Mexico - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Signalling Apparatus Price in Mexico - 2023
Contents:
- Electrical Signalling Apparatus Price in Mexico (FOB) - 2023
- Electrical Signalling Apparatus Price in Mexico (CIF) - 2023
- Electrical Signalling Apparatus Exports in Mexico
- Electrical Signalling Apparatus Imports in Mexico
Electrical Signalling Apparatus Price in Mexico (FOB) - 2023
The average electrical signalling apparatus export price stood at $1.4 per unit in August 2023, shrinking by -28.4% against the previous month. Overall, the export price recorded a perceptible decrease. The growth pace was the most rapid in July 2023 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices reached the maximum at $2.4 per unit in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -2.1% per month.
Electrical Signalling Apparatus Price in Mexico (CIF) - 2023
In August 2023, the average electrical signalling apparatus import price amounted to $4.2 per unit, with an increase of 58% against the previous month. Over the period under review, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electrical signalling apparatus import price increased by +57.8% against July 2023 indices. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 59% against the previous month. Over the period under review, average import prices hit record highs at $4.4 per unit in October 2022; however, from November 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 ($10.6 per unit), while the price for South Korea ($607 per thousand units) 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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Electrical Signalling Apparatus Exports in Mexico
In 2022, overseas shipments of electrical apparatus for sound or visual signalling decreased by -63.7% to 30M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 262% against the previous year. As a result, the exports reached the peak of 83M units, and then reduced rapidly in the following year.
In value terms, electrical signalling apparatus exports skyrocketed to $180M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electrical Signalling Apparatus in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 138 | 117 | 130 | 179 | 9.1% |
| United Arab Emirates | 2.9 | 3.4 | 3.0 | N/A | 1.7% |
| Others | 1.4 | 1.4 | 1.5 | 1.1 | -7.7% |
| Total | 142 | 122 | 135 | 180 | 8.2% |
Top Export Markets for Electrical Signalling Apparatus from Mexico in 2022:
- United States (29.8M units)
Electrical Signalling Apparatus Imports in Mexico
In 2022, approx. 18M units of electrical apparatus for sound or visual signalling were imported into Mexico; reducing by -27.1% against the year before. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 6.9% against the previous year. Over the period under review, imports attained the maximum at 33M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electrical signalling apparatus imports rose remarkably to $84M in 2022. In general, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked at $92M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Signalling Apparatus in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 56.7 | 36.5 | 39.6 | 43.5 | -8.5% |
| China | 20.3 | 18.4 | 24.3 | 24.1 | 5.9% |
| Japan | 4.3 | 2.1 | 2.6 | 6.8 | 16.5% |
| South Korea | 0.4 | 0.7 | 1.0 | 1.1 | 40.1% |
| Taiwan (Chinese) | 1.2 | 0.7 | 0.9 | 0.6 | -20.6% |
| India | 0.5 | 0.6 | 1.0 | 0.6 | 6.3% |
| Others | 8.9 | 7.8 | 7.6 | 7.1 | -7.3% |
| Total | 92.3 | 66.7 | 77.1 | 83.9 | -3.1% |
Top Suppliers of Electrical Signalling Apparatus to Mexico in 2022:
- China (10.0M units)
- United States (5.0M units)
- South Korea (0.9M units)
- India (0.4M units)
- Japan (0.3M units)
- Taiwan (Chinese) (0.2M units)
This report provides an in-depth analysis of the electrical signalling apparatus 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 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.
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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