Report Update Feb 1, 2025

Mexico - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Polyethylene Binder Market 2025

Polyethylene Binder Market Size in Mexico

In 2022, the Mexican polyethylene binder market was finally on the rise to reach $X for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, consumption, however, recorded a pronounced decline. Polyethylene binder consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Polyethylene Binder Production in Mexico

In value terms, polyethylene binder production fell to $X in 2022 estimated in export price. In general, production showed a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 7.3% against the previous year. Polyethylene binder production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Polyethylene Binder Exports

Exports from Mexico

In 2022, shipments abroad of polyethylene or polypropylene binder or baler (agricultural) twines was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, recorded a abrupt decline. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, polyethylene binder exports soared to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for polyethylene binder exports from Mexico, accounting for 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 -6.7%.

In value terms, the United States ($X) also remains the key foreign market for polyethylene or polypropylene binder or baler (agricultural) twines exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -5.7%.

Export Prices by Country

The average polyethylene binder export price stood at $X per ton in 2022, increasing by 59% against the previous year. Over the period under review, the export price enjoyed a modest increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 +1.1% per year.

Polyethylene Binder Imports

Imports into Mexico

In 2022, supplies from abroad of polyethylene or polypropylene binder or baler (agricultural) twines increased by 52% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 61%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, polyethylene binder imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Portugal (X tons) were the main suppliers of polyethylene binder imports to Mexico, together accounting for 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +32.5%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of polyethylene or polypropylene binder or baler (agricultural) twines to Mexico, comprising 61% of total imports. The second position in the ranking was taken by China ($X), with a 27% share of total imports. It was followed by Portugal, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+34.2% per year) and Portugal (-4.8% per year).

Import Prices by Country

The average polyethylene binder import price stood at $X per ton in 2022, jumping by 27% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyethylene binder import price increased by +79.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyethylene or polypropylene binder or baler (agricultural) twines in the world?

China constituted the country with the largest volume of polyethylene binder consumption, accounting for 15% of total volume. Moreover, polyethylene binder consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.2% share.

What are the largest producers of polyethylene or polypropylene binder or baler (agricultural) twines in the world?

The countries with the highest volumes of in 2021 were China, Portugal and India, with a combined 33% share of global production. Hungary, Indonesia, Japan, Poland, Brazil, Russia, the United States, Nigeria, Vietnam and Bangladesh lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of polyethylene or polypropylene binder or baler (agricultural) twines to Mexico?

In value terms, the United States constituted the largest supplier of polyethylene binder to Mexico, comprising 64% of total imports. The second position in the ranking was occupied by China, with a 20% share of total imports.

What are the leading importers of polyethylene or polypropylene binder or baler (agricultural) twines from Mexico?

In value terms, the United States remains the key foreign market for polyethylene binder exports from Mexico, comprising 96% of total exports. The second position in the ranking was occupied by Belize, with a 3.5% share of total exports.

What is the average export price for polyethylene or polypropylene binder or baler (agricultural) twines in Mexico?

The average polyethylene binder export price stood at $2,586 per ton in 2021, waning by -12.1% against the previous year.

What is the average import price for polyethylene or polypropylene binder or baler (agricultural) twines in Mexico?

In 2021, the average polyethylene binder import price amounted to $4,013 per ton, surging by 49% against the previous year.

This report provides an in-depth analysis of the polyethylene binder 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 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024