Mexico - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoading Machinery Price in Mexico - 2023
Contents:
- Loading Machinery Price in Mexico (FOB) - 2023
- Loading Machinery Price in Mexico (CIF) - 2023
- Loading Machinery Exports in Mexico
- Loading Machinery Imports in Mexico
Loading Machinery Price in Mexico (FOB) - 2023
In August 2023, the average loading machinery export price amounted to $5,078 per unit, stabilizing at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in January 2023 an increase of 31% m-o-m. Over the period under review, the average export prices reached the peak figure at $5,078 per unit in March 2023; 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 August 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to +2.5% per month.
Loading Machinery Price in Mexico (CIF) - 2023
The average loading machinery import price stood at $4,443 per unit in August 2023, approximately reflecting the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 2.8% against the previous month. Over the period under review, average import prices reached the peak figure at $4,662 per unit in September 2022; afterwards, it flattened through to August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were the United States ($4,443 per unit) and Italy ($4,443 per unit), while the price for China ($4,443 per unit) and South Korea ($4,443 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.
Loading Machinery Exports in Mexico
In 2022, exports of lifting, handling, loading or unloading machinery from Mexico skyrocketed to 74K units, picking up by 58% on the previous year's figure. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, loading machinery exports soared to $327M in 2022. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 79%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Loading Machinery in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 182 | 122 | 222 | 315 | 20.1% |
| Canada | 3.8 | 3.4 | 11.4 | 10.9 | 42.1% |
| Others | 4.9 | 5.5 | 0.6 | 0.7 | -47.7% |
| Total | 190 | 130 | 234 | 327 | 19.8% |
Top Export Markets for Loading Machinery from Mexico in 2022:
- United States (71.2K units)
- Canada (2.5K units)
Loading Machinery Imports in Mexico
In 2022, the amount of lifting, handling, loading or unloading machinery imported into Mexico surged to 67K units, growing by 30% compared with the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, loading machinery imports skyrocketed to $288M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Loading Machinery in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 93.6 | 75.4 | 78.2 | 125 | 10.1% |
| China | 16.9 | 20.2 | 19.0 | 30.9 | 22.3% |
| Germany | 30.3 | 20.8 | 30.3 | 28.4 | -2.1% |
| Italy | 18.7 | 17.8 | 17.3 | 24.1 | 8.8% |
| Japan | 22.2 | 18.6 | 20.2 | 21.2 | -1.5% |
| Brazil | 4.7 | 1.3 | 1.2 | 12.7 | 39.3% |
| South Korea | 6.9 | 5.4 | 8.6 | 12.7 | 22.6% |
| Canada | 15.4 | 7.3 | 9.2 | 9.8 | -14.0% |
| Spain | 8.5 | 6.1 | 11.4 | 4.0 | -22.2% |
| France | 5.6 | 4.1 | 1.6 | 3.6 | -13.7% |
| Others | 29.3 | 21.1 | 16.0 | 14.9 | -20.2% |
| Total | 252 | 198 | 213 | 288 | 4.6% |
Top Suppliers of Loading Machinery to Mexico in 2022:
- United States (29.0K units)
- China (7.1K units)
- Germany (6.6K units)
- Italy (5.6K units)
- Japan (4.9K units)
- Brazil (2.9K units)
- South Korea (2.9K units)
- Canada (2.3K units)
- Spain (0.9K units)
- France (0.8K units)
This report provides an in-depth analysis of the loading 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
- Prodcom 28221850 - Loading machinery specially designed for agricultural use
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
-
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
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