Report Update Nov 1, 2024

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

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Mexico: Slate Market 2024

Slate Market Size in Mexico

In 2021, the Mexican slate market decreased by -24.7% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption recorded a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Slate Production in Mexico

In value terms, slate production totaled less than $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern.

Slate Exports

Exports from Mexico

In 2013, approx. X tons of slate were exported from Mexico; falling by -86.3% against 2012. Overall, exports showed a precipitous contraction. The exports peaked at X tons in 2012, and then dropped sharply in the following year.

In value terms, slate exports dropped dramatically to $X in 2013. In general, exports showed a dramatic decrease. The exports peaked at $X in 2012, and then contracted notably in the following year.

Exports by Country

China (X tons) was the main destination for slate exports from Mexico, accounting for a 94% share of total exports. Moreover, slate exports to China exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2013, the average annual growth rate of volume to China amounted to -85.7%.

In value terms, China ($X) remains the key foreign market for slate exports from Mexico, comprising 94% of total exports. The second position in the ranking was taken by the United States ($X), with a 5.5% share of total exports.

From 2012 to 2013, the average annual growth rate of value to China totaled -81.7%.

Export Prices by Country

In 2013, the average slate export price amounted to $X per ton, growing by 26% against the previous year. Over the last one-year period, it increased at an average annual rate of +26.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2013, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2013, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.5%).

Slate Imports

Imports into Mexico

In 2020, the amount of slate imported into Mexico soared to X tons, growing by 23% compared with 2019. Over the period under review, imports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 172% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, slate imports soared to $X in 2020. In general, imports, however, recorded a sharp shrinkage. The growth pace was the most rapid in 2019 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, India (X tons) constituted the largest supplier of slate to Mexico, accounting for a 78% share of total imports. Moreover, slate imports from India exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from India totaled -14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-7.7% per year) and the United States (+4.0% per year).

In value terms, the largest slate suppliers to Mexico were India ($X), the United States ($X) and Brazil ($X), with a combined 69% share of total imports.

The United States, with a CAGR of +30.7%, 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 a decline.

Import Prices by Country

In 2020, the average slate import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a noticeable contraction. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+25.7%), 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 slate in the world?

Sudan remains the largest slate consuming country worldwide, accounting for 81% of total volume. Moreover, slate consumption in Sudan exceeded the figures recorded by the second-largest consumer, Japan, more than tenfold.

What are the largest producers of slate in the world?

Sudan constituted the country with the largest volume of slate production, accounting for 81% of total volume. Moreover, slate production in Sudan exceeded the figures recorded by the second-largest producer, Japan, more than tenfold. China ranked third in terms of total production with a 3.9% share.

What are the leading suppliers of slate to Mexico?

In value terms, India constituted the largest supplier of slate to Mexico, comprising 53% of total imports. The second position in the ranking was occupied by Spain, with a 25% share of total imports. It was followed by the United States, with a 14% share.

What are the leading importers of slate from Mexico?

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

What is the average export price for slate in Mexico?

In 2021, the average slate export price amounted to $357 per ton, waning by -4.5% against the previous year.

What is the average import price for slate in Mexico?

In 2021, the average slate import price amounted to $402 per ton, with a decrease of -3.9% against the previous year.

This report provides an in-depth analysis of the slate 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 08114000 - Slate, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs

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