Mexico: Photographic Film Market 2024

Photographic Film Market Size in Mexico

The Mexican photographic film market fell notably to $X in 2021, declining by -22.1% against the previous year. Overall, consumption, however, recorded a perceptible downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Photographic Film Production in Mexico

In value terms, photographic film production shrank notably to $X in 2021 estimated in export price. In general, production, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 253% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted notably in the following year.

Photographic Film Exports

Exports from Mexico

In 2021, overseas shipments of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed increased by 4% to X square meters for the first time since 2012, thus ending a eight-year declining trend. Overall, exports, however, continue to indicate a sharp reduction. Over the period under review, the exports attained the maximum at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, photographic film exports fell notably to $X in 2021. In general, exports, however, faced a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 74% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for photographic film exports from Mexico, with a 95% share of total exports. It was followed by El Salvador (X square meters), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-2.8% per year) and Colombia (-76.6% per year).

In value terms, the United States ($X) emerged as the key foreign market for photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed exports from Mexico, comprising 96% of total exports. The second position in the ranking was taken by El Salvador ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (-4.0% per year) and Colombia (-81.8% per year).

Export Prices by Country

In 2021, the average photographic film export price amounted to $X per square meter, dropping by -45.7% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2020 when the average export price increased by 155% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then declined dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was El Salvador ($X per square meter), while the average price for exports to Colombia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+64.8%), while the prices for the other major destinations experienced more modest paces of growth.

Photographic Film Imports

Imports into Mexico

After eight years of decline, purchases abroad of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed increased by 44% to X square meters in 2021. Over the period under review, imports, however, faced a deep reduction. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic film imports soared to $X in 2021. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X square meters) constituted the largest photographic film supplier to Mexico, accounting for a 75% share of total imports. Moreover, photographic film imports from the United States exceeded the figures recorded by the second-largest supplier, Japan (X square meters), eightfold. China (X square meters) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-20.1% per year) and China (+8.2% per year).

In value terms, the United States ($X) constituted the largest supplier of photographic plates and film, photographic paper, paperboard and textiles and instant print film, sensitized, unexposed to Mexico, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Japan, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.7% per year) and Japan (-5.6% per year).

Import Prices by Country

The average photographic film import price stood at $X per square meter in 2021, declining by -13.1% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 34%. Over the period under review, average import prices hit record highs at $X per square meter in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for the United States ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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