Report Update: May 1, 2024

Mexico - Fluorescent Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Fluorescent Discharge Lamps Price in Mexico - 2023

Fluorescent Discharge Lamps Price in Mexico (CIF) - 2023

The average fluorescent discharge lamps import price stood at $1.2 per unit in August 2023, shrinking by -7.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in July 2023 an increase of 34% against the previous month. Over the period under review, average import prices attained the maximum at $1.5 per unit in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($2.3 per unit), while the price for China ($1.1 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 China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluorescent Discharge Lamps Price in Mexico (FOB) - 2022

In 2022, the average fluorescent discharge lamps export price amounted to $2 per unit, surging by 6.9% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices hit record highs at $10 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 El Salvador ($2.3 per unit), while the average price for exports to Honduras ($1.1 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 Germany (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports in Mexico

In 2022, fluorescent discharge lamps imports into Mexico dropped remarkably to 32M units, which is down by -26.3% compared with the year before. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. Imports peaked at 48M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports shrank to $33M in 2022. In general, imports faced a sharp decline. The smallest decline of -11.3% was in 2021. Imports peaked at $69M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Fluorescent Discharge Lamps in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	56.9	35.5	30.8	26.5	-22.5%
Poland	0.8	0.7	1.4	2.3	42.2%
United States	6.2	3.2	3.4	2.0	-31.4%
Others	5.6	2.3	1.5	1.8	-31.5%
Total	69.5	41.8	37.1	32.6	-22.3%

Top Suppliers of Fluorescent Discharge Lamps to Mexico in 2022:

China (29.2M units)
Poland (1.4M units)
United States (0.7M units)

Fluorescent Discharge Lamps Exports in Mexico

In 2022, shipments abroad of fluorescent discharge lamps was finally on the rise to reach 969K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic downturn. The exports peaked at 2.3M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports soared to $1.9M in 2022. Overall, exports, however, recorded a significant curtailment. Over the period under review, the exports attained the maximum at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Fluorescent Discharge Lamps in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	12,911	773	705	1,543	-50.7%
Costa Rica	241	232	299	125	-19.7%
Honduras	275	340	320	117	-24.8%
Guatemala	185	99.8	39.8	62.7	-30.3%
Dominican Republic	520	327	84.4	52.8	-53.3%
El Salvador	192	23.6	2.6	14.5	-57.7%
Nicaragua	301	23.4	8.9	N/A	-82.8%
Panama	81.4	139	18.2	N/A	-52.7%
Others	605	138	47.9	0.7	-89.5%
Total	15,311	2,097	1,526	1,915	-50.0%

Top Export Markets for Fluorescent Discharge Lamps from Mexico in 2022:

United States (723.8K units)
Honduras (111.4K units)
Costa Rica (71.2K units)
Guatemala (30.2K units)
Dominican Republic (25.6K units)
El Salvador (6.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fluorescent discharge lamps 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 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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