Report Update Nov 1, 2024

Mexico - Glues Based on Starches, Dextrins or Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Starch Glue Market 2024

Starch Glue Market Size in Mexico

The Mexican starch glue market soared to $X in 2021, growing by 56% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Starch Glue Exports

Exports from Mexico

After five years of growth, shipments abroad of glues based on starches, dextrins or other modified starches decreased by -3.7% to X tons in 2021. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 when exports increased by 93%. The exports peaked at X tons in 2020, and then declined slightly in the following year.

In value terms, starch glue exports stood at $X in 2021. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 66% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Guatemala (X tons) was the main destination for starch glue exports from Mexico, with a 67% share of total exports. Moreover, starch glue exports to Guatemala exceeded the volume sent to the second major destination, Colombia (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Guatemala stood at +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+275.5% per year) and Peru (+49.0% per year).

In value terms, Guatemala ($X) remains the key foreign market for glues based on starches, dextrins or other modified starches exports from Mexico, comprising 70% of total exports. The second position in the ranking was taken by Colombia ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Guatemala totaled +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+280.0% per year) and Peru (+30.2% per year).

Export Prices by Country

In 2021, the average starch glue export price amounted to $X per ton, growing by 4.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 9.3%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Peru ($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 Colombia (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Starch Glue Imports

Imports into Mexico

In 2021, the amount of glues based on starches, dextrins or other modified starches imported into Mexico soared to X tons, jumping by 55% compared with 2020. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch glue imports skyrocketed to $X in 2021. Over the period under review, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest starch glue supplier to Mexico, accounting for a 88% share of total imports. Moreover, starch glue imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +34.8%.

In value terms, Germany ($X) constituted the largest supplier of glues based on starches, dextrins or other modified starches to Mexico, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +28.4%.

Import Prices by Country

In 2021, the average starch glue import price amounted to $X per ton, dropping by -2% against the previous year. Over the period under review, the import price saw a perceptible downturn. The pace of growth was the most pronounced in 2017 a decrease of -1%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glues based on starches, dextrins or other modified starches in the world?

The countries with the highest volumes of starch glue consumption in 2020 were China, the U.S. and India, together comprising 39% of global consumption. These countries were followed by Italy, Turkey, Japan, Russia, Brazil, Germany, Thailand, South Korea and Iran, which together accounted for a further 35%.

What are the largest producers of glues based on starches, dextrins or other modified starches in the world?

China constituted the country with the largest volume of starch glue production, accounting for 22% of total volume. Moreover, starch glue production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. Germany ranked third in terms of total production with a 9% share.

What are the leading suppliers of glues based on starches, dextrins or other modified starches to Mexico?

In value terms, Germany constituted the largest supplier of starch glue to Mexico, comprising 79% of total imports. The second position in the ranking was occupied by the U.S., with a 21% share of total imports.

What are the leading importers of glues based on starches, dextrins or other modified starches from Mexico?

In value terms, the U.S. remains the key foreign market for starch glue exports from Mexico.

What is the average export price for glues based on starches, dextrins or other modified starches in Mexico?

The average starch glue export price stood at $1,110 per ton in 2020, falling by -18.9% against the previous year.

What is the average import price for glues based on starches, dextrins or other modified starches in Mexico?

In 2020, the average starch glue import price amounted to $772 per ton, reducing by -19.5% against the previous year.

This report provides an in-depth analysis of the starch glue market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20521060 - Glues based on starches, dextrins or other modified starches

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023