Mexico: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Mexico

The Mexican threaded metal articles market skyrocketed to $X in 2021, picking up by 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Threaded Metal Articles Exports

Exports from Mexico

In 2021, after three years of growth, there was significant decline in overseas shipments of threaded articles of iron or steel, when their volume decreased by -12% to X tons. Overall, total exports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +18.7% against 2017 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 40% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, threaded metal articles exports reached $X in 2021. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 15% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for threaded metal articles exports from Mexico, accounting for a 79% share of total exports. Moreover, threaded metal articles exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold. The third position in this ranking was taken by El Salvador (X tons), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+36.7% per year) and El Salvador (+8.1% per year).

In value terms, the United States ($X) remains the key foreign market for threaded articles of iron or steel exports from Mexico, comprising 83% of total exports. The second position in the ranking was held by China ($X), with an 8.6% share of total exports. It was followed by Canada, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+70.5% per year) and Canada (+28.7% per year).

Export Prices by Country

In 2021, the average threaded metal articles export price amounted to $X per ton, increasing by 16% against the previous year. Overall, the export price, however, saw a mild contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 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, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to El Salvador ($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 Guatemala (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports into Mexico

Threaded metal articles imports into Mexico surged to X tons in 2021, rising by 44% on the previous year's figure. In general, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, threaded metal articles imports soared to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest threaded metal articles supplier to Mexico, with a 50% share of total imports. Moreover, threaded metal articles imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.8% per year) and Taiwan (Chinese) (+18.1% per year).

In value terms, the United States ($X), China ($X) and Taiwan (Chinese) ($X) constituted the largest threaded metal articles suppliers to Mexico, with a combined 75% share of total imports.

China, with a CAGR of +13.7%, saw the highest growth rate of the value of imports, among 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 threaded metal articles import price amounted to $X per ton, which is down by -5.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2013 a decrease of -1.1%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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