Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico - 2023

Contents:

  1. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico (CIF) - 2022
  2. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico (FOB) - 2022
  3. Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico
  4. Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico (CIF) - 2022

In 2022, the average import price for turbines; hydraulic water wheels and regulators therefor amounted to $111 thousand per unit, falling by -11.2% against the previous year. In general, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2015 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $184 thousand per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($141 thousand per unit), while the price for Brazil ($18 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+4,987.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico (FOB) - 2022

In 2020, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $77 thousand per unit, waning by -3.9% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 0.8%. Over the period under review, the average export prices hit record highs at $126 thousand per unit in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($114 thousand per unit), while the average price for exports to Guatemala totaled $34 thousand per unit.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico

In 2022, overseas purchases of turbines; hydraulic water wheels and regulators therefor decreased by -36.4% to 7 units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of 23 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of turbines; hydraulic water wheels and regulators therefor dropped dramatically to $775K in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 183% against the previous year. As a result, imports reached the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1597471,35770364.1%
China5501,17115.654.1-53.8%
Brazil230499N/A18.4-56.9%
Spain66.371.7N/AN/A8.1%
Germany78.3875N/AN/A1017.5%
Japan45.8N/AN/AN/A0%
Italy64.4N/AN/AN/A0%
OthersN/A13.4N/AN/A0%
Total1,1943,3771,372775-13.4%

Top Suppliers of Turbines; Hydraulic Water Wheels and Regulators Therefor to Mexico in 2022:

  1. United States (5.0 units)
  2. Brazil (1.0 units)
  3. China (1.0 units)

Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico

In 2020, the amount of turbines; hydraulic water wheels and regulators therefor exported from Mexico declined notably to 13 units, waning by -45.8% against the previous year. Overall, exports faced a sharp reduction. The exports peaked at 24 units in 2019, and then fell markedly in the following year.

In value terms, exports of turbines; hydraulic water wheels and regulators therefor reduced notably to $1M in 2020. In general, exports faced a precipitous contraction. Over the period under review, the exports of hit record highs at $1.9M in 2019, and then dropped notably in the following year.

Export of Turbines; Hydraulic Water Wheels and Regulators Therefor in Mexico (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United States1,928798-58.6%
GuatemalaN/A2060%
OthersN/AN/A0%
Total1,9281,004-47.9%

Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from Mexico in 2022:

  1. United States (7.0 units)
  2. Guatemala (6.0 units)

Source: IndexBox Market Intelligence Platform

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