Mexico - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 7, 2024

Mexico - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights

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Pliers and Pincers Price in Mexico - 2023

Contents:

  1. Pliers and Pincers Price in Mexico (CIF) - 2022
  2. Pliers and Pincers Price in Mexico (FOB) - 2023
  3. Pliers and Pincers Imports in Mexico
  4. Pliers and Pincers Exports in Mexico

Pliers and Pincers Price in Mexico (CIF) - 2022

The average pliers and pincers import price stood at $11,047 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 7.4%. As a result, import price reached the peak level of $20,568 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($12,721 per ton) and Taiwan (Chinese) ($12,570 per ton), while the price for Switzerland ($10,659 per ton) and Germany ($10,735 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.0%), while the prices for the other major suppliers experienced a decline.

Pliers and Pincers Price in Mexico (FOB) - 2023

In August 2023, the average pliers and pincers export price amounted to $49,601 per ton, therefore, remained relatively stable against the previous month. Overall, the export price recorded a buoyant expansion. The growth pace was the most rapid in January 2023 an increase of 85% m-o-m. The export price peaked at $49,601 per ton in February 2023; afterwards, it flattened through to August 2023.

Average prices varied noticeably for the major external markets. In August 2023, the highest price was recorded for prices to Guatemala ($49,601 per ton) and the United States ($49,601 per ton), while the average price for exports to China ($49,601 per ton) and the Dominican Republic ($49,601 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers and Pincers Imports in Mexico

In 2022, pliers and pincers imports into Mexico rose remarkably to 5.5K tons, picking up by 6.4% on the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, pliers and pincers imports stood at $61M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Pliers and Pincers in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.818.729.231.19.3%
United States12.69.412.813.62.6%
Taiwan (Chinese)3.42.54.04.38.1%
Germany2.31.72.32.41.4%
Switzerland1.81.61.92.03.6%
Pakistan1.12.91.41.920.0%
Italy0.90.81.11.210.1%
Spain1.10.81.01.10.0%
Japan1.00.81.01.00.0%
Others2.31.42.02.2-1.5%
Total50.040.756.760.86.7%

Top Suppliers of Pliers and Pincers to Mexico in 2022:

  1. China (2876.4 tons)
  2. United States (1264.3 tons)
  3. Taiwan (Chinese) (340.0 tons)
  4. Germany (227.2 tons)
  5. Switzerland (188.4 tons)
  6. Pakistan (150.0 tons)
  7. Italy (94.9 tons)
  8. Spain (90.1 tons)
  9. Japan (79.1 tons)

Pliers and Pincers Exports in Mexico

For the fourth consecutive year, Mexico recorded growth in overseas shipments of pliers, pincers and tweezers for nonmedical use, which increased by 121% to 677 tons in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pliers and pincers exports surged to $27M in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pliers and Pincers in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.14.57.615.636.8%
Peru0.80.90.71.626.0%
Chile0.40.50.61.348.1%
Colombia0.40.60.61.348.1%
Guatemala0.40.50.61.244.2%
Dominican Republic0.60.50.51.122.4%
Costa Rica0.40.40.50.931.0%
Honduras0.20.20.40.858.7%
Nicaragua0.20.20.30.751.8%
Ecuador0.30.40.30.732.6%
El Salvador0.20.20.20.535.7%
Others1.00.50.51.39.1%
Total10.99.312.827.035.3%

Top Export Markets for Pliers and Pincers from Mexico in 2022:

  1. United States (386.4 tons)
  2. Peru (44.2 tons)
  3. Colombia (32.7 tons)
  4. Chile (31.1 tons)
  5. Guatemala (30.6 tons)
  6. Dominican Republic (29.5 tons)
  7. Costa Rica (23.3 tons)
  8. Honduras (18.7 tons)
  9. Ecuador (18.3 tons)
  10. Nicaragua (17.3 tons)
  11. El Salvador (12.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pliers and pincers 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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