Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico - 2024

Contents:

  1. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico (FOB) - 2022
  2. Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico (CIF) - 2022
  3. Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico
  4. Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico (FOB) - 2022

In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $2.4 million per unit, waning by -3.9% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for turbo-jets, turbo-propellers and other gas turbineses decreased by -30.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 74% against the previous year. Over the period under review, the average export prices attained the maximum at $3.4 million per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.9 million per unit), while the average price for exports to Poland ($219 thousand 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 the United States (+7.3%), while the prices for the other major destinations experienced a decline.

Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico (CIF) - 2022

The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $32 million per unit in 2022, picking up by 31% against the previous year. In general, the import price saw a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4,687%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($59 million per unit), while the price for India ($202 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico

In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses exported from Mexico surged to 1.2K units, increasing by 18% against the previous year. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, 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.

In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses expanded sharply to $2.8B in 2022. In general, exports, however, saw a abrupt decline. The exports peaked at $3.9B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,1442,0532,0092,505-7.3%
United Kingdom69.454.867.373.21.8%
France16920418161.7-28.5%
Poland36.625.334.846.07.9%
Others479228204146-32.7%
Total3,8982,5642,4952,832-10.1%

Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Mexico in 2022:

  1. United States (878.0 units)
  2. Poland (210.0 units)
  3. France (63.0 units)
  4. United Kingdom (26.0 units)

Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico

For the third consecutive year, Mexico recorded decline in overseas purchases of turbo-jets, turbo-propellers and other gas turbineses, which decreased by -9.4% to 77 units in 2022. In general, imports faced a precipitous decline. Imports peaked at 5.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses skyrocketed to $2.4B in 2022. Overall, imports continue to indicate a drastic downturn. Imports peaked at $3.2B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,3721,7061,8062,069-4.5%
Japan1211531031527.9%
France36614934.724.4-59.5%
India29.84.11.44.2-48.0%
Others345147108183-19.1%
Total3,2342,1592,0532,432-9.1%

Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Mexico in 2022:

  1. United States (35.0 units)
  2. India (21.0 units)
  3. Japan (3.0 units)
  4. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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