Mexico: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Mexico

In 2021, after three years of decline, there was significant growth in the Mexican market for boards, sheets, panels, tiles and similar articles of plaster not faced, when its value increased by 17% to $X. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Mexico

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster not faced increased by 208% to X square meters for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt decrease. The exports peaked at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Overall, exports, however, showed a dramatic setback. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Mexico, accounting for a 72% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to the United States exceeded the volume sent to the second major destination, Costa Rica (X square meters), threefold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -9.2%.

In value terms, the United States ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Mexico, comprising 75% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -14.0%.

Export Prices by Country

The average export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, dropping by -1.9% against the previous year. Overall, the export price faced a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 138%. As a result, the export price attained the peak level of $X per square meter. From 2014 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Costa Rica stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+15.5%), while the prices for the other major destinations experienced a decline.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Mexico

In 2021, after three years of decline, there was significant growth in purchases abroad of boards, sheets, panels, tiles and similar articles of plaster not faced, when their volume increased by 50% to X square meters. In general, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 71%. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 70% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X square meters) was the main supplier of board, sheet, panel, tile and similar article of plaster not faced to Mexico, accounting for a 96% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster not faced from the United States exceeded the figures recorded by the second-largest supplier, Canada (X square meters), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -8.4%.

In value terms, the United States ($X) constituted the largest supplier of boards, sheets, panels, tiles and similar articles of plaster not faced to Mexico, comprising 94% of total imports. The second position in the ranking was held by Canada ($X), with a 5.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -7.8%.

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, leveling off at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 5.2%. The import price peaked at $X per square meter in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per square meter), while the price for the United States stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.7%).

Source: IndexBox Platform

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