Mexico - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Pneumatic or Hydraulic Hand Tool in Mexico - 2023
Contents:
- Price for Pneumatic or Hydraulic Hand Tool in Mexico (CIF) - 2023
- Price for Pneumatic or Hydraulic Hand Tool in Mexico (FOB) - 2023
- Imports of Pneumatic or Hydraulic Hand Tool in Mexico
- Exports of Pneumatic or Hydraulic Hand Tool in Mexico
Price for Pneumatic or Hydraulic Hand Tool in Mexico (CIF) - 2023
In June 2023, the average import price for pneumatic or hydraulic hand tools amounted to $82.1 per unit, dropping by -3.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 80% against the previous month. Over the period under review, average import prices attained the peak figure at $112 per unit in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($466 per unit), while the price for Taiwan (Chinese) ($55.7 per unit) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pneumatic or Hydraulic Hand Tool in Mexico (FOB) - 2023
The average export price for pneumatic or hydraulic hand tools stood at $91.7 per unit in June 2023, reducing by -5.3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average export price increased by 78% m-o-m. As a result, the export price reached the peak level of $130 per unit. From November 2022 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Guatemala ($135 per unit), while the average price for exports to Peru ($13.7 per unit) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pneumatic or Hydraulic Hand Tool in Mexico
In 2022, the amount of pneumatic or hydraulic hand tools imported into Mexico rose to 1.7M units, increasing by 4.5% compared with the previous year's figure. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 142%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, pneumatic or hydraulic hand tool imports rose sharply to $160M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Pneumatic or Hydraulic Hand Tool in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.0 | 51.4 | 78.8 | 84.8 | 20.1% |
| United States | 30.5 | 28.9 | 23.7 | 29.1 | -1.6% |
| Taiwan (Chinese) | 11.5 | 9.6 | 12.3 | 14.0 | 6.8% |
| Germany | 11.6 | 8.2 | 7.7 | 9.1 | -7.8% |
| Japan | 9.4 | 6.0 | 8.0 | 7.7 | -6.4% |
| Sweden | 4.6 | 2.0 | 2.8 | 4.2 | -3.0% |
| Others | 14.9 | 13.8 | 10.3 | 11.4 | -8.5% |
| Total | 131 | 120 | 144 | 160 | 6.9% |
Top Suppliers of Pneumatic or Hydraulic Hand Tool to Mexico in 2022:
- China (1318.7K units)
- United States (143.6K units)
- Taiwan (Chinese) (128.4K units)
- Japan (36.0K units)
- Germany (21.9K units)
- Sweden (19.3K units)
Exports of Pneumatic or Hydraulic Hand Tool in Mexico
In 2022, shipments abroad of pneumatic or hydraulic hand tools decreased by -49.4% to 611K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 236%. As a result, the exports reached the peak of 1.2M units, and then reduced markedly in the following year.
In value terms, pneumatic or hydraulic hand tool exports fell remarkably to $45M in 2022. Over the period under review, exports faced a precipitous slump. The smallest decline of -2.7% was in 2021. The exports peaked at $96M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pneumatic or Hydraulic Hand Tool in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 89.0 | 74.5 | 76.3 | 43.5 | -21.2% |
| Others | 6.6 | 6.2 | 2.2 | 1.8 | -35.2% |
| Total | 95.6 | 80.7 | 78.5 | 45.4 | -22.0% |
Top Export Markets for Pneumatic or Hydraulic Hand Tool from Mexico in 2022:
- United States (592.9K units)
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand 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 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
- Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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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