Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico - 2023

Contents:

  1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico (CIF) - 2022
  2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico (FOB) - 2022
  3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico
  4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $214,207 per unit in 2022, jumping by 50% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for casting machines; of a kind used in metallurgy or in metal foundrieses increased by +74.6% against 2019 indices. Over the period under review, average import prices reached the peak figure at $220,042 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($842,237 per unit), while the price for the United States ($91,074 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $11,697 per unit in 2022, increasing by 264% against the previous year. Overall, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2018 when the average export price increased by 4,155%. Over the period under review, the average export prices reached the maximum at $75,149 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +36.3% per year.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico

In 2022, after two years of decline, there was significant growth in supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses, when their volume increased by 20% to 219 units. Over the period under review, imports, however, saw a dramatic contraction. Imports peaked at 644 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $47M in 2022. Overall, imports, however, continue to indicate a abrupt descent. Over the period under review, imports of hit record highs at $79M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.94.86.629.031.0%
Italy25.411.18.76.6-36.2%
Switzerland7.55.5N/A5.9-7.7%
United States18.74.04.64.3-38.7%
Japan6.37.33.11.1-44.1%
South Korea3.0N/AN/AN/A0%
Others5.22.93.1N/A-22.8%
Total79.035.626.146.9-16.0%

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Mexico in 2022:

  1. China (144.0 units)
  2. United States (47.0 units)
  3. Italy (17.0 units)
  4. Switzerland (7.0 units)
  5. Japan (4.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico

In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Mexico soared to 68 units, picking up by 3,300% on 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $795K in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States35.615.36.1795181.6%
India201N/AN/AN/A0%
El SalvadorN/A3.2N/AN/A0%
SingaporeN/A0.1N/AN/A0%
Canada0.50.90.1N/A-55.3%
BrazilN/A6.7N/AN/A0%
OthersN/AN/A0.3N/A0%
Total23726.36.479549.7%

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Mexico in 2022:

  1. United States (68.0 units)

Source: IndexBox Market Intelligence Platform

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