Mexico - Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFork-Lift Truck Price in Mexico - 2023
Contents:
- Fork-Lift Truck Price in Mexico (CIF) - 2023
- Fork-Lift Truck Price in Mexico (FOB) - 2023
- Fork-Lift Truck Imports in Mexico
- Fork-Lift Truck Exports in Mexico
Fork-Lift Truck Price in Mexico (CIF) - 2023
The average fork-lift truck import price stood at $3,505 per unit in June 2023, with an increase of 140% against the previous month. In general, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in February 2023 an increase of 414% against the previous month. Over the period under review, average import prices reached the peak figure at $12,291 per unit in March 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($19,793 per unit), while the price for China amounted to $1,288 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.2%).
Fork-Lift Truck Price in Mexico (FOB) - 2023
The average fork-lift truck export price stood at $18,042 per unit in June 2023, waning by -5.6% against the previous month. Over the period under review, the export price, however, saw a tangible increase. The growth pace was the most rapid in November 2022 an increase of 289% month-to-month. As a result, the export price attained the peak level of $51,274 per unit. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +2.2% per month.
Fork-Lift Truck Imports in Mexico
In 2022, the amount of fork-lift trucks imported into Mexico soared to 76K units, jumping by 26% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% 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 +77.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, fork-lift truck imports surged to $502M in 2022. Over the period under review, imports, however, showed a perceptible decrease. Imports peaked at $548M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Fork-Lift Truck in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 378 | 273 | 280 | 316 | -5.8% |
China | 48.7 | 37.6 | 46.6 | 93.6 | 24.3% |
Japan | 32.6 | 14.0 | 20.6 | 26.9 | -6.2% |
Germany | 34.7 | 24.9 | 25.4 | 22.1 | -14.0% |
Others | 53.6 | 42.0 | 23.0 | 43.8 | -6.5% |
Total | 548 | 391 | 396 | 502 | -2.9% |
Top Suppliers of Fork-Lift Truck to Mexico in 2022:
- China (50.8K units)
- United States (20.1K units)
- Japan (1.5K units)
- Germany (1.1K units)
Fork-Lift Truck Exports in Mexico
Fork-lift truck exports from Mexico skyrocketed to 29K units in 2022, growing by 45% compared with the previous year. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 197% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, fork-lift truck exports surged to $362M in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 92%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Fork-Lift Truck in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 167 | 103 | 198 | 362 | 29.4% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 168 | 103 | 198 | 362 | 29.2% |
Top Export Markets for Fork-Lift Truck from Mexico in 2022:
- United States (28.5K units)
This report provides an in-depth analysis of the fork-lift truck 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 28221513 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height . 1 m
- Prodcom 28221515 - Self-propelled fork-lift trucks powered by an electric motor, w ith a lifting height < 1 m
- Prodcom 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor
- Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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
-
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
This report provides an in-depth analysis of the fork-lift truck market in Mexico.
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in Mexico.
This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in Mexico.
This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck in Mexico.
This report provides an in-depth analysis of the global fork-lift truck market.
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This report provides an in-depth analysis of the global non-self-propelled fork-lift truck market.
This report provides an in-depth analysis of the global market for self-propelled non-electric fork-lift truck.
This report provides an in-depth analysis of the fork-lift truck market in Mexico.
This report provides an in-depth analysis of the market for forklift truck and industrial works truck in Mexico.
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