Mexico - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Mexico - 2023
Contents:
- Circuit Breaker Price in Mexico (FOB) - 2023
- Circuit Breaker Price in Mexico (CIF) - 2023
- Circuit Breaker Exports in Mexico
- Circuit Breaker Imports in Mexico
Circuit Breaker Price in Mexico (FOB) - 2023
The average circuit breaker export price stood at $14.8 per unit in August 2023, rising by 6.2% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 22% month-to-month. As a result, the export price attained the peak level of $15.6 per unit. From July 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($25.7 per unit), while the average price for exports to the United States amounted to $14.7 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%).
Circuit Breaker Price in Mexico (CIF) - 2023
In August 2023, the average circuit breaker import price amounted to $11.9 per unit, declining by -17.7% against the previous month. Overall, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in July 2023 an increase of 52% m-o-m. Over the period under review, average import prices attained the peak figure at $16.2 per unit in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($15.5 per unit), while the price for China ($6.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced a decline.
Circuit Breaker Exports in Mexico
Circuit breaker exports from Mexico expanded notably to 76M units in 2022, growing by 6.5% on the previous year. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 115% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, circuit breaker exports totaled $819M in 2022. The total export value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Circuit Breaker in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 608 | 594 | 703 | 779 | 8.6% |
| Germany | 4.4 | 1.8 | 4.4 | 25.7 | 80.1% |
| Others | 16.2 | 17.9 | 15.5 | 14.3 | -4.1% |
| Total | 628 | 614 | 723 | 819 | 9.3% |
Top Export Markets for Circuit Breaker from Mexico in 2022:
- United States (73.3M units)
- Germany (1.6M units)
Circuit Breaker Imports in Mexico
In 2022, the amount of automatic circuit breakers imported into Mexico fell modestly to 22M units, which is down by -2% on 2021. Over the period under review, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of 23M units, and then reduced slightly in the following year.
In value terms, circuit breaker imports soared to $307M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Circuit Breaker in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 136 | 130 | 141 | 142 | 1.4% |
| Italy | 11.8 | 12.1 | 38.3 | 67.1 | 78.5% |
| China | 15.6 | 16.7 | 28.7 | 37.8 | 34.3% |
| Dominican Republic | 7.1 | 8.5 | 11.9 | 23.2 | 48.4% |
| Germany | 11.8 | 13.1 | 12.5 | 13.7 | 5.1% |
| Czech Republic | 5.0 | 3.5 | 4.1 | 4.2 | -5.6% |
| Others | 30.6 | 18.8 | 16.9 | 19.5 | -13.9% |
| Total | 218 | 203 | 253 | 307 | 12.1% |
Top Suppliers of Circuit Breaker to Mexico in 2022:
- United States (11.1M units)
- China (3.3M units)
- Italy (3.2M units)
- Dominican Republic (2.4M units)
- Czech Republic (0.6M units)
- Germany (0.5M units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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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In June 2023, the Circuit Breaker price in Mexico increased by 22% to reach $15.8 per unit (FOB) compared to the previous month.
776
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
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In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
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197
In June 2023, the Circuit Breaker price in Mexico increased by 22% to reach $15.8 per unit (FOB) compared to the previous month.
776
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
1190
In 2016, the amount of circuit breaker imported worldwide stood at X tons, jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ove...
