Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico (CIF) - 2023
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico (FOB) - 2023
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico (CIF) - 2023

In October 2023, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $14,268 per ton, shrinking by -18.2% against the previous month. In general, the import price recorded a mild setback. The pace of growth appeared the most rapid in April 2023 an increase of 160% against the previous month. As a result, import price reached the peak level of $48,500 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($70,741 per ton), while the price for Germany ($3,129 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+185.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico (FOB) - 2023

In September 2023, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $26,588 per ton, with an increase of 5.7% against the previous month. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in February 2023 an increase of 30% month-to-month. Over the period under review, the average export prices attained the maximum in September 2023.

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

From November 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +10.6% per month.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into Mexico rose notably to 738 tons, growing by 5.8% on the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 882 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $16M in 2022. Overall, imports, however, showed a abrupt decline.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.74.95.36.22.8%
Spain2.53.31.82.95.1%
Germany3.22.91.82.7-5.5%
China0.92.71.01.928.3%
Italy2.42.21.81.4-16.4%
Canada0.90.30.20.2-39.4%
Brazil1.30.90.70.1-57.5%
Others1.12.70.50.2-43.3%
Total18.219.913.115.7-4.8%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Mexico in 2022:

  1. United States (389.0 tons)
  2. Spain (121.8 tons)
  3. China (113.4 tons)
  4. Germany (64.5 tons)
  5. Italy (35.6 tons)
  6. Brazil (5.8 tons)
  7. Canada (5.7 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico

Exports of machinery; parts of machinery for making or finishing paper or paperboard from Mexico shrank remarkably to 198 tons in 2022, falling by -37.5% compared with the previous year's figure. In general, exports faced a significant contraction. The smallest decline of -12.2% was in 2021.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard contracted remarkably to $3M in 2022. Over the period under review, exports recorded a sharp contraction.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.89.64.22.9-45.4%
Others1.00.3N/AN/A-70.0%
Total18.710.04.23.0-45.7%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Mexico in 2022:

  1. United States (197.4 tons)

Source: IndexBox Market Intelligence Platform

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