Mexico: Plastic Support Market 2025

Plastic Support Market Size in Mexico

The Mexican plastic support market stood at $X in 2022, growing by 7.2% against the previous year. Over the period under review, consumption, however, showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Plastic Support Production in Mexico

In value terms, plastic support production stood at $X in 2022 estimated in export price. In general, production recorded a mild contraction. The growth pace was the most rapid in 2013 when the production volume increased by 2.3% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Plastic Support Exports

Exports from Mexico

In 2022, overseas shipments of spools, cops and similar supports of plastics increased by 9.3% to X tons, rising for the fifth year in a row after three years of decline. Overall, exports showed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 96%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, plastic support exports expanded notably to $X in 2022. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for plastic support exports from Mexico, accounting for a 87% share of total exports. It was followed by Canada (X tons), with a 2.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+10.5% per year) and Guatemala (+7.4% per year).

In value terms, the United States ($X) remains the key foreign market for spools, cops and similar supports of plastics exports from Mexico, comprising 81% of total exports. The second position in the ranking was held by Canada ($X), with a 1.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+16.3% per year) and Guatemala (+7.0% per year).

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, which is down by -1.5% against the previous year. In general, the export price, however, recorded temperate growth. The growth pace was the most rapid in 2016 when the average export price increased by 53%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Support Imports

Imports into Mexico

In 2022, overseas purchases of spools, cops and similar supports of plastics increased by 16% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports recorded a measured increase. The pace of growth appeared the most rapid in 2019 with an increase of 136%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, plastic support imports surged to $X in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of plastic support to Mexico, accounting for a 78% share of total imports. Moreover, plastic support imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.3% per year) and Germany (+1.8% per year).

In value terms, the United States ($X) constituted the largest supplier of spools, cops and similar supports of plastics to Mexico, comprising 59% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.6% per year) and Germany (+6.1% per year).

Import Prices by Country

In 2022, the average plastic support import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, saw notable growth. The growth pace was the most rapid in 2015 when the average import price increased by 470%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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