Report Update Nov 1, 2024

Mexico - Sandstone - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Sandstone Market 2024

Sandstone Market Size in Mexico

The Mexican sandstone market expanded to $X in 2022, growing by 4.1% against the previous year. In general, consumption, however, showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Sandstone Production in Mexico

In value terms, sandstone production rose sharply to $X in 2022 estimated in export price. Overall, production, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 24%. Sandstone production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Sandstone Exports

Exports from Mexico

In 2021, shipments abroad of sandstone decreased by -10.5% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 1,855% against the previous year. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, sandstone exports shrank notably to $X in 2021. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 2,939%. Over the period under review, the exports reached the maximum at $X in 2020, and then fell dramatically in the following year.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +44.8%.

In value terms, the United States ($X) also remains the key foreign market for sandstone exports from Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +63.2%.

Export Prices by Country

The average sandstone export price stood at $X per ton in 2021, falling by -15.7% against the previous year. In general, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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 +12.7% per year.

Sandstone Imports

Imports into Mexico

In 2021, approx. X tons of sandstone were imported into Mexico; reducing by -30.6% against the year before. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 158% against the previous year. As a result, imports attained the peak of X tons, and then declined notably in the following year.

In value terms, sandstone imports declined sharply to $X in 2021. Over the period under review, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 165%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2021, Brazil (X tons) constituted the largest sandstone supplier to Mexico, accounting for a 58% share of total imports. Moreover, sandstone imports from Brazil exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil amounted to +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.4% per year) and the United States (+130.0% per year).

In value terms, Brazil ($X), Spain ($X) and China ($X) constituted the largest sandstone suppliers to Mexico, together comprising 97% of total imports.

Brazil, with a CAGR of +17.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sandstone import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 12%. As a result, import price attained the peak level of $X per ton. From 2015 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 China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sandstone in the world?

The country with the largest volume of sandstone consumption was China, accounting for 20% of total volume. Moreover, sandstone consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the UK, with a 7.8% share.

What are the largest producers of sandstone in the world?

The countries with the highest volumes of in 2021 were China, India and Poland, with a combined 37% share of global production. The UK, the United States, Turkey, Indonesia, Russia, Brazil, Nigeria, Mexico, Vietnam and Pakistan lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of sandstone to Mexico?

In value terms, the largest sandstone suppliers to Mexico were India, Brazil and Spain, with a combined 91% share of total imports.

What are the leading importers of sandstone from Mexico?

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

What is the average export price for sandstone in Mexico?

The average sandstone export price stood at $159 per ton in 2021, reducing by -15.7% against the previous year.

What is the average import price for sandstone in Mexico?

In 2021, the average sandstone import price amounted to $309 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the sandstone 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 08111250 - Sandstone

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