Mexico - Microphones And Their Stands - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMicrophone Price in Mexico - 2023
Contents:
- Microphone Price in Mexico (CIF) - 2022
- Microphone Price in Mexico (FOB) - 2023
- Microphone Imports in Mexico
- Microphone Exports in Mexico
Microphone Price in Mexico (CIF) - 2022
The average microphone import price stood at $12 per unit in 2022, rising by 2% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 42%. The import price peaked at $21 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($65 per unit), while the price for South Korea ($6.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Microphone Price in Mexico (FOB) - 2023
In August 2023, the average microphone export price amounted to $12.7 per unit, shrinking by -20.2% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 61% against the previous month. The export price peaked at $16.5 per unit in October 2022; however, from November 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the United States ($13.2 per unit), while the average price for exports to China totaled $3.0 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.1%).
Microphone Imports in Mexico
In 2022, overseas purchases of microphones and their stands decreased by -7.5% to 8.8M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of 9.5M units, and then shrank in the following year.
In value terms, microphone imports reduced to $106M in 2022. Overall, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports attained the maximum at $115M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Microphone in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.3 | 49.0 | 54.4 | 47.3 | -1.4% |
| United States | 23.2 | 13.8 | 15.8 | 18.8 | -6.8% |
| Japan | 11.8 | 7.8 | 10.9 | 9.6 | -6.6% |
| Vietnam | 1.3 | 2.1 | 6.3 | 5.9 | 65.6% |
| Philippines | 8.9 | 6.0 | 4.3 | 4.2 | -22.1% |
| South Korea | 0.8 | 1.0 | 1.0 | 1.3 | 17.6% |
| Others | 19.7 | 19.2 | 20.1 | 19.4 | -0.5% |
| Total | 115 | 98.8 | 113 | 106 | -2.7% |
Top Suppliers of Microphone to Mexico in 2022:
- China (6.7M units)
- United States (0.8M units)
- Philippines (0.4M units)
- South Korea (0.2M units)
- Vietnam (0.1M units)
- Japan (0.1M units)
Microphone Exports in Mexico
Microphone exports from Mexico skyrocketed to 6.8M units in 2022, increasing by 28% compared with the year before. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 51%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, microphone exports totaled $107M in 2022. In general, exports, however, showed a slight shrinkage. The exports peaked at $113M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Microphone in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 107 | 73.7 | 95.1 | 106 | -0.3% |
| Netherlands | N/A | 9.4 | 1.1 | N/A | -88.3% |
| Others | 5.7 | 6.7 | 1.3 | 1.4 | -37.4% |
| Total | 113 | 89.8 | 97.4 | 107 | -1.8% |
Top Export Markets for Microphone from Mexico in 2022:
- United States (6.6M units)
This report provides an in-depth analysis of the microphone 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 26404100 - Microphones and their stands (excluding cordless microphones with a transmitter)
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
369
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