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Mexico - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 23, 2023

Industrial Robot Price in Mexico Grows Slightly to $33,584 per Unit

Mexico Industrial Robot Import Price in January 2023

In January 2023, the industrial robot price amounted to $33,584 per unit (CIF, Mexico), remaining relatively unchanged against the previous month. Overall, import price indicated moderate growth from February 2022 to January 2023: its price increased at an average monthly rate of +2.1% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, industrial robot import price increased by +67.7% against October 2022 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 41% against the previous month. Over the period under review, average import prices reached the maximum at $40,634 per unit in April 2022; however, from May 2022 to January 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was Austria ($86,118 per unit), while the price for China ($19,320 per unit) was amongst the lowest.

From February 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRY	Import Price of Industrial Robot in Mexico (USD per unit)
COUNTRY	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023
Austria	36,981	50,447	43,127	41,348	30,202	< 0.1	48,645	66,519	< 0.1	47,137	< 0.1	86,118
United States	34,652	37,431	88,315	22,177	23,479	82,131	29,967	42,692	30,967	42,976	69,793	56,415
Sweden	30,695	23,076	16,631	37,456	23,138	< 0.1	< 0.1	19,188	< 0.1	< 0.1	40,204	42,204
Denmark	25,450	23,890	25,032	26,459	28,833	25,404	27,498	28,656	52,771	39,115	22,830	31,632
Germany	26,997	234,741	90,833	118,553	77,356	26,861	17,802	26,854	20,776	53,621	21,371	30,669
Japan	24,583	25,810	32,285	24,786	22,087	17,494	30,380	24,274	28,380	28,914	30,173	29,552
China	21,964	14,338	15,644	8,980	16,447	26,848	26,444	23,796	9,073	7,677	30,787	19,320
Average	26,710	33,738	40,634	26,522	25,694	26,111	29,199	27,604	20,031	23,620	33,403	33,584

Mexico Industrial Robot Imports

In January 2023, after three months of growth, there was significant decline in purchases abroad of industrial robots for multiple uses, when their volume decreased by -22.5% to 652 units. In general, total imports indicated a remarkable increase from February 2022 to January 2023: its volume increased at an average monthly rate of +5.7% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, imports decreased by -22.5% against December 2022 indices. The pace of growth appeared the most rapid in March 2022 when imports increased by 60% against the previous month. Over the period under review, imports hit record highs at 841 units in December 2022, and then shrank significantly in the following month.

In value terms, industrial robot imports contracted rapidly to $22M (IndexBox estimates) in January 2023. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in March 2022 with an increase of 102% against the previous month. Imports peaked at 28M units in December 2022, and then fell rapidly in the following month.

Mexico Industrial Robot Imports by Country

In January 2023, Japan (309 units) constituted the largest industrial robot supplier to Mexico, accounting for a 47% share of total imports. Moreover, industrial robot imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (82 units), fourfold. The third position in this ranking was taken by China (79 units), with a 12% share.

From February 2022 to January 2023, the average monthly growth rate of volume from Japan totaled +8.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (+1.2% per month) and China (+8.3% per month).

In value terms, the largest industrial robot suppliers to Mexico were Japan ($9.1M), the United States ($4.6M) and Germany ($2.3M), with a combined 73% share of total imports.

Germany, with a CAGR of +14.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial robot 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 28993935 - Industrial robots for multiple uses (excluding robots designed to perform a specific function (e.g. lifting, handling, loading or unloading))

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Mexico - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights

Industrial Robot Price in Mexico Grows Slightly to $33,584 per Unit

Mexico Industrial Robot Import Price in January 2023

Mexico Industrial Robot Imports

Mexico Industrial Robot Imports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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