. From May 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($695 per thousand cubic meters), while the price for China ($293 per thousand cubic meters) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Canada (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the particle board 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:
- FCL 1697 - Particle board
- FCL 1606 - OSB
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
