Mexico - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in Mexico - 2023
Contents:
- Petroleum-Engine Cargo Trucks Price in Mexico (FOB) - 2023
- Petroleum-Engine Cargo Trucks Price in Mexico (CIF) - 2023
- Petroleum-Engine Cargo Trucks Exports in Mexico
- Petroleum-Engine Cargo Trucks Imports in Mexico
Petroleum-Engine Cargo Trucks Price in Mexico (FOB) - 2023
In June 2023, the average petroleum-engine cargo trucks export price amounted to $23,631 per unit, standing approximately at the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 29% month-to-month. Over the period under review, the average export prices attained the peak figure at $28,105 per unit in March 2023; afterwards, it flattened through to June 2023.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was the United States ($23,631 per unit), while the average price for exports to Canada totaled $23,631 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.9%).
Petroleum-Engine Cargo Trucks Price in Mexico (CIF) - 2023
In June 2023, the average petroleum-engine cargo trucks import price amounted to $28,464 per unit, rising by 2.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 11% m-o-m. As a result, import price attained the peak level of $31,034 per unit; afterwards, it flattened through to June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the United States ($28,857 per unit) and Brazil ($27,870 per unit), while the price for China ($27,870 per unit) and Japan ($27,870 per unit) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (-0.1%), while the prices for the other major suppliers experienced a decline.
Petroleum-Engine Cargo Trucks Exports in Mexico
Petroleum-engine cargo trucks exports from Mexico soared to 934K units in 2022, jumping by 27% on the previous year's figure. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, petroleum-engine cargo trucks exports rose sharply to $22.2B in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Petroleum-Engine Cargo Trucks in Mexico (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.7 | 15.4 | 18.8 | 20.6 | 5.2% |
Canada | 0.1 | 0.3 | 0.7 | 1.3 | 135.1% |
Others | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Total | 17.9 | 15.9 | 19.7 | 22.2 | 7.4% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Mexico in 2022:
- United States (865.8K units)
- Canada (54.5K units)
Petroleum-Engine Cargo Trucks Imports in Mexico
In 2022, supplies from abroad of goods vehicles, with spark-ignition internal combustion piston engine was finally on the rise to reach 50K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt slump. Imports peaked at 58K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, petroleum-engine cargo trucks imports soared to $1.4B in 2022. Over the period under review, imports recorded moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Petroleum-Engine Cargo Trucks in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 813 | 560 | 598 | 835 | 0.9% |
China | 2.0 | 6.0 | 43.8 | 375 | 472.4% |
Japan | 144 | 114 | 56.1 | 237 | 18.1% |
Thailand | 179 | N/A | N/A | N/A | 0% |
Brazil | 180 | 101 | N/A | N/A | -43.9% |
Others | 2.0 | 1.5 | 2.5 | 1.9 | -1.7% |
Total | 1,320 | 782 | 701 | 1,449 | 3.2% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Mexico in 2022:
- United States (28.1K units)
- China (13.0K units)
- Japan (8.5K units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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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In October 2022, exports of Petroleum-Engine Cargo Trucks reached their highest point at 103K units. However, from November 2022 to October 2023, the exports stayed at a lower figure. In terms of value, the exports of Petroleum-Engine Cargo Trucks soared to $2.7B in October 2023.
In September 2022, the exports of Petroleum-Engine Cargo Trucks reached a peak of 113K units. From October 2022 to June 2023, the exports remained at a slightly lower level. In terms of value, the exports amounted to $2.3B in June 2023.
In December 2022, the industry saw a 1.9% decrease in truck prices, bringing them to $27,388 per unit (FOB, Mexico), compared to the previous month.
Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
In October 2022, exports of Petroleum-Engine Cargo Trucks reached their highest point at 103K units. However, from November 2022 to October 2023, the exports stayed at a lower figure. In terms of value, the exports of Petroleum-Engine Cargo Trucks soared to $2.7B in October 2023.
In September 2022, the exports of Petroleum-Engine Cargo Trucks reached a peak of 113K units. From October 2022 to June 2023, the exports remained at a slightly lower level. In terms of value, the exports amounted to $2.3B in June 2023.
In December 2022, the industry saw a 1.9% decrease in truck prices, bringing them to $27,388 per unit (FOB, Mexico), compared to the previous month.
Explore the top import markets for trucks in 2023, including the United States, Canada, Germany, and more. Find out what drives the demand for trucks in these key countries.