Mexico - Built-In Jacking Systems Of A Type Used In Garages For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBuilt-in Jacking System Price in Mexico - 2023
Contents:
- Built-in Jacking System Price in Mexico (CIF) - 2023
- Built-in Jacking System Price in Mexico (FOB) - 2022
- Built-in Jacking System Imports in Mexico
- Built-in Jacking System Exports in Mexico
Built-in Jacking System Price in Mexico (CIF) - 2023
In June 2023, the average built-in jacking system import price amounted to $319 per unit, which is down by -68.6% against the previous month. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in March 2023 an increase of 81% against the previous month. The import price peaked at $2,522 per unit in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($5,144 per unit), while the price for China amounted to $258 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.0%).
Built-in Jacking System Price in Mexico (FOB) - 2022
The average built-in jacking system export price stood at $2,241 per unit in 2022, stabilizing at the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,495 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($9,110 per unit), while the average price for exports to Chile ($24 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 (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.
Built-in Jacking System Imports in Mexico
In 2022, built-in jacking system imports into Mexico totaled 3.7K units, growing by 5% compared with the year before. Overall, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 128% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, built-in jacking system imports rose to $5.9M in 2022. In general, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Built-in Jacking System in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 2.4 | 4.7 | 5.5 | 7.7% |
| United States | 0.8 | 0.5 | 0.5 | 0.4 | -20.6% |
| Others | 0.3 | 0.4 | 0.6 | N/A | 41.4% |
| Total | 5.5 | 3.3 | 5.8 | 5.9 | 2.4% |
Top Suppliers of Built-in Jacking System to Mexico in 2022:
- China (3.4K units)
- United States (0.3K units)
Built-in Jacking System Exports in Mexico
In 2022, approx. 60 units of built-in jacking systems of a type used in garages for raising vehicles were exported from Mexico; remaining stable against 2021. In general, exports continue to indicate a sharp slump. The smallest decline of -37.2% was in 2020. Over the period under review, the exports attained the maximum at 180 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, built-in jacking system exports totaled $134K in 2022. Overall, exports saw a precipitous decline. The smallest decline of -57.3% was in 2020. Over the period under review, the exports hit record highs at $629K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Built-in Jacking System in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 579 | 196 | N/A | 115 | -41.7% |
| Costa Rica | 0.2 | 26.2 | N/A | 9.1 | 257.0% |
| Dominican Republic | 16.2 | 15.3 | N/A | 4.0 | -37.3% |
| El Salvador | 0.9 | 8.4 | N/A | 2.8 | 46.0% |
| Uruguay | 3.9 | 3.6 | N/A | 0.9 | -38.7% |
| Colombia | 1.0 | 0.3 | N/A | 0.5 | -20.6% |
| Canada | 0.8 | 0.5 | N/A | 0.1 | -50.0% |
| Argentina | 0.8 | 0.5 | N/A | 0.1 | -50.0% |
| Belize | 0.4 | 0.2 | N/A | 0.1 | -37.0% |
| Ecuador | 0.4 | 0.3 | N/A | 0.1 | -37.0% |
| Chile | 0.7 | 0.5 | N/A | N/A | -28.6% |
| Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
| Bolivia | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 24.9 | 17.0 | N/A | 2.1 | -56.1% |
| Total | 629 | 269 | N/A | 134 | -40.3% |
Top Export Markets for Built-in Jacking System from Mexico in 2022:
- United States (23.0 units)
- Dominican Republic (13.0 units)
- El Salvador (4.0 units)
- Canada (1.0 units)
- Bolivia (1.0 units)
- Colombia (1.0 units)
- Uruguay (1.0 units)
- Brunei Darussalam (1.0 units)
- Costa Rica (1.0 units)
- Chile (1.0 units)
- Argentina (1.0 units)
- Belize (1.0 units)
- Ecuador (1.0 units)
This report provides an in-depth analysis of the built-in jacking system 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 28221330 - Built-in jacking systems of a type used in garages for raising vehicles
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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Imports of Jacks and Hoists reached its highest point at 839K units in June 2023. However, starting from July 2023 to October 2023, imports were unable to regain momentum. In terms of value, imports of Jacks and Hoists saw a significant expansion, totaling $3.6M in October 2023.
81
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
183
Imports of Jacks and Hoists reached its highest point at 839K units in June 2023. However, starting from July 2023 to October 2023, imports were unable to regain momentum. In terms of value, imports of Jacks and Hoists saw a significant expansion, totaling $3.6M in October 2023.
81
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
