Mexico - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectromagnetic Lifting Head Price in Mexico - 2023
Contents:
- Electromagnetic Lifting Head Price in Mexico (CIF) - 2023
- Electromagnetic Lifting Head Price in Mexico (FOB) - 2023
- Electromagnetic Lifting Head Imports in Mexico
- Electromagnetic Lifting Head Exports in Mexico
Electromagnetic Lifting Head Price in Mexico (CIF) - 2023
In June 2023, the average electromagnetic lifting head import price amounted to $28,122 per ton, waning by -9.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in May 2023 an increase of 15% m-o-m. As a result, import price reached the peak level of $31,061 per ton, and then declined in the following month.
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 ($48,297 per ton), while the price for Japan ($6,844 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Electromagnetic Lifting Head Price in Mexico (FOB) - 2023
The average electromagnetic lifting head export price stood at $22,502 per ton in June 2023, picking up by 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in October 2022 an increase of 54% against the previous month. Over the period under review, the average export prices reached the maximum in June 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +1.9% per month.
Electromagnetic Lifting Head Imports in Mexico
In 2022, approx. 4.6K tons of electromagnets and electromagnetic lifting heads were imported into Mexico; dropping by -8.2% against the previous year. The total import volume increased at an average annual rate of +5.4% over the period 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 when imports increased by 37%. As a result, imports attained the peak of 5K tons, and then fell in the following year.
In value terms, electromagnetic lifting head imports stood at $127M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Electromagnetic Lifting Head in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 53.5 | 50.2 | 58.8 | 63.4 | 5.8% |
| China | 26.7 | 16.5 | 27.2 | 29.2 | 3.0% |
| Germany | 5.7 | 2.8 | 3.4 | 7.6 | 10.1% |
| Austria | 9.0 | 10.5 | 9.4 | 5.3 | -16.2% |
| South Korea | 1.7 | 5.7 | 6.1 | 4.3 | 36.3% |
| Japan | 1.6 | 1.3 | 3.5 | 3.5 | 29.8% |
| Spain | 5.4 | 5.1 | 6.0 | 2.0 | -28.2% |
| Italy | 3.9 | 1.8 | 2.5 | 1.7 | -24.2% |
| Romania | 4.9 | 2.9 | 1.8 | 1.4 | -34.1% |
| Others | 10.0 | 10.4 | 7.3 | 8.3 | -6.0% |
| Total | 123 | 107 | 126 | 127 | 1.1% |
Top Suppliers of Electromagnetic Lifting Head to Mexico in 2022:
- China (1762.0 tons)
- United States (1387.6 tons)
- South Korea (449.5 tons)
- Germany (183.7 tons)
- Japan (162.3 tons)
- Austria (139.5 tons)
- Spain (126.6 tons)
- Italy (76.1 tons)
- Romania (45.5 tons)
Electromagnetic Lifting Head Exports in Mexico
In 2022, exports of electromagnets and electromagnetic lifting heads from Mexico rose remarkably to 2.5K tons, picking up by 14% on 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 134% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, electromagnetic lifting head exports totaled $43M in 2022. The total export value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Electromagnetic Lifting Head in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 35.7 | 34.0 | 41.7 | 42.5 | 6.0% |
| Others | 1.5 | 1.2 | 0.4 | 0.1 | -59.5% |
| Total | 37.2 | 35.2 | 42.0 | 42.7 | 4.7% |
Top Export Markets for Electromagnetic Lifting Head from Mexico in 2022:
- United States (2.5K tons)
This report provides an in-depth analysis of the electromagnetic lifting head 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 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
- Prodcom 27904560 -
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.
-
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
294
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