Updated Nov 11, 2022 01:26

Mixtures Of Slag Market in Mexico

Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
The Mexican mixtures of slag market surged to $ in , growing by % 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, consumption, however, saw a perceptible setback. Over the period under review, the market reached the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain momentum.

In value terms, mixtures of slag production surged to $ in estimated in export price. Overall, production, however, showed a noticeable descent. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. Mixtures of slag production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.


Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
Mixtures of slag consumption in Mexico declined slightly to tons in , dropping by -% compared with the year before. Over the period under review, consumption saw a pronounced descent. Mixtures of slag consumption peaked at tons in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

The revenue of the mixtures of slag market in Mexico contracted to $ in , dropping by -% 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). In general, consumption continues to indicate a pronounced contraction. Mixtures of slag consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.


Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Depressed by shrinking demand for mixtures of slag in Mexico, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Please note: Annual data for 2022 are preliminary and subject to revision
Over the period under review, imports of mixtures of slag in Mexico were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for mixtures of slag. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (less than percentage point) over the period under review.


Trade Balance
Please note: Annual data for 2022 are preliminary and subject to revision
Mexico remains a net exporter of mixtures of slag; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $.