Price for Reciprocating or Rotary Internal Combustion Piston Engines in Mexico - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Mexico (FOB) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Mexico (CIF) - 2022
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Mexico
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Mexico
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Mexico (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $4,021 per unit, surging by 12% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($9,962 per unit), while the average price for exports to Brazil ($2,359 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Mexico (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $29,303 per unit in 2022, surging by 320% against the previous year. Overall, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 953%. As a result, import price reached the peak level of $31,502 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($47,879 per unit), while the price for Italy ($285 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Mexico
In 2022, shipments abroad of reciprocating or rotary internal combustion piston engineses increased by 11% to 917K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt shrinkage. The exports peaked at 1.5M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses surged to $3.7B in 2022. In general, exports, however, saw a noticeable decline. Over the period under review, the exports of hit record highs at $4.2B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Mexico (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.1 | 2.1 | 2.1 | 2.4 | 4.6% |
| Canada | 1.9 | 0.8 | 0.8 | 1.3 | -11.9% |
| Brazil | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 4.2 | 3.1 | 3.0 | 3.7 | -4.1% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Mexico in 2022:
- United States (760.1K units)
- Canada (125.9K units)
- Brazil (26.5K units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Mexico
Imports of reciprocating or rotary internal combustion piston engineses into Mexico fell rapidly to 322K units in 2022, declining by -21.2% compared with 2021. Over the period under review, imports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 3.3%. Imports peaked at 667K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of reciprocating or rotary internal combustion piston engineses rose sharply to $3.2B in 2022. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports of attained the maximum at $3.3B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,623 | 1,436 | 1,822 | 2,257 | 11.6% |
| Germany | 465 | 364 | 367 | 249 | -18.8% |
| Japan | 157 | 156 | 259 | 206 | 9.5% |
| China | 114 | 108 | 122 | 160 | 12.0% |
| India | 8.4 | 13.7 | 34.8 | 46.0 | 76.3% |
| Brazil | 331 | 230 | 137 | 21.7 | -59.7% |
| Italy | 42.7 | 4.0 | 0.4 | 0.4 | -78.9% |
| Others | 518 | 455 | 141 | 276 | -18.9% |
| Total | 3,258 | 2,767 | 2,883 | 3,216 | -0.4% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Mexico in 2022:
- United States (173.8K units)
- China (80.9K units)
- Japan (23.7K units)
- Germany (21.7K units)
- India (5.6K units)
- Brazil (1.3K units)
- Italy (1.3K units)
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