Mexico - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights

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Files and Rasps Price in Mexico - 2023

Contents:

  1. Files and Rasps Price in Mexico (CIF) - 2023
  2. Files and Rasps Price in Mexico (FOB) - 2023
  3. Files and Rasps Imports in Mexico
  4. Files and Rasps Exports in Mexico

Files and Rasps Price in Mexico (CIF) - 2023

In August 2023, the average files and rasps import price amounted to $1.7 per unit, remaining constant against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 25% month-to-month. Over the period under review, average import prices attained the maximum at $1.7 per unit in January 2023; afterwards, it flattened through to August 2023.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were India ($1.7 per unit) and the United States ($1.7 per unit), while the price for China ($1.7 per unit) and Switzerland ($1.7 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Brazil (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Files and Rasps Price in Mexico (FOB) - 2023

The average files and rasps export price stood at $2.4 per unit in August 2023, therefore, remained relatively stable against the previous month. In general, export price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, files and rasps export price increased by +29.6% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 57% month-to-month. Over the period under review, the average export prices hit record highs at $2.4 per unit in March 2023; afterwards, it flattened through to August 2023.

Average prices varied noticeably for the major foreign markets. In August 2023, the countries with the highest prices were Guatemala ($2.4 per unit) and the United States ($2.4 per unit), while the average price for exports to El Salvador ($2.4 per unit) and Costa Rica ($2.4 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Files and Rasps Imports in Mexico

In 2022, approx. 7.3M units of files, rasps and similar tools were imported into Mexico; with a decrease of -2.8% on the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, imports reached the peak of 7.5M units, and then shrank slightly in the following year.

In value terms, files and rasps imports reduced rapidly to $9.7M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. As a result, imports attained the peak of $13M, and then shrank dramatically in the following year.

Import of Files and Rasps in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.02.86.34.531.0%
Switzerland1.01.21.91.39.1%
China0.80.71.71.214.5%
Germany0.60.60.70.914.5%
United States1.10.50.60.6-18.3%
Brazil0.70.40.60.3-24.6%
Portugal0.10.10.10.226.0%
Others1.60.90.70.7-24.1%
Total7.97.312.69.77.1%

Top Suppliers of Files and Rasps to Mexico in 2022:

  1. India (3364.0K units)
  2. Switzerland (984.2K units)
  3. China (913.1K units)
  4. Germany (698.3K units)
  5. United States (467.5K units)
  6. Brazil (195.2K units)
  7. Portugal (158.5K units)

Files and Rasps Exports in Mexico

In 2022, approx. 4.9M units of files, rasps and similar tools were exported from Mexico; remaining relatively unchanged against the previous year's figure. In general, exports recorded a abrupt descent. The exports peaked at 8.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, files and rasps exports fell to $8.7M in 2022. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 3.8% against the previous year. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Files and Rasps in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala3.53.84.03.82.8%
United States7.72.02.71.9-37.3%
Dominican Republic1.21.51.30.9-9.1%
El Salvador0.70.80.90.84.6%
Colombia1.90.20.30.3-46.0%
Cuba0.20.10.10.20.0%
Costa Rica0.20.20.30.20.0%
Peru0.30.20.20.1-30.7%
Others1.31.10.40.4-32.5%
Total17.09.810.28.7-20.0%

Top Export Markets for Files and Rasps from Mexico in 2022:

  1. Guatemala (2145.8K units)
  2. United States (1091.6K units)
  3. Dominican Republic (521.4K units)
  4. El Salvador (457.6K units)
  5. Colombia (197.0K units)
  6. Costa Rica (109.4K units)
  7. Cuba (84.8K units)
  8. Peru (76.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the files and rasps 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 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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