Mexico - Wooden Furniture Of A Kind Used In The Kitchen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWooden Kitchen Furniture Price in Mexico - 2023
Contents:
- Wooden Kitchen Furniture Price in Mexico (FOB) - 2023
- Wooden Kitchen Furniture Price in Mexico (CIF) - 2023
- Wooden Kitchen Furniture Exports in Mexico
- Wooden Kitchen Furniture Imports in Mexico
Wooden Kitchen Furniture Price in Mexico (FOB) - 2023
The average wooden kitchen furniture export price stood at $74.1 per unit in June 2023, with an increase of 5% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 35% against the previous month. As a result, the export price reached the peak level of $84.1 per unit. From May 2023 to June 2023, the the average 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 June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.7% per month.
Wooden Kitchen Furniture Price in Mexico (CIF) - 2023
In June 2023, the average wooden kitchen furniture import price amounted to $88.0 per unit, which is down by -42.7% against the previous month. In general, the import price showed a abrupt slump. The pace of growth was the most pronounced in January 2023 when the average import price increased by 230% month-to-month. As a result, import price attained the peak level of $367 per unit. From February 2023 to June 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 Italy ($423 per unit), while the price for China ($31.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Wooden Kitchen Furniture Exports in Mexico
Wooden kitchen furniture exports from Mexico soared to 3.1M units in 2022, jumping by 34% compared with the previous year. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 101%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, wooden kitchen furniture exports surged to $219M in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 185% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Wooden Kitchen Furniture in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 46.4 | 52.6 | 151 | 219 | 67.7% |
| Others | 1.0 | 0.6 | 0.2 | 0.4 | -26.3% |
| Total | 47.5 | 53.1 | 151 | 219 | 66.4% |
Top Export Markets for Wooden Kitchen Furniture from Mexico in 2022:
- United States (3.1M units)
Wooden Kitchen Furniture Imports in Mexico
In 2022, imports of wooden furniture for kitchens into Mexico expanded notably to 64K units, surging by 7.7% on the year before. Over the period under review, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Imports peaked at 82K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, wooden kitchen furniture imports expanded markedly to $14M in 2022. Overall, imports, however, showed a abrupt decrease. Over the period under review, imports attained the peak figure at $18M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Wooden Kitchen Furniture in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.9 | 6.3 | 7.7 | 8.2 | -6.1% |
| Spain | 3.0 | 1.6 | 1.3 | 2.2 | -9.8% |
| United States | 0.6 | 0.7 | 1.1 | 1.5 | 35.7% |
| China | 2.0 | 0.8 | 1.1 | 1.0 | -20.6% |
| Germany | 1.5 | 1.2 | 0.8 | 0.6 | -26.3% |
| Brazil | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Vietnam | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Colombia | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| France | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 18.0 | 11.7 | 12.8 | 14.2 | -7.6% |
Top Suppliers of Wooden Kitchen Furniture to Mexico in 2022:
- China (26.9K units)
- Italy (14.0K units)
- United States (12.1K units)
- Brazil (4.3K units)
- Germany (2.2K units)
- Spain (2.0K units)
- Colombia (1.4K units)
- Vietnam (1.3K units)
This report provides an in-depth analysis of the wooden kitchen furniture 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 31021000 - Kitchen furniture
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
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