Mexico - Insulating Fittings For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInsulating Fittings Price in Mexico - 2023
Contents:
- Insulating Fittings Price in Mexico (FOB) - 2023
- Insulating Fittings Price in Mexico (CIF) - 2022
- Insulating Fittings Exports in Mexico
- Insulating Fittings Imports in Mexico
Insulating Fittings Price in Mexico (FOB) - 2023
The average insulating fittings export price stood at $3,216 per ton in June 2023, surging by 10% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 15% against the previous month. As a result, the export price attained the peak level of $3,703 per ton. From November 2022 to June 2023, the the average export prices remained at a lower figure.
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 -0.5% per month.
Insulating Fittings Price in Mexico (CIF) - 2022
The average insulating fittings import price stood at $8,209 per ton in 2022, waning by -29.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 12%. Over the period under review, average import prices reached the peak figure at $14,651 per ton in 2020; however, from 2021 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 Germany ($27,257 per ton), while the price for the United States ($6,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced a decline.
Insulating Fittings Exports in Mexico
In 2022, after three years of growth, there was significant decline in shipments abroad of insulating fittings for electrical purposes, when their volume decreased by -11.1% to 14K tons. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 705%. As a result, the exports attained the peak of 16K tons, and then reduced in the following year.
In value terms, insulating fittings exports fell to $108M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 288%. As a result, the exports reached the peak of $122M, and then declined in the following year.
Export of Insulating Fittings in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.4 | 26.9 | 122 | 106 | 94.5% |
Others | 0.3 | 4.6 | 0.2 | 1.4 | 67.1% |
Total | 14.7 | 31.4 | 122 | 108 | 94.4% |
Top Export Markets for Insulating Fittings from Mexico in 2022:
- United States (13.8K tons)
Insulating Fittings Imports in Mexico
Insulating fittings imports into Mexico skyrocketed to 7.5K tons in 2022, surging by 55% against the year before. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, insulating fittings imports reached $62M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Insulating Fittings in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 35.9 | 31.1 | 37.3 | 40.3 | 3.9% |
China | 4.8 | 5.3 | 9.1 | 9.8 | 26.9% |
Germany | 2.1 | 2.0 | 2.8 | 3.0 | 12.6% |
Others | 6.0 | 8.3 | 7.2 | 8.4 | 11.9% |
Total | 48.7 | 46.7 | 56.4 | 61.5 | 8.1% |
Top Suppliers of Insulating Fittings to Mexico in 2022:
- United States (6.5K tons)
- China (0.6K tons)
- Germany (0.1K tons)
This report provides an in-depth analysis of the insulating fittings 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 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material
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
This report provides an in-depth analysis of the insulating fittings market in Mexico.
This report provides an in-depth analysis of the electrical insulating fittings market in Mexico.
This report provides an in-depth analysis of the ceramic insulating fittings market in Mexico.
This report provides an in-depth analysis of the global insulating fittings market.
This report provides an in-depth analysis of the global electrical insulating fittings market.
This report provides an in-depth analysis of the global ceramic insulating fittings market.
This report provides an in-depth analysis of the insulating fittings market in Mexico.
This report provides an in-depth analysis of the electrical insulating fittings market in Mexico.
This report provides an in-depth analysis of the ceramic insulating fittings market in Mexico.
This report provides an in-depth analysis of the global insulating fittings market.
In November 2022, the growth rate of Insulating Fittings exports reached an astonishing peak with a 105% increase compared to the previous month. Furthermore, the value of Insulating Fittings exports surged to $8M in October 2023.
In November 2022, the growth pace of Insulating Fittings was the most rapid with an impressive increase of 105% compared to the previous month. However, in terms of value, the exports of Insulating Fittings decreased to $7M in June 2023.
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...
In value terms, electrical insulators of any material exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern r...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
In 2016, the global electrical insulating fittings imports stood at X tons, descending by -X% against the previous year figure. In general, electrical insulating fittings imports continue to i...
Germany continued its dominance in the global electrical insulating plastic fittings trade. In 2014, Germany exported X thousand tons of electrical insulating plastic fittings totaling X million USD, X% over the previous year. Its primary tradi
In November 2022, the growth rate of Insulating Fittings exports reached an astonishing peak with a 105% increase compared to the previous month. Furthermore, the value of Insulating Fittings exports surged to $8M in October 2023.
In November 2022, the growth pace of Insulating Fittings was the most rapid with an impressive increase of 105% compared to the previous month. However, in terms of value, the exports of Insulating Fittings decreased to $7M in June 2023.
In value terms, electrical insulators of any material imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend p...