Mexico: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Mexico

The Mexican plastic doors and windows market amounted to $X in 2022, remaining constant against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.2% against 2020 indices. Plastic doors and windows consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Plastic Doors, Windows And Their Frames in Mexico

In value terms, plastic doors and windows production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Plastic doors and windows production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Plastic Doors, Windows And Their Frames

Exports from Mexico

In 2022, overseas shipments of plastic doors, windows and their frames increased by 44% to X units, rising for the second year in a row after three years of decline. In general, total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.5% 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 +93.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic doors and windows exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units) was the main destination for plastic doors and windows exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +4.2%.

In value terms, the United States ($X) also remains the key foreign market for plastic doors, windows and their frames exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +8.7%.

Export Prices by Country

The average plastic doors and windows export price stood at $X per unit in 2022, which is down by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2021 when the average export price increased by 16% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined slightly 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 +4.3% per year.

Imports of Plastic Doors, Windows And Their Frames

Imports into Mexico

In 2022, supplies from abroad of plastic doors, windows and their frames increased by 5.4% to X units, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +5.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, plastic doors and windows imports surged to $X in 2022. The total import value increased at an average annual rate of +5.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 30%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.0% per year) and Spain (+32.0% per year).

In value terms, the United States ($X) constituted the largest supplier of plastic doors, windows and their frames to Mexico, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.9% per year) and Spain (+22.2% per year).

Import Prices by Country

In 2022, the average plastic doors and windows import price amounted to $X per unit, growing by 18% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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