Hand Saws Price in Mexico - 2023

Contents:

  1. Hand Saws Price in Mexico (CIF) - 2022
  2. Hand Saws Price in Mexico (FOB) - 2023
  3. Hand Saws Imports in Mexico
  4. Hand Saws Exports in Mexico

Hand Saws Price in Mexico (CIF) - 2022

In 2022, the average hand saws import price amounted to $120,749 per ton, surging by 8.5% against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($166,955 per ton), while the price for Canada ($40,705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Saws Price in Mexico (FOB) - 2023

In May 2023, the average hand saws export price amounted to $17,526 per ton, remaining relatively unchanged against the previous month. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level of $19,472 per ton. From June 2022 to May 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From May 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to -0.7% per month.

Hand Saws Imports in Mexico

Hand saws imports into Mexico contracted slightly to 890 tons in 2022, stabilizing at the year before. In general, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.

In value terms, hand saws imports rose notably to $107M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Hand Saws in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.424.731.935.54.2%
China16.017.926.328.521.2%
Germany11.38.711.214.17.7%
Switzerland6.17.610.57.57.1%
Italy3.63.14.44.79.3%
Brazil1.11.32.22.327.9%
Canada0.80.80.81.214.5%
Taiwan (Chinese)0.40.40.50.720.5%
Others11.810.412.012.93.0%
Total82.575.099.81079.1%

Top Suppliers of Hand Saws to Mexico in 2022:

  1. China (275.1 tons)
  2. United States (255.1 tons)
  3. Germany (147.0 tons)
  4. Switzerland (59.7 tons)
  5. Canada (28.7 tons)
  6. Italy (27.9 tons)
  7. Brazil (17.8 tons)
  8. Taiwan (Chinese) (16.4 tons)

Hand Saws Exports in Mexico

Hand saws exports from Mexico fell to 2K tons in 2022, with a decrease of -8.4% on the previous year's figure. Over the period under review, exports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of 5.7% against the previous year. As a result, the exports attained the peak of 2.2K tons, and then shrank in the following year.

In value terms, hand saws exports reduced slightly to $28M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports attained the peak of $30M, and then declined slightly in the following year.

Export of Hand Saws in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.319.922.521.96.2%
Guatemala0.60.71.11.226.0%
Honduras0.60.50.90.810.1%
El Salvador0.60.60.70.810.1%
Peru0.81.10.80.80.0%
Colombia1.80.70.50.7-27.0%
Costa Rica0.50.50.70.50.0%
Ecuador0.40.30.50.40.0%
Others3.62.31.91.3-28.8%
Total27.126.529.728.41.6%

Top Export Markets for Hand Saws from Mexico in 2022:

  1. United States (1695.2 tons)
  2. Peru (61.9 tons)
  3. Honduras (55.1 tons)
  4. Ecuador (36.4 tons)
  5. Guatemala (35.1 tons)
  6. El Salvador (35.0 tons)
  7. Costa Rica (33.2 tons)
  8. Colombia (32.1 tons)

Source: IndexBox Market Intelligence Platform

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