Mexico: Newspaper Market 2024

Newspaper Market Size in Mexico

The Mexican newspaper market contracted to $X in 2022, flattening at the previous year. Over the period under review, consumption saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.5% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Newspaper Production in Mexico

In value terms, newspaper production contracted slightly to $X in 2022 estimated in export price. In general, production recorded a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 2.5%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Newspaper Exports

Exports from Mexico

In 2022, shipments abroad of newspapers, journals and periodicals was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 69%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, newspaper exports declined to $X in 2022. In general, exports, however, saw a dramatic decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 39%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for newspaper exports from Mexico, accounting for a 94% share of total exports. Moreover, newspaper exports to the United States exceeded the volume sent to the second major destination, Panama (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-30.2% per year) and El Salvador (-33.9% per year).

In value terms, the United States ($X) remains the key foreign market for newspapers, journals and periodicals exports from Mexico, comprising 90% of total exports. The second position in the ranking was taken by Panama ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-27.0% per year) and El Salvador (-36.9% per year).

Export Prices by Country

The average newspaper export price stood at $X per unit in 2022, falling by -19.9% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 52% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to the United States ($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 Cuba (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Newspaper Imports

Imports into Mexico

After nine years of decline, purchases abroad of newspapers, journals and periodicals increased by 9% to X units in 2022. In general, imports, however, faced a abrupt downturn. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, newspaper imports reduced to $X in 2022. Overall, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 0.5%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -11.6%.

In value terms, the United States ($X) constituted the largest supplier of newspapers, journals and periodicals to Mexico, comprising 63% of total imports. The second position in the ranking was held by Spain ($X), with a 30% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -18.4%.

Import Prices by Country

In 2022, the average newspaper import price amounted to $X per unit, shrinking by -17.2% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%).

Source: IndexBox Platform

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