Mexico - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Motor Handtools Price in Mexico - 2023
Contents:
- Non-Electric Motor Handtools Price in Mexico (FOB) - 2023
- Non-Electric Motor Handtools Price in Mexico (CIF) - 2022
- Non-Electric Motor Handtools Exports in Mexico
- Non-Electric Motor Handtools Imports in Mexico
Non-Electric Motor Handtools Price in Mexico (FOB) - 2023
The average non-electric motor handtools export price stood at $111 per unit in June 2023, picking up by 15% against the previous month. In general, export price indicated a tangible increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, non-electric motor handtools export price increased by +25.1% against March 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 74% m-o-m. As a result, the export price attained the peak level of $150 per unit. From October 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Honduras ($156 per unit) and Guatemala ($118 per unit), while the average price for exports to the United States ($110 per unit) and Colombia ($111 per unit) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Electric Motor Handtools Price in Mexico (CIF) - 2022
In 2022, the average non-electric motor handtools import price amounted to $99 per unit, approximately mirroring the previous year. Overall, the import price saw a abrupt setback. The import price peaked at $198 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($632 per unit), while the price for China ($70 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Electric Motor Handtools Exports in Mexico
After three years of growth, overseas shipments of handtools, hydraulic or with a self-contained non-electric motor decreased by -50.6% to 586K units in 2022. Overall, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 179% against the previous year. As a result, the exports attained the peak of 1.2M units, and then fell notably in the following year.
In value terms, non-electric motor handtools exports declined significantly to $42M in 2022. In general, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 7.4%. The exports peaked at $90M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Non-Electric Motor Handtools in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 87.2 | 68.0 | 74.3 | 41.1 | -22.2% |
Others | 2.7 | 2.1 | 1.1 | 0.9 | -30.7% |
Total | 89.8 | 70.1 | 75.4 | 42.0 | -22.4% |
Top Export Markets for Non-Electric Motor Handtools from Mexico in 2022:
- United States (578.4K units)
Non-Electric Motor Handtools Imports in Mexico
For the fourth consecutive year, Mexico recorded growth in purchases abroad of handtools, hydraulic or with a self-contained non-electric motor, which increased by 17% to 634K units in 2022. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-electric motor handtools imports surged to $62M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Electric Motor Handtools in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 23.3 | 24.9 | 34.7 | 40.8 | 20.5% |
United States | 10.7 | 14.8 | 6.8 | 9.3 | -4.6% |
Germany | 5.5 | 4.5 | 4.3 | 6.7 | 6.8% |
Brazil | 3.3 | 4.1 | 1.6 | N/A | -30.4% |
Others | 8.7 | 7.4 | 6.6 | 5.7 | -13.1% |
Total | 51.4 | 55.7 | 54.0 | 62.5 | 6.7% |
Top Suppliers of Non-Electric Motor Handtools to Mexico in 2022:
- China (584.6K units)
- United States (23.6K units)
- Germany (10.5K units)
This report provides an in-depth analysis of the non-electric motor handtools 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 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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