Price for Automatic Circuit Breakers for Under 1000 V in Mexico - 2024
Contents:
- Price for Automatic Circuit Breakers for Under 1000 V in Mexico (FOB) - 2024
- Price for Automatic Circuit Breakers for Under 1000 V in Mexico (CIF) - 2024
- Exports of Automatic Circuit Breakers for Under 1000 V in Mexico
- Imports of Automatic Circuit Breakers for Under 1000 V in Mexico
Price for Automatic Circuit Breakers for Under 1000 V in Mexico (FOB) - 2024
In February 2024, the average export price for automatic circuit breakers for under 1000 v amounted to $33.2 per unit, therefore, remained relatively stable against the previous month. Over the period from March 2023 to February 2024, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in December 2023 when the average export price increased by 9.4% against the previous month. As a result, the export price reached the peak level of $33.8 per unit. From January 2024 to February 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($48.6 per unit), while the average price for exports to the United States totaled $11.8 per unit.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.2%).
Price for Automatic Circuit Breakers for Under 1000 V in Mexico (CIF) - 2024
In February 2024, the average import price for automatic circuit breakers for under 1000 v amounted to $33.1 per unit, with a decrease of -5.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 48% m-o-m. The import price peaked at $41.0 per unit in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($12.9 per unit), while the price for Germany ($4.5 per unit) was amongst the lowest.
From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Automatic Circuit Breakers for Under 1000 V in Mexico
Exports of automatic circuit breakers for under 1000 v from Mexico was estimated at 82M units in 2022, with an increase of 5.6% compared with 2021. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 117% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of automatic circuit breakers for under 1000 v expanded notably to $701M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Automatic Circuit Breakers for Under 1000 V in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 508 | 482 | 598 | 661 | 9.2% |
Germany | 4.4 | 1.8 | 4.4 | 25.7 | 80.1% |
Others | 15.5 | 15.3 | 15.3 | 14.1 | -3.1% |
Total | 528 | 500 | 618 | 701 | 9.9% |
Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Mexico in 2022:
- United States (79.0M units)
- Germany (1.7M units)
Imports of Automatic Circuit Breakers for Under 1000 V in Mexico
Imports of automatic circuit breakers for under 1000 v into Mexico reduced slightly to 24M units in 2022, shrinking by -4.4% compared with the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +66.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports attained the peak of 25M units, and then declined slightly in the following year.
In value terms, imports of automatic circuit breakers for under 1000 v skyrocketed to $297M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +57.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Automatic Circuit Breakers for Under 1000 V in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 126 | 125 | 137 | 138 | 3.1% |
Italy | 11.7 | 11.8 | 38.3 | 66.8 | 78.7% |
China | 13.8 | 15.8 | 28.4 | 34.6 | 35.9% |
Dominican Republic | 7.1 | 8.5 | 11.9 | 23.2 | 48.4% |
Germany | 6.2 | 5.6 | 9.0 | 10.4 | 18.8% |
Czech Republic | 5.0 | 3.5 | 4.1 | 4.2 | -5.6% |
Others | 30.5 | 17.7 | 16.7 | 19.5 | -13.9% |
Total | 200 | 188 | 246 | 297 | 14.1% |
Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Mexico in 2022:
- United States (12.2M units)
- Italy (3.6M units)
- China (3.6M units)
- Dominican Republic (2.7M units)
- Germany (0.5M units)
- Czech Republic (0.2M units)
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