Mexico - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Mexico - 2023
Contents:
- Non-Electric Industrial Furnace Price in Mexico (CIF) - 2022
- Non-Electric Industrial Furnace Price in Mexico (FOB) - 2023
- Non-Electric Industrial Furnace Imports in Mexico
- Non-Electric Industrial Furnace Exports in Mexico
Non-Electric Industrial Furnace Price in Mexico (CIF) - 2022
The average non-electric industrial furnace import price stood at $760 per unit in 2022, rising by 9.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($760 per unit) and China ($760 per unit), while the price for Italy ($760 per unit) and Germany ($760 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Mexico (FOB) - 2023
The average non-electric industrial furnace export price stood at $191K per unit in June 2023, remaining stable against the previous month. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 84% against the previous month. The export price peaked in June 2023.
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 +31.2% per month.
Non-Electric Industrial Furnace Imports in Mexico
In 2022, overseas purchases of non-electric industrial or laboratory furnaces and ovens increased by 97% to 68K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt shrinkage. Imports peaked at 126K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-electric industrial furnace imports surged to $52M in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at $82M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Non-Electric Industrial Furnace in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.5 | 8.1 | 17.5 | 26.0 | 10.1% |
| China | 5.2 | 0.5 | 1.0 | 14.6 | 41.1% |
| Spain | 5.1 | 0.5 | 2.6 | 4.9 | -1.3% |
| Italy | 7.8 | 8.9 | 2.4 | 3.2 | -25.7% |
| Germany | 38.4 | 4.1 | 0.3 | 2.8 | -58.2% |
| Canada | 4.8 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 2.0 | N/A | N/A | 100.0% |
| Total | 81.8 | 24.1 | 23.8 | 51.5 | -14.3% |
Top Suppliers of Non-Electric Industrial Furnace to Mexico in 2022:
- United States (34.2K units)
- China (19.2K units)
- Spain (6.5K units)
- Italy (4.3K units)
- Germany (3.7K units)
Non-Electric Industrial Furnace Exports in Mexico
For the third consecutive year, Mexico recorded decline in shipments abroad of non-electric industrial or laboratory furnaces and ovens, which decreased by -71.7% to 2.9K units in 2022. Overall, exports saw a sharp downturn. The smallest decline of -6.6% was in 2020. The exports peaked at 12K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-electric industrial furnace exports declined significantly to $1.7M in 2022. Over the period under review, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 3.9% against the previous year. As a result, the exports reached the peak of $6.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Non-Electric Industrial Furnace in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 6.2 | 6.1 | 1.5 | -37.0% |
| Guatemala | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 6.2 | 6.1 | 1.7 | -34.3% |
Top Export Markets for Non-Electric Industrial Furnace from Mexico in 2022:
- United States (2.7K units)
- Guatemala (0.2K units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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
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