Mexico: Metal Skid Chain Market 2025

Metal Skid Chain Market Size in Mexico

In 2021, the Mexican metal skid chain market increased by 15% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Metal Skid Chain Production in Mexico

In value terms, metal skid chain production soared to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt shrinkage. Metal skid chain production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Skid Chain Exports

Exports from Mexico

In 2021, the amount of iron or steel skid chain exported from Mexico surged to X tons, jumping by 377% against the previous year. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 2,636% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal skid chain exports surged to $X in 2021. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 881%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons) was the main destination for metal skid chain exports from Mexico, with a 74% share of total exports. Moreover, metal skid chain exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), sevenfold. Canada (X kg) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.4% per year) and Canada (+101.1% per year).

In value terms, the UK ($X) emerged as the key foreign market for iron or steel skid chain exports from Mexico, comprising 89% of total exports. The second position in the ranking was taken by the United States ($X), with a 6.7% share of total exports. It was followed by Canada, with a 1.2% share.

From 2012 to 2021, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-3.7% per year) and Canada (+141.9% per year).

Export Prices by Country

In 2021, the average metal skid chain export price amounted to $X per ton, growing by 58% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 214% 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 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 the Philippines (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Skid Chain Imports

Imports into Mexico

In 2021, imports of iron or steel skid chain into Mexico reduced remarkably to X tons, waning by -80.5% against 2020. Over the period under review, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 265% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, metal skid chain imports declined dramatically to $X in 2021. Overall, imports faced a sharp slump. The pace of growth was the most pronounced in 2017 when imports increased by 268%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest metal skid chain supplier to Mexico, with a 84% share of total imports. Moreover, metal skid chain imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.7%.

In value terms, China ($X) constituted the largest supplier of iron or steel skid chain to Mexico, comprising 68% of total imports. The second position in the ranking was held by the United States ($X), with a 32% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +3.2%.

Import Prices by Country

The average metal skid chain import price stood at $X per ton in 2021, reducing by -3.4% against the previous year. In general, the import price saw a slight decrease. The growth pace was the most rapid in 2015 an increase of 17% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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