Report Update: May 1, 2024

Mexico - Machinery For Making Or Repairing Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Footwear Making Machinery Price in Mexico - 2023

Footwear Making Machinery Price in Mexico (CIF) - 2022

In 2022, the average footwear making machinery import price amounted to $1,435 per unit, growing by 64% against the previous year. In general, the import price, however, saw a pronounced downturn. Over the period under review, average import prices reached the peak figure at $2,213 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,346 per unit), while the price for China stood at $1,141 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.3%), while the prices for the other major suppliers experienced a decline.

Footwear Making Machinery Price in Mexico (FOB) - 2022

In 2022, the average footwear making machinery export price amounted to $2,326 per unit, falling by -8.9% against the previous year. Overall, the export price recorded a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,218 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +13.9% per year.

Footwear Making Machinery Imports in Mexico

In 2022, the amount of machinery for making or repairing footwear imported into Mexico skyrocketed to 3.3K units, jumping by 56% compared with 2021. Over the period under review, imports, however, saw a dramatic descent. Imports peaked at 8.3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, footwear making machinery imports soared to $4.7M in 2022. In general, imports, however, saw a deep slump. Over the period under review, imports hit record highs at $6.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Footwear Making Machinery in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,440	548	364	3,270	10.3%
Italy	2,122	463	221	1,475	-11.4%
South Korea	371	93.7	158	N/A	-34.7%
Greece	277	251	97.0	N/A	-40.8%
Germany	14.1	160	146	N/A	221.8%
Taiwan (Chinese)	611	87.9	103	N/A	-58.9%
Brazil	638	99.4	79.2	N/A	-64.8%
Others	421	363	681	N/A	27.2%
Total	6,894	2,066	1,849	4,746	-11.7%

Top Suppliers of Footwear Making Machinery to Mexico in 2022:

China (2.9K units)
Italy (0.4K units)

Footwear Making Machinery Exports in Mexico

In 2022, approx. 1 units of machinery for making or repairing footwear were exported from Mexico; declining by -99.1% compared with the year before. Overall, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 59% against the previous year. Over the period under review, the exports hit record highs at 463 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, footwear making machinery exports dropped dramatically to $2.3K in 2022. In general, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 167%. Over the period under review, the exports attained the peak figure at $586K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Footwear Making Machinery in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	113	38.4	11.5	2.3	-72.7%
Spain	9.8	4.9	10.4	N/A	3.0%
Guatemala	6.0	9.0	44.2	N/A	171.4%
Cuba	13.2	7.2	17.2	N/A	14.2%
Portugal	395	1.3	N/A	N/A	-99.7%
Others	48.2	44.4	197	N/A	102.2%
Total	586	105	281	2.3	-84.2%

Top Export Markets for Footwear Making Machinery from Mexico in 2022:

United States (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the footwear making machinery 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 28943050 - Machinery for making/repairing footwear including skiving or pairing machines, machines for cutting leather into shapes, p erforating and pricking machines excluding sewing machines

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