Mexico: Market for Metal Windows And Doors 2024

Market Size for Metal Windows And Doors in Mexico

After two years of growth, the Mexican metal window and door market decreased by -2.9% to $X in 2021. The market value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then declined slightly in the following year.

Production of Metal Windows And Doors in Mexico

In value terms, metal window and door production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.7% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 46%. Metal window and door production peaked at $X in 2020, and then reduced slightly in the following year.

Exports of Metal Windows And Doors

Exports from Mexico

In 2021, shipments abroad of metal windows and doors increased by 72% to X tons, rising for the fourth year in a row after three years of decline. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal window and door exports soared to $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +57.3% against 2014 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 35%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for metal window and door exports from Mexico, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +8.9%.

In value terms, the United States ($X) also remains the key foreign market for metal windows and doors exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +10.5%.

Export Prices by Country

In 2021, the average metal window and door export price amounted to $X per ton, falling by -30% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 69% against the previous year. The export price peaked at $X per ton in 2020, and then shrank markedly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +1.4% per year.

Imports of Metal Windows And Doors

Imports into Mexico

In 2021, purchases abroad of metal windows and doors was finally on the rise to reach X tons after three years of decline. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, metal window and door imports skyrocketed to $X in 2021. In general, imports, however, showed a mild setback. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of metal window and door imports to Mexico, together comprising 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +17.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of metal windows and doors to Mexico, comprising 56% of total imports. The second position in the ranking was taken by China ($X), with a 27% share of total imports. It was followed by Spain, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.3% per year) and Spain (+9.9% per year).

Import Prices by Country

In 2021, the average metal window and door import price amounted to $X per ton, dropping by -7.2% against the previous year. Overall, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 3.1%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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