Mexico - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Mexico - 2023
Contents:
- Lift and Hoist Price in Mexico (CIF) - 2023
- Lift and Hoist Price in Mexico (FOB) - 2023
- Lift and Hoist Imports in Mexico
- Lift and Hoist Exports in Mexico
Lift and Hoist Price in Mexico (CIF) - 2023
The average lift and hoist import price stood at $16,097 per unit in June 2023, dropping by -15.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 34% m-o-m. The import price peaked at $19,054 per unit in May 2023, and then declined markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was South Korea ($41,460 per unit), while the price for the United States ($5,584 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
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Lift and Hoist Price in Mexico (FOB) - 2023
In June 2023, the average lift and hoist export price amounted to $18,377 per unit, falling by -61.4% against the previous month. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 587% against the previous month. Over the period under review, the average export prices hit record highs at $72,364 per unit in September 2022; however, from October 2022 to June 2023, the export prices stood at a somewhat 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 -8.8% per month.
Lift and Hoist Imports in Mexico
In 2022, approx. 4.9K units of lifts and hoists were imported into Mexico; which is down by -10.3% compared with 2021. In general, imports recorded a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports reached the peak of 5.5K units, and then fell in the following year.
In value terms, lift and hoist imports expanded rapidly to $75M in 2022. Overall, imports recorded a deep slump. Imports peaked at $96M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Lift and Hoist in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.4 | 37.6 | 38.2 | 45.0 | -3.7% |
| Spain | 21.3 | 10.8 | 9.9 | 13.9 | -13.3% |
| Brazil | 12.2 | 11.2 | 10.0 | 9.4 | -8.3% |
| United States | 3.3 | 1.6 | 5.0 | 3.2 | -1.0% |
| Italy | 0.8 | 5.8 | 4.6 | 3.1 | 57.1% |
| South Korea | 4.6 | 2.3 | N/A | N/A | -50.0% |
| Others | 3.3 | 3.9 | 0.4 | 0.5 | -46.7% |
| Total | 95.8 | 73.1 | 68.2 | 75.2 | -7.8% |
Top Suppliers of Lift and Hoist to Mexico in 2022:
- China (3144.0 units)
- Spain (659.0 units)
- Brazil (469.0 units)
- United States (451.0 units)
- Italy (172.0 units)
Lift and Hoist Exports in Mexico
After two years of decline, shipments abroad of lifts and hoists increased by 3.7% to 195 units in 2022. Overall, exports, however, saw a dramatic curtailment. The exports peaked at 497 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lift and hoist exports amounted to $4.6M in 2022. Over the period under review, exports, however, faced a abrupt decline. The exports peaked at $8.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Lift and Hoist in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 7.9 | 4.1 | 4.5 | -19.4% |
| Guatemala | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 8.6 | 7.9 | 4.6 | 4.6 | -18.8% |
Top Export Markets for Lift and Hoist from Mexico in 2022:
- United States (189.0 units)
- Guatemala (6.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
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