Mexico - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Mexico - 2023
Contents:
- Smoothing Iron Price in Mexico (CIF) - 2023
- Smoothing Iron Price in Mexico (FOB) - 2022
- Smoothing Iron Imports in Mexico
- Smoothing Iron Exports in Mexico
Smoothing Iron Price in Mexico (CIF) - 2023
The average smoothing iron import price stood at $8.1 per unit in June 2023, waning by -14.5% against the previous month. Overall, the import price continues to indicate a mild setback. The pace of growth was the most pronounced in May 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $10.1 per unit in September 2022; however, from October 2022 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.4% per month.
Smoothing Iron Price in Mexico (FOB) - 2022
The average smoothing iron export price stood at $22 per unit in 2022, surging by 341% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $36 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +12.7% per year.
Smoothing Iron Imports in Mexico
In 2022, approx. 3.8M units of electric smoothing irons were imported into Mexico; increasing by 20% against the previous year's figure. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 200%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, smoothing iron imports skyrocketed to $36M in 2022. In general, imports, however, recorded a mild setback. Imports peaked at $38M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Smoothing Iron in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.1 | 26.0 | 25.9 | 35.0 | -0.1% |
| Others | 2.5 | 0.6 | 0.8 | 0.7 | -34.6% |
| Total | 37.6 | 26.6 | 26.7 | 35.7 | -1.7% |
Top Suppliers of Smoothing Iron to Mexico in 2022:
- China (3.8M units)
Smoothing Iron Exports in Mexico
In 2022, shipments abroad of electric smoothing irons decreased by -62.1% to 7.1K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, the exports attained the peak of 19K units, and then shrank significantly in the following year.
In value terms, smoothing iron exports skyrocketed to $152K in 2022. In general, exports faced a sharp reduction. Over the period under review, the exports hit record highs at $323K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Smoothing Iron in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 93.4 | 64.0 | 6.2 | 152 | 17.6% |
| Guatemala | 132 | 256 | 51.1 | N/A | -37.8% |
| El Salvador | 42.6 | N/A | 32.9 | N/A | -12.1% |
| Others | 40.5 | 3.4 | 1.0 | 0.9 | -71.9% |
| Total | 309 | 323 | 91.2 | 152 | -21.1% |
Top Export Markets for Smoothing Iron from Mexico in 2022:
- United States (64.1K units)
This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons
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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