Mexico: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Mexico

The Mexican market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses rose sharply to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2016 to 2020, the growth of the market remained at a lower figure.

Production of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Mexico

In value terms, production of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2016 to 2020, production growth remained at a somewhat lower figure.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Mexico

In 2020, shipments abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters for the first time since 2015, thus ending a four-year rising trend. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X square meters in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted markedly to $X in 2020. In general, exports saw a perceptible setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Exports peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X square meters) was the main destination for exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Mexico, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. amounted to -X%.

In value terms, the U.S. ($X) also remains the key foreign market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Mexico.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. stood at -X%.

Export Prices by Country

In 2020, the average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, export price reached the peak level of $X per square meter. from 2016 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Mexico

In 2020, purchases abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to X square meters, rising for the fourth consecutive year after three years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses dropped to $X in 2020. Over the period under review, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2019, and then dropped in the following year.

Imports by Country

In 2020, China (X square meters) constituted the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to Mexico, with a X% share of total imports. Moreover, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, the U.S. (X square meters), fivefold. The third position in this ranking was occupied by South Korea (X square meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and South Korea (+X% per year).

In value terms, China ($X), Colombia ($X) and the U.S. ($X) constituted the largest safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Mexico, together comprising X% of total imports. These countries were followed by the Czech Republic and South Korea, which together accounted for a further X the main suppliers, South Korea (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, shrinking by -X% against the previous year. Over the period under review, import price indicated slight growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. from 2017 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Colombia ($X per square meter), while the price for South Korea ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Colombia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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