Mexico - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico - 2023
Contents:
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico (FOB) - 2023
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico (CIF) - 2023
- Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico
- Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico (FOB) - 2023
The average export price for lead-acid accumulators (excluding starter batteries) stood at $181 per unit in June 2023, increasing by 22% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 24% month-to-month. Over the period under review, the average export prices attained the peak figure at $217 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.
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Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico (CIF) - 2023
The average import price for lead-acid accumulators (excluding starter batteries) stood at $31.2 per unit in June 2023, which is down by -20.6% against the previous month. Over the period under review, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 61% m-o-m. The import price peaked at $52.2 per unit in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($109 per unit), while the price for China ($12.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico
In 2022, exports of lead-acid accumulators (excluding starter batteries) from Mexico contracted modestly to 1.7M units, dropping by -3% compared with 2021 figures. In general, exports showed a drastic downturn. Over the period under review, the exports reached the peak figure at 2.9M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lead-acid accumulators (excluding starter batteries) exports reached $283M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 242 | 218 | 272 | 280 | 5.0% |
| Others | 5.4 | 2.9 | 1.6 | 2.1 | -27.0% |
| Total | 247 | 221 | 273 | 283 | 4.6% |
Top Export Markets for Lead-Acid Accumulators (Excluding Starter Batteries) from Mexico in 2022:
- United States (1651.7K units)
Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico
In 2022, the amount of lead-acid accumulators (excluding starter batteries) imported into Mexico totaled 7.5M units, picking up by 4.7% compared with 2021 figures. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 356%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, lead-acid accumulators (excluding starter batteries) imports totaled $190M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Lead-Acid Accumulators (Excluding Starter Batteries) in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 94.0 | 83.5 | 99.1 | 94.6 | 0.2% |
| China | 42.8 | 37.5 | 60.5 | 60.5 | 12.2% |
| Vietnam | 6.9 | 7.1 | 9.1 | 12.2 | 20.9% |
| Taiwan (Chinese) | 3.2 | 2.4 | 3.2 | 3.0 | -2.1% |
| Others | 14.5 | 12.2 | 11.5 | 19.5 | 10.4% |
| Total | 161 | 143 | 183 | 190 | 5.7% |
Top Suppliers of Lead-Acid Accumulators (Excluding Starter Batteries) to Mexico in 2022:
- China (5.3M units)
- United States (1.2M units)
- Vietnam (0.7M units)
- Taiwan (Chinese) (0.1M units)
This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) 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 27202200 - Lead-acid accumulators (excluding starter batteries)
- Prodcom 27202230 -
- Prodcom 27202240 -
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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