Mexico - Ophthalmic Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Ophthalmic Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Ophthalmic Instruments Price in Mexico - 2023

Contents:

  1. Ophthalmic Instruments Price in Mexico (FOB) - 2023
  2. Ophthalmic Instruments Price in Mexico (CIF) - 2023
  3. Ophthalmic Instruments Exports in Mexico
  4. Ophthalmic Instruments Imports in Mexico

Ophthalmic Instruments Price in Mexico (FOB) - 2023

The average ophthalmic instruments export price stood at $853 per thousand units in June 2023, rising by 13% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in November 2022 an increase of 57% month-to-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 +1.2% per month.

Ophthalmic Instruments Price in Mexico (CIF) - 2023

In June 2023, the average ophthalmic instruments import price amounted to $5.2 per unit, with an increase of 16% against the previous month. In general, the import price enjoyed mild growth. The pace of growth appeared the most rapid in November 2022 an increase of 456% against the previous month. Over the period under review, average import prices reached the peak figure in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was France ($14.7 per unit), while the price for China ($1.2 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 Singapore (+180.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Ophthalmic Instruments Exports in Mexico

Ophthalmic instruments exports from Mexico reduced to 8.5M units in 2022, declining by -9.2% against the previous year's figure. Over the period under review, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. As a result, the exports attained the peak of 9.3M units, and then dropped in the following year.

In value terms, ophthalmic instruments exports declined to $71M in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%. Over the period under review, the exports attained the maximum at $89M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ophthalmic Instruments in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States88.068.573.371.1-6.9%
Others1.40.60.50.1-58.5%
Total89.469.173.871.3-7.3%

Top Export Markets for Ophthalmic Instruments from Mexico in 2022:

  1. United States (8.5M units)

Ophthalmic Instruments Imports in Mexico

In 2022, overseas purchases of ophthalmic instruments and appliances were finally on the rise to reach 17M units after two years of decline. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ophthalmic instruments imports surged to $52M in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% 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 +42.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ophthalmic Instruments in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.016.117.122.03.2%
Germany9.75.77.610.11.4%
Japan5.52.21.73.1-17.4%
China2.01.42.52.811.9%
South Korea0.90.61.31.723.6%
Italy2.61.40.91.6-14.9%
Singapore3.04.6N/A0.4-48.9%
Others6.04.26.610.119.0%
Total49.836.337.651.81.3%

Top Suppliers of Ophthalmic Instruments to Mexico in 2022:

  1. United States (9.1M units)
  2. China (3.9M units)
  3. Germany (1.0M units)
  4. Japan (0.7M units)
  5. Singapore (0.5M units)
  6. South Korea (0.4M units)
  7. Italy (0.3M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ophthalmic instruments 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 32501320 - Ophthalmic instruments and appliances

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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