Mexico: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Mexico

In 2022, the Mexican market for cellular plates, sheets, film, foil and strip of plastics was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption enjoyed a prominent increase. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Mexico

In value terms, production of cellular plates, sheets, film, foil and strip of plastics totaled $X in 2022 estimated in export price. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2017; afterwards, it flattened through to 2022.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Mexico

In 2022, shipments abroad of cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics reached $X in 2022. In general, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for exports of cellular plates, sheets, film, foil and strip of plastics from Mexico, with a X% share of total exports. It was followed by Guatemala (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) remains the key foreign market for cellular plates, sheets, film, foil and strip of plastics exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%.

Export Prices by Country

The average export price for cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cellular plates, sheets, film, foil and strip of plastics decreased by X% against 2018 indices. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Guatemala stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Mexico

In 2022, approx. X tons of cellular plates, sheets, film, foil and strip of plastics were imported into Mexico; jumping by X% compared with the previous year's figure. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics surged to $X in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest cellular plates, sheets, film, foil and strip of plastics supplier to Mexico, with a X% share of total imports. Moreover, imports of cellular plates, sheets, film, foil and strip of plastics from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Canada (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Canada (X% per year).

In value terms, the United States ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to Mexico, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average import price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, growing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform