Mexico: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Mexico

The Mexican market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) dropped modestly to $X in 2022, approximately equating the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.0% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Mexico

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) reduced slightly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.1% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 39%. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports from Mexico

In 2022, overseas shipments of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -47.3% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 130%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) fell dramatically to $X in 2022. In general, exports, however, saw buoyant growth. The growth pace was the most rapid in 2014 when exports increased by 91%. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +12.1%.

In value terms, the United States ($X) also remains the key foreign market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +8.8%.

Export Prices by Country

In 2022, the average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, leveling off at the previous year. Overall, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.9% per year.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports into Mexico

In 2022, overseas purchases of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by 14% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 62% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) skyrocketed to $X in 2022. In general, imports, however, showed a deep contraction. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) to Mexico, together accounting for 96% of total imports. Italy lagged somewhat behind, accounting for a further 2.5%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +1.6%), while imports for the other leaders experienced a decline.

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) suppliers to Mexico were China ($X), the United States ($X) and Spain ($X), with a combined 90% share of total imports.

Spain, with a CAGR of -2.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X per ton in 2022, with an increase of 24% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) increased by +95.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 44%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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