Mexico: Common Pottery Market 2024

Common Pottery Market Size in Mexico

The Mexican common pottery market contracted to $X in 2022, which is down by -9.5% against the previous year. In general, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.9% against 2020 indices. Common pottery consumption peaked at $X in 2021, and then declined in the following year.

Common Pottery Production in Mexico

In value terms, common pottery production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 33% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Common Pottery Exports

Exports from Mexico

In 2022, after three years of growth, there was significant decline in shipments abroad of common pottery, when their volume decreased by -14.1% to X tons. Overall, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 160%. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, common pottery exports declined sharply to $X in 2022. In general, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +47.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. The exports peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

The United States (X tons) was the main destination for common pottery exports from Mexico, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +5.1%.

In value terms, the United States ($X) also remains the key foreign market for common pottery exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +4.5%.

Export Prices by Country

In 2022, the average common pottery export price amounted to $X per ton, with a decrease of -5.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 -0.6% per year.

Common Pottery Imports

Imports into Mexico

After two years of growth, supplies from abroad of common pottery decreased by -23.4% to X tons in 2022. In general, imports, however, saw pronounced growth. The growth pace was the most rapid in 2021 when imports increased by 148% against the previous year. As a result, imports attained the peak of X tons, and then declined markedly in the following year.

In value terms, common pottery imports surged to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of common pottery to Mexico, with a 81% share of total imports. Moreover, common pottery imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was taken by Colombia (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+34.3% per year) and Colombia (+23.5% per year).

In value terms, China ($X) constituted the largest supplier of common pottery to Mexico, comprising 80% of total imports. The second position in the ranking was held by Thailand ($X), with a 5.6% share of total imports. It was followed by Colombia, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+32.6% per year) and Colombia (+24.2% per year).

Import Prices by Country

In 2022, the average common pottery import price amounted to $X per ton, rising by 78% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, common pottery import price decreased by -28.2% against 2019 indices. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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