Mexico - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ballast for Discharge Lamp in Mexico - 2023
Contents:
- Price for Ballast for Discharge Lamp in Mexico (CIF) - 2023
- Price for Ballast for Discharge Lamp in Mexico (FOB) - 2023
- Imports of Ballast for Discharge Lamp in Mexico
- Exports of Ballast for Discharge Lamp in Mexico
Price for Ballast for Discharge Lamp in Mexico (CIF) - 2023
In August 2023, the average ballast for discharge lamp import price amounted to $15.7 per unit, with an increase of 6.4% against the previous month. Over the period under review, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in October 2022 an increase of 49% month-to-month. Over the period under review, average import prices hit record highs at $21.0 per unit in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($21.9 per unit), while the price for China ($12.6 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ballast for Discharge Lamp in Mexico (FOB) - 2023
In August 2023, the average ballast for discharge lamp export price amounted to $9.6 per unit, surging by 7.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 14% month-to-month. The export price peaked in 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 the United States amounted to +1.9% per month.
Imports of Ballast for Discharge Lamp in Mexico
In 2022, imports of ballasts for discharge lamps or tubes into Mexico contracted to 4.7M units, waning by -5.8% on the previous year. Over the period under review, imports faced a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 3.8%. Imports peaked at 6.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, ballast for discharge lamp imports skyrocketed to $80M in 2022. In general, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $80M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ballast for Discharge Lamp in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.3 | 22.4 | 36.0 | 46.3 | 17.8% |
| United States | 19.9 | 14.6 | 16.2 | 15.4 | -8.2% |
| Germany | 10.8 | 7.7 | 9.6 | 9.9 | -2.9% |
| Spain | 6.4 | 7.4 | 0.3 | 4.7 | -9.8% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.9 | 1.5 | 95.7% |
| Romania | 13.1 | 10.2 | 1.4 | 1.4 | -52.5% |
| Others | 1.7 | 1.0 | 0.7 | 0.8 | -22.2% |
| Total | 80.4 | 63.6 | 65.2 | 79.9 | -0.2% |
Top Suppliers of Ballast for Discharge Lamp to Mexico in 2022:
- China (2981.2K units)
- United States (891.2K units)
- Germany (461.8K units)
- Spain (173.6K units)
- Romania (93.1K units)
- Taiwan (Chinese) (88.0K units)
Exports of Ballast for Discharge Lamp in Mexico
In 2022, exports of ballasts for discharge lamps or tubes from Mexico reduced to 6.8M units, with a decrease of -9.1% compared with the previous year's figure. Overall, exports recorded a abrupt contraction. The smallest decline of -4.2% was in 2021. The exports peaked at 12M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ballast for discharge lamp exports reduced to $50M in 2022. Over the period under review, exports saw a dramatic contraction. Over the period under review, the exports reached the peak figure at $109M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Ballast for Discharge Lamp in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 108 | 67.2 | 56.2 | 50.1 | -22.6% |
| Others | 1.8 | 0.7 | 0.2 | 0.1 | -61.8% |
| Total | 109 | 67.9 | 56.4 | 50.2 | -22.8% |
Top Export Markets for Ballast for Discharge Lamp from Mexico in 2022:
- United States (6.8M units)
This report provides an in-depth analysis of the market for ballast for discharge lamp 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 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
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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Between 2015 and 2023, the growth of imports for Ballast For Discharge Lamp saw a decrease, with the value dropping rapidly to $59M in 2023.
134
In June 2022, imports of Ballast for Discharge Lamp reached a peak of 483K units. However, from July 2022 to June 2023, imports remained at a slightly lower level. In terms of value, the imports of Ballast for Discharge Lamp significantly increased to $6.2M in June 2023.
189
In December of 2022, the cost of ballast for discharge lamps was recorded at $17.3 per unit (CIF, Mexico) - a 2.9% increase compared to the previous month.
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In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
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In 2016, the amount of ballast for discharge lamp imported worldwide stood at X tons, coming up by X% against the previous year level. In general, ballast for discharge lamp imports continue to i...
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Global exports of ballasts for discharge lamps showed a consistent decline from 2012 to 2015, amounting to X million USD in 2015. Exports fluctuated mildly before that. There was an annual increase of -X% t
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Germany was one of the leaders in the global trade of ballasts for discharge lamps or tubes. In 2014, Germany exported X thousand tons of ballasts for discharge lamps or tubes totaling X million USD, X% under the previous year. Its primary trading
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