Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico - 2023

Contents:

  1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico (CIF) - 2022
  2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico (FOB) - 2022
  3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico
  4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico (CIF) - 2022

In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $14 per unit, with an increase of 12% against the previous year. Over the period under review, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2014 an increase of 137%. The import price peaked at $42 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Germany ($41 per unit), while the price for Poland ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico (FOB) - 2022

In 2022, the average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $8.1 per unit, dropping by -21.3% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 686%. The export price peaked at $114 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14 per unit), while the average price for exports to Guatemala ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.3%), while the prices for the other major destinations experienced a decline.

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico

In 2022, after three years of growth, there was significant decline in purchases abroad of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, when their volume decreased by -21.7% to 1.2M units. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 43%. As a result, imports attained the peak of 1.6M units, and then shrank dramatically in the following year.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s contracted to $17M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $20M, and then contracted in the following year.

Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.97.37.56.84.8%
China2.12.54.23.417.4%
Germany2.61.72.62.93.7%
Japan1.71.51.91.6-2.0%
France0.80.70.80.80.0%
Poland0.40.60.80.40.0%
Hungary0.40.20.40.40.0%
Others2.72.11.61.1-25.9%
Total16.716.619.817.41.4%

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Mexico in 2022:

  1. United States (612.1K units)
  2. Poland (205.8K units)
  3. China (161.7K units)
  4. Germany (69.8K units)
  5. France (57.5K units)
  6. Japan (53.6K units)
  7. Hungary (22.9K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico

For the fourth consecutive year, Mexico recorded growth in overseas shipments of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, which increased by 120% to 135K units in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s soared to $1.1M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7054844647813.5%
Guatemala70.294.881.322347.0%
Colombia57.764.344.463.33.1%
Costa Rica12.213.58.55.0-25.7%
Others99.087.436.023.5-38.1%
Total9447446341,0955.1%

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Mexico in 2022:

  1. Guatemala (69.2K units)
  2. United States (55.0K units)
  3. Colombia (7.5K units)
  4. Costa Rica (1.5K units)

Source: IndexBox Market Intelligence Platform

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