Report Update Nov 1, 2024

Mexico - Safety Fuses, Detonating Fuses and Electric Detonators - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Fuse And Detonator Market 2024

Fuse And Detonator Market Size in Mexico

After three years of growth, the Mexican fuse and detonator market decreased by -2.2% to $X in 2021. In general, consumption, however, recorded a prominent expansion. Over the period under review, the market hit record highs at $X in 2020, and then contracted modestly in the following year.

Fuse And Detonator Production in Mexico

In value terms, fuse and detonator production fell to $X in 2021 estimated in export price. Overall, production, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 52% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.

Fuse And Detonator Exports

Exports from Mexico

In 2021, shipments abroad of safety fuses, detonating fuses and electric detonators decreased by -1.6% to X tons, falling for the second year in a row after three years of growth. In general, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2019 with an increase of 16%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, fuse and detonator exports expanded notably to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 23% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for fuse and detonator exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -3.4%.

In value terms, the United States ($X) also remains the key foreign market for safety fuses, detonating fuses and electric detonators exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +1.3%.

Export Prices by Country

The average fuse and detonator export price stood at $X per ton in 2021, increasing by 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.9%. 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 2021, the rate of growth in terms of prices for the United States amounted to +4.8% per year.

Fuse And Detonator Imports

Imports into Mexico

In 2021, the amount of safety fuses, detonating fuses and electric detonators imported into Mexico soared to X tons, jumping by 26% against 2020 figures. Over the period under review, imports, however, continue to indicate a noticeable curtailment. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, fuse and detonator imports rose markedly to $X in 2021. In general, imports, however, recorded a deep contraction. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest fuse and detonator supplier to Mexico, with a 89% share of total imports. Moreover, fuse and detonator imports from the United States exceeded the figures recorded by the second-largest supplier, Peru (X tons), more than tenfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-2.6% per year) and the Czech Republic (+6.4% per year).

In value terms, the United States ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Mexico, comprising 61% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 25% share of total imports. It was followed by Austria, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+3.5% per year) and Austria (+44.8% per year).

Import Prices by Country

The average fuse and detonator import price stood at $X per ton in 2021, shrinking by -10.5% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 7.7%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 the Czech Republic ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+42.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety fuses, detonating fuses and electric detonators in the world?

China remains the largest fuse and detonator consuming country worldwide, comprising approx. 23% of total volume. Moreover, fuse and detonator consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of safety fuses, detonating fuses and electric detonators in the world?

The country with the largest volume of fuse and detonator production was China, comprising approx. 24% of total volume. Moreover, fuse and detonator production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7% share.

What are the leading suppliers of safety fuses, detonating fuses and electric detonators to Mexico?

In value terms, the United States constituted the largest supplier of fuse and detonator to Mexico, comprising 52% of total imports. The second position in the ranking was occupied by the Czech Republic, with a 26% share of total imports.

What are the leading importers of safety fuses, detonating fuses and electric detonators from Mexico?

In value terms, the United States remains the key foreign market for fuse and detonator exports from Mexico.

What is the average export price for safety fuses, detonating fuses and electric detonators in Mexico?

In 2020, the average fuse and detonator export price amounted to $51,479 per ton, falling by -3.2% against the previous year.

What is the average import price for safety fuses, detonating fuses and electric detonators in Mexico?

The average fuse and detonator import price stood at $73,227 per ton in 2020, increasing by 91% against the previous year.

This report provides an in-depth analysis of the fuse and detonator 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 20511250 - Safety fuses, detonating fuses
Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023