Price for Textile Machinery; Spinning Machines in Mexico - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Mexico (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Mexico
Price for Textile Machinery; Spinning Machines in Mexico (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $4,903 per unit, rising by 36% against the previous year. Overall, the import price, however, recorded a deep reduction. The growth pace was the most rapid in 2014 an increase of 100% against the previous year. Over the period under review, average import prices attained the peak figure at $28,565 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($269,828 per unit), while the price for the United States ($1,183 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.4%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Machinery; Spinning Machines in Mexico
After two years of decline, overseas purchases of textile machinery; spinning machineses increased by 2,325% to 1.4K units in 2022. Overall, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, textile machinery; spinning machines imports surged to $6.8M in 2022. In general, imports, however, faced a deep reduction. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | N/A | 0.2 | 4.9 | 101.4% |
| Germany | 6.3 | 3.2 | N/A | 1.9 | -32.9% |
| India | 3.5 | 2.6 | N/A | N/A | -25.7% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 10.4 | 6.3 | 0.2 | 6.8 | -13.2% |
Top Suppliers of Textile Machinery; Spinning Machines to Mexico in 2022:
- China (1374.0 units)
- Germany (7.0 units)
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