Mexico - Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMexican Domestic Appliance Prices Plummet 35%, Avg. $45.6/Unit
Mexico Domestic Appliances Export Price in December 2022
In December 2022, the domestic appliances price stood at $45.6 per unit (FOB, Mexico), shrinking by -34.6% against the previous month. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in March 2022 an increase of 77% month-to-month. Over the period under review, the average export prices attained the maximum at $92.4 per unit in December 2021; however, from January 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was the United States ($43.9 per unit), while the average price for exports to Guatemala totaled $18.4 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-3.1%).
Mexico Domestic Appliances Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was combined refrigerators-freezers ($656 per unit), while the average price for exports of electric shavers, hair-removing appliances and hair clippers ($3.5 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for the following types: hair curler (+25.6%), while the prices for the other products experienced more modest paces of growth.
Mexico Domestic Appliances Exports
Domestic appliances exports from Mexico skyrocketed to 17M units in December 2022, jumping by 62% on the previous month. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in February 2022 when exports increased by 169% against the previous month. The exports peaked in December 2022.
In value terms, domestic appliances exports rose significantly to $760M (IndexBox estimates) in December 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in February 2022 with an increase of 54% against the previous month. Over the period under review, the exports hit record highs at 843M units in June 2022; however, from July 2022 to December 2022, the exports remained at a lower figure.
Mexico Domestic Appliances Exports by Type
Non-electric air heaters or hot air distributors (6.4M units), domestic, non-electric, cooking or heating appliances (6.2M units) and vacuum cleaners with motor (1.7M units) were the main products of domestic appliances exports from Mexico, together comprising 86% of total exports. Combined refrigerators-freezers, electric water heaters and immersion heaters, domestic food grinders and mixers and fruit or vegetable juice extractors, table, floor, wall, window, ceiling or roof fans, non-electric instantaneous or storage water heaters, electric shavers, hair-removing appliances and hair clippers, electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, ventilating or eecycling hoods incorporating a fan, electric space heating apparatus and soil heating apparatus, hair curlers and curling tongs, domestic electric coffee or tea makers, household refrigerators and freezers (not combined), electric hair dryers, iron or steel solid fuel domestic appliances, iron or steel gas domestic appliances, domestic microwave ovens and electric smoothing irons lagged somewhat behind, together accounting for a further 14%.
From December 2021 to December 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by hair curler (with a CAGR of +102.7%), while the other products experienced more modest paces of growth.
In value terms, combined refrigerators-freezers ($381M) remains the largest type of domestic appliances exported from Mexico, comprising 50% of total exports. The second position in the ranking was taken by non-electric instantaneous or storage water heaters ($61M), with an 8.1% share of total exports. It was followed by electric water heaters and immersion heaters, with a 6.8% share.
From December 2021 to December 2022, the average monthly rate of growth in terms of the export volume of combined refrigerators-freezers stood at -1.6%. With regard to the other exported products, the following average monthly rates of growth were recorded: non-electric instantaneous or storage water heaters (-1.2% per month) and electric water heaters and immersion heaters (+1.2% per month).
Mexico Domestic Appliances Exports by Country
the United States (16M units) was the main destination for domestic appliances exports from Mexico, accounting for a 96% share of total exports. It was followed by Guatemala (223K units), with a 1.3% share of total exports.
From December 2021 to December 2022, the average monthly growth rate of volume to the United States amounted to +5.3%.
In value terms, the United States ($701M) remains the key foreign market for domestic appliances exports from Mexico, comprising 92% of total exports. The second position in the ranking was held by Guatemala ($4.1M), with a 0.5% share of total exports.
From December 2021 to December 2022, the average monthly growth rate of value to the United States was relatively modest.
This report provides an in-depth analysis of the domestic appliances market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27511400 - Electric blankets
- Prodcom 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
- Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
- Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric
- Prodcom 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )
- Prodcom 27521250 - Iron or steel liquid fuel domestic appliances, including heaters, grates, fires and braziers (excluding cooking appliances and plate warmers)
- Prodcom 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
- Prodcom 27521300 - Air heaters or hot air distributors n.e.c., of iron or steel, nonelectric
- Prodcom 27511530 - Table, floor, wall, window, ceiling or roof fans, with a selfcontained electric motor of an output . .125 W
- Prodcom 27511580 - Ventilating or recycling hoods incorporating a fan, with a maximum horizontal side . .120 cm
- Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
- Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
- Prodcom 27521400 - Non-electric instantaneous or storage water heaters
- Prodcom 27511200 - Household dishwashing machines
- Prodcom 27511300 - Cloth washing and drying machines, of the household type
- Prodcom 27512123 - Vacuum cleaners with a self-contained electric motor of a power . 1 .500 W and having a dust bag or other receptable capacity . .20 l
- Prodcom 27512125 - Other vacuum cleaners with a self-contained electric motor
- Prodcom 27512410 - Vacuum cleaners, including dry cleaners and wet vacuum cleaners (excluding with self-contained electric motor)
- Prodcom 27512170 - Domestic food grinders, mixers and fruit or vegetable juice extractors, with a self-contained electric motor
- Prodcom 27512200 - Shavers, hair-removing appliances and hair clippers, with selfcontained electric motor
- Prodcom 27512530 - Electric instantaneous water heaters
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
- Prodcom 27512630 - Electric storage heating radiators
- Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
- Prodcom 27512690 - Other electric space heaters
- Prodcom 27512310 - Electric hair dryers
- Prodcom 27512330 - Electric hairdressing apparatus (including hair curlers, curling tongs) (excluding hair drying hoods, hair dryers)
- Prodcom 27512350 - Electric hand-drying apparatus
- Prodcom 27512370 - Electric smoothing irons
- Prodcom 27512700 - Domestic microwave ovens
- Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)
- Prodcom 27512430 - Domestic electric coffee or tea makers (including percolators)
- Prodcom 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
- Prodcom 27512900 - Electric heating resistors (excluding of carbon)
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
