Mexico - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hand-Operated Drilling, Threading or Tapping Tool in Mexico - 2023
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Mexico (CIF) - 2023
- Price for Hand-Operated Drilling, Threading or Tapping Tool in Mexico (FOB) - 2022
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in Mexico
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in Mexico
Price for Hand-Operated Drilling, Threading or Tapping Tool in Mexico (CIF) - 2023
In October 2023, the average import price for hand-operated drilling, threading or tapping tools amounted to $25,679 per ton, approximately reflecting the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 7.2% against the previous month. Over the period under review, average import prices attained the peak figure in October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the countries with the highest prices were India ($25,679 per ton) and the United States ($25,679 per ton), while the price for China ($25,679 per ton) and Germany ($25,679 per ton) were amongst the lowest.
From January 2023 to October 2023, the most notable rate of growth in terms of prices was attained by India (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Drilling, Threading or Tapping Tool in Mexico (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $25,735 per ton, picking up by 30% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hand-operated drilling, threading or tapping tools decreased by -24.3% against 2019 indices. Over the period under review, the average export prices reached the peak figure at $33,997 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Nicaragua ($25,747 per ton) and Peru ($25,737 per ton), while the average price for exports to Guatemala ($25,717 per ton) and Ecuador ($25,723 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Drilling, Threading or Tapping Tool in Mexico
In 2022, approx. 131 tons of hand-operated drilling, threading or tapping tools were imported into Mexico; picking up by 84% on the previous year. In general, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hand-operated drilling, threading or tapping tools surged to $3.1M in 2022. Over the period under review, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hand-Operated Drilling, Threading or Tapping Tool in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 657 | 728 | 812 | 1,104 | 18.9% |
| United States | 646 | 551 | 584 | 800 | 7.4% |
| Germany | 51.5 | 25.6 | 27.3 | 602 | 126.9% |
| Taiwan (Chinese) | 167 | 205 | 286 | 344 | 27.2% |
| Spain | 234 | 228 | 48.5 | 197 | -5.6% |
| India | 78.5 | 55.2 | 102 | 79.2 | 0.3% |
| Others | 61.2 | 42.4 | 18.5 | 19.3 | -31.9% |
| Total | 1,894 | 1,835 | 1,878 | 3,146 | 18.4% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to Mexico in 2022:
- China (46.1 tons)
- United States (33.4 tons)
- Germany (25.1 tons)
- Taiwan (Chinese) (14.4 tons)
- Spain (8.2 tons)
- India (3.3 tons)
Exports of Hand-Operated Drilling, Threading or Tapping Tool in Mexico
In 2022, exports of hand-operated drilling, threading or tapping tools from Mexico fell dramatically to 31 tons, reducing by -36.9% on the previous year. Overall, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of 195% against the previous year. As a result, the exports attained the peak of 48 tons, and then contracted rapidly in the following year.
In value terms, exports of hand-operated drilling, threading or tapping tools shrank markedly to $787K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +60.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of $959K, and then dropped rapidly in the following year.
| Export of Hand-Operated Drilling, Threading or Tapping Tool in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 62.4 | 42.3 | 720 | 548 | 106.3% |
| Colombia | 92.2 | 103 | 141 | 139 | 14.7% |
| Peru | 146 | 144 | 78.7 | 47.6 | -31.2% |
| Guatemala | 63.3 | 66.4 | 14.7 | 17.2 | -35.2% |
| Ecuador | 42.6 | 44.3 | N/A | 14.8 | -29.7% |
| Cuba | 52.4 | 6.9 | 0.3 | 2.5 | -63.7% |
| Others | 152 | 83.4 | 3.9 | 18.6 | -50.4% |
| Total | 611 | 490 | 959 | 787 | 8.8% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from Mexico in 2022:
- United States (21.3 tons)
- Colombia (5.4 tons)
- Peru (1.9 tons)
- Guatemala (0.7 tons)
- Ecuador (0.6 tons)
- Cuba (0.1 tons)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
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.
-
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
-
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
-
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
-
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
-
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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