Mexico - Rotary Converters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Rotary Converter Price in Mexico - 2023
Contents:
- Electric Rotary Converter Price in Mexico (CIF) - 2023
- Electric Rotary Converter Price in Mexico (FOB) - 2022
- Electric Rotary Converter Imports in Mexico
- Electric Rotary Converter Exports in Mexico
Electric Rotary Converter Price in Mexico (CIF) - 2023
In July 2023, the average electric rotary converter import price amounted to $5.8 per unit, approximately equating the previous month. Overall, the import price continues to indicate a deep downturn. As a result, import price reached the peak level of $8.7 per unit. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to July 2023, the rate of growth in terms of prices for China amounted to -6.4% per month.
Electric Rotary Converter Price in Mexico (FOB) - 2022
In 2022, the average electric rotary converter export price amounted to $28 per unit, dropping by -2.4% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 193%. As a result, the export price reached the peak level of $94 per unit. From 2017 to 2022, the average export prices remained 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 Colombia ($1,277 per unit), while the average price for exports to Canada ($13 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 Colombia (+147.2%), while the prices for the other major destinations experienced mixed trend patterns.
Electric Rotary Converter Imports in Mexico
Electric rotary converter imports into Mexico skyrocketed to 32K units in 2022, rising by 370% compared with the previous year. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric rotary converter imports soared to $1.9M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Rotary Converter in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.3 | 114 | 89.4 | 417 | 127.7% |
| Spain | 161 | 38.9 | 28.4 | 331 | 27.2% |
| China | 8.4 | 96.2 | 48.5 | 226 | 199.6% |
| Malaysia | 2.1 | 3.9 | 2.4 | 12.2 | 79.8% |
| Others | 168 | 317 | 205 | 868 | 72.9% |
| Total | 375 | 570 | 374 | 1,854 | 70.4% |
Top Suppliers of Electric Rotary Converter to Mexico in 2022:
- Spain (14.0K units)
- China (8.5K units)
- Malaysia (5.2K units)
- United States (3.4K units)
Electric Rotary Converter Exports in Mexico
In 2022, shipments abroad of electric rotary converters decreased by -42.7% to 22K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 583% against the previous year. As a result, the exports attained the peak of 38K units, and then reduced notably in the following year.
In value terms, electric rotary converter exports shrank rapidly to $596K in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 742% against the previous year. As a result, the exports attained the peak of $1.1M, and then declined sharply in the following year.
| Export of Electric Rotary Converter in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.4 | 37.0 | 692 | 393 | 146.0% |
| Canada | 14.4 | 12.7 | 70.5 | 40.1 | 40.7% |
| Honduras | 8.1 | 7.6 | 62.9 | 35.8 | 64.1% |
| Dominican Republic | 6.3 | 18.0 | 17.7 | 17.8 | 41.4% |
| Malaysia | 1.5 | 3.9 | 12.2 | 6.9 | 66.3% |
| Others | 42.4 | 47.2 | 210 | 102 | 34.0% |
| Total | 99.1 | 126 | 1,065 | 596 | 81.9% |
Top Export Markets for Electric Rotary Converter from Mexico in 2022:
- United States (17.2K units)
- Canada (3.2K units)
- Malaysia (0.4K units)
- Honduras (0.3K units)
- Dominican Republic (0.3K units)
This report provides an in-depth analysis of the electric rotary converter 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 27113270 - Rotary converters
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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