Mexico - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHeat Pump Price in Mexico - 2023
Contents:
- Heat Pump Price in Mexico (CIF) - 2022
- Heat Pump Price in Mexico (FOB) - 2023
- Heat Pump Imports in Mexico
- Heat Pump Exports in Mexico
Heat Pump Price in Mexico (CIF) - 2022
The average heat pump import price stood at $1,542 per unit in 2022, leveling off at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 5%. Over the period under review, average import prices attained the peak figure at $1,549 per unit in 2012; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,542 per unit), while the price for the United States stood at $1,542 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.0%).
Heat Pump Price in Mexico (FOB) - 2023
The average heat pump export price stood at $1,470 per unit in May 2023, with a decrease of -5.9% against the previous month. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in October 2022 an increase of 35% m-o-m. The export price peaked at $1,614 per unit in February 2023; afterwards, it flattened through to May 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to +5.0% per month.
Heat Pump Imports in Mexico
In 2022, purchases abroad of heat pumps other than air conditioning machines was finally on the rise to reach 55K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at 56K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, heat pump imports soared to $85M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Heat Pump in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 77.0 | 68.7 | 68.7 | 81.8 | 2.0% |
| China | 1.2 | 1.0 | 3.3 | 3.7 | 45.5% |
| Others | 0.6 | 0.4 | 0.1 | N/A | -59.2% |
| Total | 78.8 | 70.1 | 72.0 | 85.4 | 2.7% |
Top Suppliers of Heat Pump to Mexico in 2022:
- United States (53.0K units)
- China (2.4K units)
Heat Pump Exports in Mexico
In 2022, shipments abroad of heat pumps other than air conditioning machines decreased by 0% to 11K units, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 217% against the previous year. As a result, the exports attained the peak of 47K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, heat pump exports stood at $17M in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 232%. As a result, the exports attained the peak of $73M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Heat Pump in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.1 | 72.5 | N/A | 16.5 | -9.3% |
| Others | N/A | 0.9 | N/A | N/A | 0% |
| Total | 22.1 | 73.4 | N/A | 16.5 | -9.3% |
Top Export Markets for Heat Pump from Mexico in 2022:
- United States (11.2K units)
This report provides an in-depth analysis of the heat pump 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 28251380 - Heat pumps other than air conditioning machines of HS
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
529
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