Rangefinders Price in Mexico - 2023

Contents:

1. Rangefinders Price in Mexico (CIF) - 2022
2. Rangefinders Price in Mexico (FOB) - 2023
3. Rangefinders Imports in Mexico
4. Rangefinders Exports in Mexico

Rangefinders Price in Mexico (CIF) - 2022

In 2022, the average rangefinders import price amounted to $51 per unit, with an increase of 32% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rangefinders import price decreased by -9.5% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 89% against the previous year. As a result, import price attained the peak level of $86 per unit. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($1,128 per unit), while the price for the United States ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+269.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Rangefinders Price in Mexico (FOB) - 2023

In June 2023, the average rangefinders export price amounted to $187 per unit, jumping by 16% against the previous month. Over the period under review, the export price, however, showed a deep downturn. The export price peaked at $254 per unit in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

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

From March 2023 to June 2023, the rate of growth in terms of prices for the United States amounted to -9.7% per month.

Rangefinders Imports in Mexico

In 2022, approx. 48K units of rangefinderses were imported into Mexico; declining by -34.2% on 2021. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 183%. As a result, imports attained the peak of 73K units, and then contracted sharply in the following year.

In value terms, rangefinders imports contracted to $2.5M in 2022. Overall, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 79%. As a result, imports attained the peak of $2.8M, and then reduced in the following year.

Top Suppliers of Rangefinders to Mexico in 2022:

1. China (28.5K units)
2. United States (16.3K units)
3. Germany (2.1K units)
4. Malaysia (1.0K units)
5. Hungary (0.2K units)

Rangefinders Exports in Mexico

In 2022, shipments abroad of rangefinderses decreased by -7% to 80 units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 856% against the previous year. As a result, the exports attained the peak of 16K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, rangefinders exports reduced markedly to $2K in 2022. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 675% against the previous year. As a result, the exports reached the peak of $297K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Rangefinders from Mexico in 2022:

1. United States (56.0 units)
2. Canada (15.0 units)
3. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform