Mexico: Copper Sanitary Ware Market 2025

Copper Sanitary Ware Market Size in Mexico

The Mexican copper sanitary ware market surged to $X in 2021, increasing by 20% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +49.1% against 2018 indices. Copper sanitary ware consumption peaked in 2021 and is likely to see gradual growth in the near future.

Copper Sanitary Ware Production in Mexico

In value terms, copper sanitary ware production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by 43%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Copper Sanitary Ware Exports

Exports from Mexico

In 2021, overseas shipments of sanitary ware and parts of copper were finally on the rise to reach X tons after seven years of decline. Overall, exports, however, faced a drastic downturn. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, copper sanitary ware exports shrank modestly to $X in 2021. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 51%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for copper sanitary ware exports from Mexico, with a 76% share of total exports. Moreover, copper sanitary ware exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), tenfold. Costa Rica (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+33.8% per year) and Costa Rica (+27.3% per year).

In value terms, the United States ($X) remains the key foreign market for sanitary ware and parts of copper exports from Mexico, comprising 76% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 7.4% share of total exports. It was followed by Guatemala, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+28.8% per year) and Guatemala (+39.2% per year).

Export Prices by Country

The average copper sanitary ware export price stood at $X per ton in 2021, falling by -39.8% against the previous year. Over the period under review, the export price, however, saw notable growth. The pace of growth was the most pronounced in 2016 an increase of 57%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Panama ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Mexico

In 2021, approx. X tons of sanitary ware and parts of copper were imported into Mexico; picking up by 69% against the previous year. In general, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, copper sanitary ware imports soared to $X in 2021. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main copper sanitary ware supplier to Mexico, accounting for a 97% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 0.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +16.9%.

In value terms, China ($X) constituted the largest supplier of sanitary ware and parts of copper to Mexico, comprising 92% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 0.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.3%.

Import Prices by Country

In 2021, the average copper sanitary ware import price amounted to $X per ton, declining by -28.6% against the previous year. Overall, the import price faced a deep reduction. The growth pace was the most rapid in 2013 an increase of 7.7% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-10.8%).

Source: IndexBox Platform

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