Amplifiers; Audio-Frequency Electric Price in Mexico - 2023

Contents:

  1. Amplifiers; Audio-Frequency Electric Price in Mexico (FOB) - 2023
  2. Amplifiers; Audio-Frequency Electric Price in Mexico (CIF) - 2022
  3. Amplifiers; Audio-Frequency Electric Exports in Mexico
  4. Amplifiers; Audio-Frequency Electric Imports in Mexico

Amplifiers; Audio-Frequency Electric Price in Mexico (FOB) - 2023

In August 2023, the average amplifiers; audio-frequency electric export price amounted to $91.6 per unit, dropping by -18.5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 45% m-o-m. As a result, the export price attained the peak level of $126 per unit. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In August 2023, the country with the highest price was the United States ($93.6 per unit), while the average price for exports to China amounted to $70.8 per unit.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Amplifiers; Audio-Frequency Electric Price in Mexico (CIF) - 2022

In 2022, the average amplifiers; audio-frequency electric import price amounted to $78 per unit, increasing by 35% against the previous year. Over the period under review, the import price showed a tangible expansion. The pace of growth appeared the most rapid in 2015 an increase of 237%. The import price peaked at $508 per unit in 2017; however, from 2018 to 2022, 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 Malaysia ($160 per unit), while the price for China ($50 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Amplifiers; Audio-Frequency Electric Exports in Mexico

In 2022, exports of amplifiers; audio-frequency electrics from Mexico skyrocketed to 5.4M units, picking up by 18% compared with the previous year. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 168%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, amplifiers; audio-frequency electric exports skyrocketed to $453M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $464M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Amplifiers; Audio-Frequency Electric in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3893393494011.0%
China1.48.317.041.0208.2%
Germany41.829.82.89.7-38.5%
Others31.54.82.41.2-66.4%
Total464382372453-0.8%

Top Export Markets for Amplifiers; Audio-Frequency Electric from Mexico in 2022:

  1. United States (4.7M units)
  2. China (0.6M units)
  3. Germany (0.1M units)

Amplifiers; Audio-Frequency Electric Imports in Mexico

After three years of growth, overseas purchases of amplifiers; audio-frequency electrics decreased by -9% to 1.7M units in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 191%. As a result, imports attained the peak of 1.9M units, and then declined in the following year.

In value terms, amplifiers; audio-frequency electric imports skyrocketed to $133M in 2022. In general, imports recorded a abrupt decrease. Over the period under review, imports reached the peak figure at $159M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Amplifiers; Audio-Frequency Electric in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States91.372.966.483.1-3.1%
China38.824.634.445.65.5%
Others29.314.57.84.5-46.4%
Total159112109133-5.8%

Top Suppliers of Amplifiers; Audio-Frequency Electric to Mexico in 2022:

  1. China (920.1K units)
  2. United States (746.4K units)

Source: IndexBox Market Intelligence Platform

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