Mexico: Non-Electric Air Heater Market 2023

Non-Electric Air Heater Market Size in Mexico

The Mexican non-electric air heater market fell to $X in 2022, waning by -14.7% against the previous year. Over the period under review, consumption, however, showed a strong increase. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Non-Electric Air Heater Production in Mexico

In value terms, non-electric air heater production shrank to $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 70% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Non-Electric Air Heater Exports

Exports from Mexico

In 2022, overseas shipments of non-electric air heaters or hot air distributors decreased by -2.1% to X units, falling for the fourth consecutive year after seven years of growth. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 151%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-electric air heater exports expanded sharply to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 122%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for non-electric air heater exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +11.6%.

In value terms, the United States ($X) also remains the key foreign market for non-electric air heaters or hot air distributors exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +12.2%.

Export Prices by Country

In 2022, the average non-electric air heater export price amounted to $X per unit, increasing by 15% against the previous year. Overall, the export price recorded mild growth. The most prominent rate of growth was recorded in 2019 an increase of 154%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.6% per year.

Non-Electric Air Heater Imports

Imports into Mexico

In 2022, the amount of non-electric air heaters or hot air distributors imported into Mexico dropped markedly to X units, with a decrease of -48% compared with the previous year. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 216%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, non-electric air heater imports shrank markedly to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 138% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) was the main supplier of non-electric air heater to Mexico, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +19.6%.

In value terms, the United States ($X) constituted the largest supplier of non-electric air heaters or hot air distributors to Mexico.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +19.2%.

Import Prices by Country

In 2022, the average non-electric air heater import price amounted to $X per unit, waning by -1.9% against the previous year. In general, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.8%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, 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 the United States amounted to -0.4% per year.

Source: IndexBox Platform

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