Report Update Nov 1, 2024

Mexico - Natural Stone Setts, Kerbstones and Flagstones - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Mexico

The Mexican natural stone sett market contracted modestly to $X in 2022, which is down by -3.2% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Natural Stone Sett Production in Mexico

In value terms, natural stone sett production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 23% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Natural Stone Sett Exports

Exports from Mexico

In 2022, exports of natural stone setts, kerbstones and flagstones from Mexico soared to X tons, increasing by 42% on the previous year. Over the period under review, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural stone sett exports skyrocketed to $X in 2022. In general, exports posted slight growth. The growth pace was the most rapid in 2020 with an increase of 70% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for natural stone sett exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -1.1%.

In value terms, the United States ($X) also remains the key foreign market for natural stone setts, kerbstones and flagstones exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +4.0%.

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, declining by -15.7% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 78%. As a result, the export price attained the peak level of $X per ton, and then reduced notably 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 2022, the rate of growth in terms of prices for the United States amounted to +5.1% per year.

Natural Stone Sett Imports

Imports into Mexico

In 2022, purchases abroad of natural stone setts, kerbstones and flagstones decreased by -15.4% to X tons, falling for the second year in a row after three years of growth. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 66% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, natural stone sett imports reduced notably to $X in 2022. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 177%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of natural stone sett to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.9%.

In value terms, China ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Mexico.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average natural stone sett import price stood at $X per ton in 2022, falling by -78.8% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 67%. The import price peaked at $X per ton in 2021, and then dropped dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural stone setts, kerbstones and flagstones in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 33% share of global consumption. India, Indonesia, Brazil, Vietnam, Mexico, Turkey, the Philippines, South Korea, Pakistan and Qatar lagged somewhat behind, together comprising a further 28%.

What are the largest producers of natural stone setts, kerbstones and flagstones in the world?

China constituted the country with the largest volume of natural stone sett production, accounting for 20% of total volume. Moreover, natural stone sett production in China exceeded the figures recorded by the second-largest producer, Pakistan, twofold. The third position in this ranking was occupied by the United States, with a 9.1% share.

What are the leading suppliers of natural stone setts, kerbstones and flagstones to Mexico?

In value terms, Spain constituted the largest supplier of natural stone sett to Mexico, comprising 68% of total imports. The second position in the ranking was occupied by the United States, with a 27% share of total imports.

What are the leading importers of natural stone setts, kerbstones and flagstones from Mexico?

In value terms, the United States remains the key foreign market for natural stone sett exports from Mexico, comprising 86% of total exports. The second position in the ranking was occupied by Spain, with an 8.5% share of total exports.

What is the average export price for natural stone setts, kerbstones and flagstones in Mexico?

In 2021, the average natural stone sett export price amounted to $353 per ton, rising by 27% against the previous year.

What is the average import price for natural stone setts, kerbstones and flagstones in Mexico?

In 2021, the average natural stone sett import price amounted to $828 per ton, surging by 301% against the previous year.

This report provides an in-depth analysis of the natural stone sett 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 23701210 - Natural stone setts, kerbstones and flagstones (excluding of slate)

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