Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico - 2024

Contents:

  1. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico (FOB) - 2024
  2. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico (CIF) - 2024
  3. Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico
  4. Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico (FOB) - 2024

The average export price for saws for working in the hand, with self-contained electric motor stood at $53.1 per unit in December 2023, which is down by -8.6% against the previous month. Over the period under review, the export price recorded a mild downturn. The growth pace was the most rapid in May 2023 when the average export price increased by 17% against the previous month. The export price peaked at $65.9 per unit in September 2023; however, from October 2023 to December 2023, the export prices stood at a somewhat lower figure.

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

From February 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to -1.0% per month.

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico (CIF) - 2024

In December 2023, the average import price for saws for working in the hand, with self-contained electric motor amounted to $33.7 per unit, shrinking by -17% against the previous month. In general, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in October 2023 an increase of 399% m-o-m. Over the period under review, average import prices reached the maximum at $54.6 per unit in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($70.1 per unit), while the price for China ($31.6 per unit) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico

In 2022, after three years of growth, there was significant decline in overseas shipments of saws for working in the hand, with self-contained electric motor, when their volume decreased by -13.7% to 4.2M units. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 119%. As a result, the exports reached the peak of 4.8M units, and then shrank in the following year.

In value terms, exports of saws for working in the hand, with self-contained electric motor dropped to $229M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports reached the peak of $262M, and then reduced in the following year.

Export of Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14918726122815.2%
Canada7.511.0N/AN/A46.7%
Others1.32.10.60.4-32.5%
Total15820026222913.2%

Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from Mexico in 2022:

  1. United States (4.2M units)

Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico

In 2022, purchases abroad of saws for working in the hand, with self-contained electric motor decreased by -87.4% to 119K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 111%. Over the period under review, imports of saws for working in hand, with self-contained electric motor hit record highs at 947K units in 2021, and then reduced remarkably in the following year.

In value terms, imports of saws for working in the hand, with self-contained electric motor fell dramatically to $7.6M in 2022. Overall, imports recorded a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 53% against the previous year. Over the period under review, imports of saws for working in hand, with self-contained electric motor attained the maximum at $39M in 2021, and then reduced rapidly in the following year.

Import of Saws for Working in the Hand, with Self-Contained Electric Motor in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.728.731.66.6-26.6%
United States5.66.26.40.7-50.0%
Others1.00.91.40.2-41.5%
Total23.335.739.37.6-31.2%

Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to Mexico in 2022:

  1. China (115.7K units)
  2. United States (2.6K units)

Source: IndexBox Market Intelligence Platform

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