Mexico - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRadio Receiver Price in Mexico - 2023
Contents:
- Radio Receiver Price in Mexico (FOB) - 2023
- Radio Receiver Price in Mexico (CIF) - 2023
- Radio Receiver Exports in Mexico
- Radio Receiver Imports in Mexico
Radio Receiver Price in Mexico (FOB) - 2023
In August 2023, the average radio receiver export price amounted to $231 per unit, increasing by 7.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices attained the maximum at $234 per unit in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was Brazil ($233 per unit), while the average price for exports to the United States totaled $231 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Radio Receiver Price in Mexico (CIF) - 2023
The average radio receiver import price stood at $13.0 per unit in August 2023, shrinking by -37.3% against the previous month. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in May 2023 an increase of 385% m-o-m. The import price peaked at $120 per unit in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($81.8 per unit), while the price for China stood at $7.2 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-7.2%).
Radio Receiver Exports in Mexico
In 2022, shipments abroad of radio receivers increased by 7.6% to 8.3M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the peak figure at 13M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, radio receiver exports expanded remarkably to $1.7B in 2022. In general, exports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Over the period under review, the exports attained the maximum at $1.9B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Radio Receiver in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,553 | 1,172 | 1,292 | 1,465 | -1.9% |
| Japan | 276 | N/A | 128 | 118 | -24.7% |
| Brazil | 51.5 | 0.2 | 105 | 87.4 | 19.3% |
| Others | 29.5 | 31.0 | 13.6 | 1.4 | -63.8% |
| Total | 1,909 | 1,204 | 1,539 | 1,672 | -4.3% |
Top Export Markets for Radio Receiver from Mexico in 2022:
- United States (7.6M units)
- Brazil (0.4M units)
- Japan (0.2M units)
Radio Receiver Imports in Mexico
In 2022, purchases abroad of radio receivers decreased by -12.7% to 5.4M units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 9.8% against the previous year. As a result, imports reached the peak of 8.1M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, radio receiver imports surged to $365M in 2022. Overall, imports showed a abrupt contraction. Over the period under review, imports hit record highs at $493M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Radio Receiver in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 215 | 148 | 119 | 152 | -10.9% |
| China | 161 | 122 | 104 | 103 | -13.8% |
| Hungary | 22.9 | 20.1 | 24.7 | 48.2 | 28.2% |
| Thailand | 8.9 | 20.7 | 34.6 | 31.2 | 51.9% |
| Malaysia | 26.1 | 5.6 | 9.8 | 7.2 | -34.9% |
| Germany | 35.3 | 28.5 | 9.3 | 0.8 | -71.7% |
| Others | 23.5 | 26.7 | 14.9 | 22.8 | -1.0% |
| Total | 493 | 372 | 317 | 365 | -9.5% |
Top Suppliers of Radio Receiver to Mexico in 2022:
- China (4258.1K units)
- United States (695.9K units)
- Hungary (157.2K units)
- Thailand (121.1K units)
- Malaysia (75.7K units)
- Germany (8.5K units)
This report provides an in-depth analysis of the radio receiver market 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
- Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
- Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.
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
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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
321
This report provides an in-depth analysis of the radio receiver market in Mexico.
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This report provides an in-depth analysis of the global radio receiver market.
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Global Portable Radio Market Report 2018. This report provides an in-depth analysis of the global portable radio market.
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This report provides an in-depth analysis of the global vehicle radio market.
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Global Mains-Operated Radio Receiver Market Report 2018. This report provides an in-depth analysis of the global mains-operated radio receiver market.
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This report provides an in-depth analysis of the radio receiver market in Mexico.
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This report provides an in-depth analysis of the portable radio market in Mexico.
83
Radio Receiver exports reached a peak of 846K units in March 2023. From April to December 2023, exports saw a slight decrease, with December figures totaling $153M in value.
117
In March 2023, exports of Radio Receivers reached their highest point at 846,000 units. Unfortunately, from April 2023 to October 2023, exports struggled to recover momentum. The value of radio receiver exports dropped to $176 million in October 2023.
281
In July 2022, the radio receiver price stood at $102 per unit (FOB, Mexico), declining by -18.8% against the previous month.
90
The Vehicle Radio exports reached a peak of 344K units in March 2023, then remained steady until December 2023. In terms of value, exports decreased sharply to $45M by December 2023.
103
During the review period, Vehicle Radio exports reached a peak of 344K units in March 2023 before stabilizing until October 2023. In terms of value, exports decreased to $48M in October 2023.
227
In January 2023, the vehicle radio price stood at $171 per unit (FOB, Mexico), falling by -10% against the previous month.
878
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
722
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
83
Radio Receiver exports reached a peak of 846K units in March 2023. From April to December 2023, exports saw a slight decrease, with December figures totaling $153M in value.
117
In March 2023, exports of Radio Receivers reached their highest point at 846,000 units. Unfortunately, from April 2023 to October 2023, exports struggled to recover momentum. The value of radio receiver exports dropped to $176 million in October 2023.
