Mexico: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in Mexico

In 2021, after two years of decline, there was significant growth in the Mexican calcined and sintered dolomite market, when its value increased by 6.3% to $X. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Calcined And Sintered Dolomite in Mexico

In value terms, calcined and sintered dolomite production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15% against the previous year. Calcined and sintered dolomite production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Calcined And Sintered Dolomite

Exports from Mexico

In 2021, overseas shipments of calcined and sintered dolomite decreased by -1.9% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 188% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcined and sintered dolomite exports shrank to $X in 2021. Overall, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 236% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X tons) was the main destination for calcined and sintered dolomite exports from Mexico, accounting for a 67% share of total exports. Moreover, calcined and sintered dolomite exports to Ecuador exceeded the volume sent to the second major destination, the Dominican Republic (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Ecuador amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+15.2% per year) and Colombia (-44.4% per year).

In value terms, the largest markets for calcined and sintered dolomite exported from Mexico were Ecuador ($X), the Dominican Republic ($X) and Colombia ($X), with a combined 99% share of total exports.

The Dominican Republic, with a CAGR of +19.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average calcined and sintered dolomite export price stood at $X per ton in 2021, stabilizing at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 17%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Calcined And Sintered Dolomite

Imports into Mexico

In 2021, approx. X tons of calcined and sintered dolomite were imported into Mexico; with an increase of 23% against the year before. Over the period under review, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 323%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, calcined and sintered dolomite imports skyrocketed to $X in 2021. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 232% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Italy (X tons), the United States (X tons) and Guatemala (X tons) were the main suppliers of calcined and sintered dolomite imports to Mexico.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +37.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of calcined and sintered dolomite to Mexico, comprising 76% of total imports. The second position in the ranking was taken by Italy ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +49.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.9% per year) and Guatemala (-24.9% per year).

Import Prices by Country

The average calcined and sintered dolomite import price stood at $X per ton in 2021, with an increase of 63% against the previous year. In general, the import price enjoyed a perceptible increase. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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