Mexico: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Mexico

In 2022, the Mexican market for boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to $X, falling for the third consecutive year after three years of growth. Overall, consumption showed a pronounced decline. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Mexico

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Mexico

For the third year in a row, Mexico recorded growth in overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster, which increased by X% to X square meters in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Mexico, with a X% share of total exports. It was followed by Guatemala (X square meters), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Costa Rica (X% per year).

In value terms, the United States ($X) remains the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Costa Rica (X% per year).

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, rising by X% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Costa Rica ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Mexico

In 2022, imports of boards, sheets, panels, or tiles of gypsum or plaster into Mexico surged to X square meters, jumping by X% compared with 2021 figures. Overall, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports of hit record highs at X square meters in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. In general, imports, however, recorded a perceptible shrinkage. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X square meters) was the main supplier of board, sheet, panel, tile and similar article of plaster to Mexico, accounting for a approx. X% share of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of boards, sheets, panels, or tiles of gypsum or plaster to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%.

Import Prices by Country

In 2022, the average import price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, surging by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, 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 X% per year.

Source: IndexBox Platform

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