Mexico - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in Mexico - 2023
Contents:
- Data Storage Device Price in Mexico (CIF) - 2023
- Data Storage Device Price in Mexico (FOB) - 2023
- Data Storage Device Imports in Mexico
- Data Storage Device Exports in Mexico
Data Storage Device Price in Mexico (CIF) - 2023
The average data storage device import price stood at $162 per unit in August 2023, falling by -16.6% against the previous month. Over the period under review, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in April 2023 an increase of 13% m-o-m. The import price peaked at $215 per unit in November 2022; however, from December 2022 to August 2023, import prices remained at a lower figure.
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 ($483 per unit), while the price for Singapore ($56.2 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 (+9.4%), while the prices for the other major suppliers experienced a decline.
Data Storage Device Price in Mexico (FOB) - 2023
The average data storage device export price stood at $132 per unit in August 2023, reducing by -36.7% against the previous month. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in January 2023 an increase of 77% against the previous month. As a result, the export price attained the peak level of $394 per unit. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($102 per unit), while the average price for exports to Poland amounted to $36.6 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-4.3%).
Data Storage Device Imports in Mexico
In 2022, approx. 30M units of data storage devices were imported into Mexico; approximately equating the year before. In general, imports recorded a abrupt setback. Over the period under review, imports attained the peak figure at 39M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, data storage device imports soared to $6.2B in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Data Storage Device in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,647 | 1,653 | 1,755 | 2,165 | 9.5% |
| South Korea | 548 | 991 | 843 | 1,090 | 25.8% |
| China | 1,561 | 767 | 789 | 1,066 | -11.9% |
| Philippines | 764 | 604 | 705 | 671 | -4.2% |
| Taiwan (Chinese) | 367 | 206 | 284 | 462 | 8.0% |
| Malaysia | 205 | 290 | 345 | 353 | 19.9% |
| United States | 211 | 205 | 160 | 181 | -5.0% |
| Singapore | 184 | 322 | 178 | 143 | -8.1% |
| Others | 79.6 | 57.2 | 97.4 | 42.6 | -18.8% |
| Total | 5,566 | 5,095 | 5,157 | 6,173 | 3.5% |
Top Suppliers of Data Storage Device to Mexico in 2022:
- Thailand (9.6M units)
- South Korea (5.3M units)
- China (4.7M units)
- Philippines (3.1M units)
- Malaysia (3.1M units)
- Taiwan (Chinese) (3.0M units)
- United States (0.9M units)
- Singapore (0.5M units)
Data Storage Device Exports in Mexico
In 2022, data storage device exports from Mexico skyrocketed to 12M units, with an increase of 50% compared with the previous year. Overall, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.6% against 2020 indices. The exports peaked at 13M units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, data storage device exports stood at $2.6B in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 2.8% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Data Storage Device in Mexico (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 1.7 | 1.9 | 1.9 | 5.9% |
| Others | 0.9 | 0.9 | 0.7 | 0.7 | -8.0% |
| Total | 2.5 | 2.6 | 2.6 | 2.6 | 1.3% |
Top Export Markets for Data Storage Device from Mexico in 2022:
- United States (11.4M units)
This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units
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
-
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 Data Storage Devices peaked at 2.6M units in February 2023, but remained lower from March to December. In December 2023, their value surged to $342M.
102
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