Mexico - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fuel or Lubricating Pump in Mexico - 2023
Contents:
- Price for Fuel or Lubricating Pump in Mexico (FOB) - 2023
- Price for Fuel or Lubricating Pump in Mexico (CIF) - 2022
- Exports of Fuel or Lubricating Pump in Mexico
- Imports of Fuel or Lubricating Pump in Mexico
Price for Fuel or Lubricating Pump in Mexico (FOB) - 2023
In June 2023, the average fuel or lubricating pump export price amounted to $45.5 per unit, reducing by -1.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 11% m-o-m. As a result, the export price attained the peak level of $48.9 per unit. From May 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($46.1 per unit), while the average price for exports to Canada ($26.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%), while the prices for the other major destinations experienced a decline.
Price for Fuel or Lubricating Pump in Mexico (CIF) - 2022
In 2022, the average fuel or lubricating pump import price amounted to $2.6 per unit, flattening at the previous year. Over the period under review, the import price faced a dramatic downturn. The growth pace was the most rapid in 2014 when the average import price increased by 10%. As a result, import price reached the peak level of $30 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($5.5 per unit), while the price for Brazil ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-14.6%), while the prices for the other major suppliers experienced a decline.
Exports of Fuel or Lubricating Pump in Mexico
In 2022, shipments abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines was finally on the rise to reach 36M units after two years of decline. Over the period under review, exports, however, faced a deep reduction. The exports peaked at 50M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, fuel or lubricating pump exports rose rapidly to $1.1B in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fuel or Lubricating Pump in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 918 | 795 | 904 | 998 | 2.8% |
| Brazil | 30.1 | 20.0 | 18.8 | 24.9 | -6.1% |
| Canada | 20.9 | 18.0 | 8.7 | 17.2 | -6.3% |
| Others | 55.4 | 43.0 | 45.7 | 57.6 | 1.3% |
| Total | 1,024 | 876 | 977 | 1,098 | 2.4% |
Top Export Markets for Fuel or Lubricating Pump from Mexico in 2022:
- United States (33.0M units)
- Brazil (0.9M units)
- Canada (0.7M units)
Imports of Fuel or Lubricating Pump in Mexico
In 2022, imports of fuel, lubricating or cooling-medium pumps for internal combustion engines into Mexico expanded significantly to 289M units, growing by 10% on 2021 figures. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 107%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fuel or lubricating pump imports expanded significantly to $739M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fuel or Lubricating Pump in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 348 | 263 | 258 | 293 | -5.6% |
| China | 82.4 | 88.5 | 132 | 135 | 17.9% |
| Germany | 68.5 | 52.4 | 59.0 | 60.7 | -3.9% |
| Canada | 63.6 | 57.5 | 47.7 | 56.9 | -3.6% |
| South Korea | 37.1 | 24.5 | 38.3 | 39.2 | 1.9% |
| Japan | 29.7 | 28.2 | 34.2 | 35.0 | 5.6% |
| Brazil | 22.9 | 17.6 | 24.2 | 24.7 | 2.6% |
| Others | 72.4 | 56.4 | 87.8 | 95.0 | 9.5% |
| Total | 725 | 588 | 681 | 739 | 0.6% |
Top Suppliers of Fuel or Lubricating Pump to Mexico in 2022:
- China (106.6M units)
- United States (73.6M units)
- Germany (22.6M units)
- Brazil (22.0M units)
- Canada (19.9M units)
- South Korea (11.8M units)
- Japan (6.3M units)
This report provides an in-depth analysis of the market for fuel or lubricating pump 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 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
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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