Mexico - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLifting Equipment Price in Mexico - 2023
Contents:
- Lifting Equipment Price in Mexico (CIF) - 2022
- Lifting Equipment Price in Mexico (FOB) - 2023
- Lifting Equipment Imports in Mexico
- Lifting Equipment Exports in Mexico
Lifting Equipment Price in Mexico (CIF) - 2022
The average lifting equipment import price stood at $12,288 per unit in 2022, surging by 761% against the previous year. In general, the import price posted a buoyant increase. The import price peaked at $86,791 per unit in 2016; however, from 2017 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 China ($22,398 per unit), while the price for Spain ($7,055 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lifting Equipment Price in Mexico (FOB) - 2023
In August 2023, the average lifting equipment export price amounted to $2,251 per unit, falling by -10% against the previous month. Overall, the export price saw a mild decline. The pace of growth was the most pronounced in April 2023 an increase of 1,148% against the previous month. As a result, the export price attained the peak level of $49,461 per unit; afterwards, it flattened through to August 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From November 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -1.7% per month.
Lifting Equipment Imports in Mexico
In 2022, the amount of lifting equipment imported into Mexico declined markedly to 543 units, dropping by -93.1% on 2021 figures. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 936% against the previous year. As a result, imports reached the peak of 7.8K units, and then fell dramatically in the following year.
In value terms, lifting equipment imports fell dramatically to $6.7M in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 163%. As a result, imports attained the peak of $11M, and then shrank markedly in the following year.
| Import of Lifting Equipment in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.2 | 2.7 | 4.5 | 4.3 | -6.1% |
| China | 0.5 | 0.5 | 4.8 | 1.3 | 37.5% |
| Canada | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Spain | 0.7 | N/A | N/A | 0.3 | -24.6% |
| Others | 3.0 | 0.9 | 1.8 | 0.3 | -53.6% |
| Total | 9.5 | 4.2 | 11.2 | 6.7 | -11.0% |
Top Suppliers of Lifting Equipment to Mexico in 2022:
- United States (373.0 units)
- China (60.0 units)
- Canada (55.0 units)
- Spain (45.0 units)
Lifting Equipment Exports in Mexico
In 2022, exports of lifting equipment from Mexico dropped significantly to 104 units, shrinking by -32.5% on 2021. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 228% against the previous year. As a result, the exports attained the peak of 154 units, and then contracted remarkably in the following year.
In value terms, lifting equipment exports stood at $552K in 2022. Over the period under review, exports recorded a significant decrease. Over the period under review, the exports reached the peak figure at $1.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lifting Equipment in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,267 | 505 | 509 | 552 | -24.2% |
| Belize | 4.3 | N/A | N/A | N/A | 0% |
| Guatemala | N/A | 12.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,272 | 517 | 509 | 552 | -24.3% |
Top Export Markets for Lifting Equipment from Mexico in 2022:
- United States (104.0 units)
This report provides an in-depth analysis of the lifting equipment 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 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
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
-
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
297
This report provides an in-depth analysis of the lifting equipment market in Mexico.
665
This report provides an in-depth analysis of the crane market in Mexico.
456
This report provides an in-depth analysis of the vehicle-mounted lifting equipment market in Mexico.
327
This report provides an in-depth analysis of the mobile lifting frame market in Mexico.
401
This report provides an in-depth analysis of the overhead travelling crane market in Mexico.
238
This report provides an in-depth analysis of the self-propelled lifting equipment market in Mexico.
258
This report provides an in-depth analysis of the market for tower and portal cranes in Mexico.
296
This report provides an in-depth analysis of the market for transporter and bridge cranes in Mexico.
897
This report provides an in-depth analysis of the global lifting equipment market.
1957
This report provides an in-depth analysis of the global crane market.
260
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
698
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
635
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
958
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1015
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
1911
China never ceases to impress: the latest luffing jib crane produced at Manitowoc's Zhangjiagang plant is believed to be one of the most flexible and versatile cranes in the world. This MCR X crane has a ten ton capacity and up to X meters of main
260
Explore the world's best import markets for crane with key statistics and insights. Discover the import values of top countries and their significance in the crane market.
698
Global light-vessels, fire-floats, dredgers, floating cranes imports amounted to X tons in 2016, waning by -X% against the previous year figure. In general, light-vessels, fire-floats, dredger...
635
In value terms, light-vessels, fire-floats, dredgers, floating cranes exports totaled $X in 2016. Overall, light-vessels, fire-floats, dredgers, floating cranes exports continue to indicate a strong...
958
In 2016, the amount of crane imported worldwide amounted to X tons, descending by -X% against the previous year level. In general, crane imports continue to indicate a relatively flat trend patte...
