Mexico: Market for Iron Or Steel Anchors, Grapnels 2025

Market Size for Iron Or Steel Anchors, Grapnels in Mexico

The Mexican metal anchors and grapnels market totaled $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.2% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in Mexico

In value terms, metal anchors and grapnels production reached $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.3% against 2020 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 44%. Metal anchors and grapnels production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Mexico

Metal anchors and grapnels exports from Mexico dropped notably to X units in 2022, reducing by -17.4% compared with the previous year's figure. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2018 when exports increased by 273% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal anchors and grapnels exports soared to $X in 2022. Over the period under review, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2018 when exports increased by 394% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for metal anchors and grapnels exports from Mexico, with a 58% share of total exports. Moreover, metal anchors and grapnels exports to Peru exceeded the volume sent to the second major destination, Costa Rica (X units), fivefold. The third position in this ranking was taken by Suriname (X units), with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume to Peru totaled +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (-9.1% per year) and Suriname (+147.3% per year).

In value terms, Suriname ($X) emerged as the key foreign market for iron or steel anchors, grapnels exports from Mexico, comprising 60% of total exports. The second position in the ranking was taken by Peru ($X), with a 15% share of total exports. It was followed by Honduras, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Suriname stood at +170.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-9.2% per year) and Honduras (-26.0% per year).

Export Prices by Country

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, picking up by 52% against the previous year. Overall, the export price posted a resilient expansion. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Suriname ($X per unit), while the average price for exports to Belize ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+9.4%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Mexico

In 2022, imports of iron or steel anchors, grapnels into Mexico skyrocketed to X units, picking up by 71% compared with the previous year. Overall, imports, however, saw a slight reduction. The growth pace was the most rapid in 2013 with an increase of 211% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal anchors and grapnels imports surged to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 144%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest metal anchors and grapnels supplier to Mexico, accounting for a 75% share of total imports. Moreover, metal anchors and grapnels imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +19.1%.

In value terms, China ($X) constituted the largest supplier of iron or steel anchors, grapnels to Mexico, comprising 84% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +20.2%.

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 23%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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