Mexico: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Mexico

The Mexican metal advertising sign market rose slightly to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2013 to 2020, the growth of the market failed to regain the momentum.

Metal Advertising Sign Production in Mexico

In value terms, metal advertising sign production contracted slightly to $X in 2020 estimated in export prices. In general, production, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2013 to 2020, production growth remained at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Mexico

Metal advertising sign exports from Mexico fell to X tons in 2020, waning by -X% against the previous year. Overall, exports, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports fell to $X in 2020. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tons) was the main destination for metal advertising sign exports from Mexico, with a X% share of total exports. It was followed by Canada (X tons), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) remains the key foreign market for metal advertising sign exports from Mexico, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%.

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, dropping by -X% against the previous year. In general, export price indicated a moderate increase from 2007 to 2020: its price 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, metal advertising sign export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while the average price for exports to the U.S. amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Metal Advertising Sign Imports

Imports into Mexico

In 2020, imports of metal advertising signs into Mexico contracted markedly to X tons, with a decrease of -X% on 2019. Overall, imports recorded a pronounced reduction. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports dropped to $X in 2020. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tons) constituted the largest metal advertising sign supplier to Mexico, with a X% share of total imports. Moreover, metal advertising sign imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was occupied by Hong Kong SAR (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the U.S. stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Hong Kong SAR (+X% per year).

In value terms, the U.S. ($X), China ($X) and Japan ($X) were the largest metal advertising sign suppliers to Mexico, together comprising X% of total imports.

Japan recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average metal advertising sign import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price posted a strong expansion. The growth pace was the most rapid in 2019 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :