Mexico - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico - 2023
Contents:
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico (CIF) - 2023
- Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico (FOB) - 2022
- Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico
- Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico (CIF) - 2023
In December 2023, the average import price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA amounted to $911 per thousand units, declining by -8.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 15% month-to-month. As a result, import price attained the peak level of $1.0 per unit. From October 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($4.7 per unit), while the price for Japan ($124 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico (FOB) - 2022
In 2022, the average export price for electrical transformers with liquid dielectric, of power handling capacity under 1 kVA amounted to $7.1 per unit, surging by 13% against the previous year. In general, the export price continues to indicate mild growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.6% per year.
Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico
For the fourth year in a row, Mexico recorded growth in purchases abroad of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA, which increased by 13% to 466M units in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,933% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA skyrocketed to $396M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value 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 +59.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 184 | 161 | 221 | 270 | 13.6% |
United States | 49.1 | 45.2 | 51.9 | 58.8 | 6.2% |
Vietnam | 6.0 | 8.7 | 8.4 | 22.0 | 54.2% |
Philippines | 2.5 | 2.6 | 4.2 | 4.3 | 19.8% |
Others | 32.6 | 30.8 | 32.5 | 40.9 | 7.9% |
Total | 275 | 248 | 318 | 396 | 12.9% |
Top Suppliers of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA to Mexico in 2022:
- China (383.9M units)
- Vietnam (30.7M units)
- United States (18.6M units)
- Philippines (8.7M units)
Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico
In 2022, approx. 22M units of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA were exported from Mexico; surging by 10% against 2021. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under 1 kVA soared to $155M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 111 | 98.5 | 121 | 151 | 10.8% |
Canada | 1.5 | 1.3 | 1.2 | 1.1 | -9.8% |
Others | 5.0 | 4.2 | 2.2 | 2.6 | -19.6% |
Total | 118 | 104 | 124 | 155 | 9.5% |
Top Export Markets for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity Under 1 kVA from Mexico in 2022:
- United States (21.5M units)
- Canada (0.3M units)
This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity under 1 kva 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 27114220 - Measuring transformers having a power handling capacity . 1 kVA (including for voltage measurement)
- Prodcom 27114240 - Other transformers, n.e.c., having a power handling capacity. 1 kVA
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
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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
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