Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico - 2024

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico (CIF) - 2024
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico (FOB) - 2024
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico (CIF) - 2024

The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $10.1 per unit in February 2024, declining by -5.6% against the previous month. In general, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 133% m-o-m. The import price peaked at $14.7 per unit in February 2023; however, from March 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 ($9.5 per unit), while the price for China totaled $3.8 per unit.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (-2.8%).

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico (FOB) - 2024

In February 2024, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $7.9 per unit, rising by 14% against the previous month. Overall, the export price, however, continues to indicate a perceptible decline. Over the period under review, the average export prices attained the maximum at $9.5 per unit in May 2023; however, from June 2023 to February 2024, the export prices failed to regain momentum.

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

From May 2023 to February 2024, the rate of growth in terms of prices for the United States amounted to -2.0% per month.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico

In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v imported into Mexico soared to 1.4M units, rising by 29% on the previous year. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v surged to $15M in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.67.77.68.2-1.6%
China1.92.31.84.432.3%
France1.10.40.61.10.0%
Spain0.70.70.60.84.6%
Germany1.51.40.40.5-30.7%
Others0.90.60.10.1-51.9%
Total14.713.211.115.00.7%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Mexico in 2022:

  1. China (661.1K units)
  2. United States (650.9K units)
  3. Germany (41.2K units)
  4. France (12.8K units)
  5. Spain (9.8K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico

In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v exported from Mexico was estimated at 1.5M units, with an increase of 7.8% against 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v soared to $11M in 2022. In general, exports, however, recorded a abrupt descent. Over the period under review, the exports of attained the peak figure at $17M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.216.09.310.8-8.7%
Others0.51.0N/AN/A100.0%
Total14.816.99.310.8-10.0%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Mexico in 2022:

  1. United States (1.5M units)

Source: IndexBox Market Intelligence Platform

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