Mexico - Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unmounted Tool Inserts, Sticks or Plates in Mexico - 2023
Contents:
- Price for Unmounted Tool Inserts, Sticks or Plates in Mexico (CIF) - 2023
- Price for Unmounted Tool Inserts, Sticks or Plates in Mexico (FOB) - 2023
- Imports of Unmounted Tool Inserts, Sticks or Plates in Mexico
- Exports of Unmounted Tool Inserts, Sticks or Plates in Mexico
Price for Unmounted Tool Inserts, Sticks or Plates in Mexico (CIF) - 2023
In October 2023, the average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $294K per ton, with an increase of 22% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 35% against the previous month. As a result, import price attained the peak level of $327K per ton. From March 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 Sweden ($708K per ton), while the price for China ($125K per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Unmounted Tool Inserts, Sticks or Plates in Mexico (FOB) - 2023
The average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $41,303 per ton in October 2023, reducing by -58.5% against the previous month. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in December 2022 an increase of 31% month-to-month. The export price peaked at $109K per ton in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Germany ($120K per ton), while the average price for exports to the United States stood at $39,515 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.5%).
Imports of Unmounted Tool Inserts, Sticks or Plates in Mexico
In 2022, the amount of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips imported into Mexico soared to 791 tons, rising by 31% compared with 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips rose notably to $200M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Unmounted Tool Inserts, Sticks or Plates in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 44.8 | 32.3 | 39.8 | 45.0 | 0.1% |
Japan | 38.3 | 30.1 | 36.5 | 38.9 | 0.5% |
Germany | 26.1 | 19.8 | 25.4 | 26.3 | 0.3% |
Israel | 21.3 | 16.8 | 20.0 | 21.6 | 0.5% |
Sweden | 17.7 | 12.6 | 15.5 | 18.7 | 1.8% |
South Korea | 8.6 | 7.4 | 10.0 | 11.8 | 11.1% |
China | 6.9 | 5.9 | 7.0 | 7.6 | 3.3% |
Others | 25.4 | 21.4 | 27.0 | 30.3 | 6.1% |
Total | 189 | 146 | 181 | 200 | 1.9% |
Top Suppliers of Unmounted Tool Inserts, Sticks or Plates to Mexico in 2022:
- United States (236.4 tons)
- Japan (193.6 tons)
- Germany (105.7 tons)
- South Korea (80.7 tons)
- China (59.5 tons)
- Sweden (26.0 tons)
- Israel (23.1 tons)
Exports of Unmounted Tool Inserts, Sticks or Plates in Mexico
Exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips from Mexico expanded to 456 tons in 2022, increasing by 4.1% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 267%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips expanded slightly to $37M in 2022. Overall, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year.
Export of Unmounted Tool Inserts, Sticks or Plates in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 37.7 | 20.6 | 33.7 | 36.6 | -1.0% |
Germany | 5.4 | 2.6 | 0.9 | 0.3 | -61.8% |
China | N/A | 2.2 | 0.8 | N/A | -63.6% |
Others | 1.8 | 1.0 | 0.4 | N/A | -52.9% |
Total | 44.9 | 26.4 | 35.8 | 37.0 | -6.2% |
Top Export Markets for Unmounted Tool Inserts, Sticks or Plates from Mexico in 2022:
- United States (453.0 tons)
- Germany (2.7 tons)
This report provides an in-depth analysis of the market for unmounted tool inserts, sticks or plates 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 25736067 - Indexable inserts for tools, unmounted, of sintered metal carbides and cermets
- Prodcom 25736090 - Unmounted sintered metal carbides or cermet plates, sticks, t ips and the like for tools (excluding indexable inserts)
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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