Mexico - Clocks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico: Market for Instrument Panel And Wall Clocks 2024
Market Size for Instrument Panel And Wall Clocks in Mexico
The Mexican market for instrument panel and wall clocks reduced rapidly to $X in 2020, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption failed to regain momentum.
Exports of Instrument Panel And Wall Clocks
Exports from Mexico
In 2020, shipments abroad of instrument panel and wall clocks was finally on the rise to reach X units after three years of decline. Overall, exports, however, saw a deep reduction. The exports peaked at X units in 2014; however, from 2015 to 2020, the exports remained at a lower figure.
In value terms, instrument panel and wall clock exports soared to $X in 2020. Over the period under review, exports, however, saw a noticeable setback. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X units) was the main destination for instrument panel and wall clock exports from Mexico, with a X% share of total exports. Moreover, instrument panel and wall clock exports to the United States exceeded the volume sent to the second major destination, Switzerland (X units), more than tenfold. Guatemala (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2020, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Guatemala (X% per year).
In value terms, the United States ($X) remains the key foreign market for instrument panel and wall clocks exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.
From 2012 to 2020, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Guatemala (X% per year).
Export Prices by Country
In 2020, the average export price for instrument panel and wall clocks amounted to $X per unit, increasing by X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2020: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2020 and is expected to retain growth in the near future.
Average prices varied somewhat for the major export markets. In 2020, amid the top suppliers, the countries with the highest prices were Switzerland ($X per unit) and El Salvador ($X per unit), while the average price for exports to the United States ($X per unit) and Costa Rica ($X per unit) were amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.
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Imports of Instrument Panel And Wall Clocks
Imports into Mexico
In 2020, approx. X units of instrument panel and wall clocks were imported into Mexico; declining by X% against 2019 figures. In general, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2020, imports remained at a lower figure.
In value terms, instrument panel and wall clock imports declined notably to $X in 2020. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, Panama (X units) constituted the largest instrument panel and wall clock supplier to Mexico, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from Panama exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by the UK (X units), with a X% share.
From 2012 to 2020, the average annual growth rate of volume from Panama amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).
In value terms, China ($X) constituted the largest supplier of instrument panel and wall clocks to Mexico, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Italy, with a X% share.
From 2012 to 2020, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Italy (X% per year).
Import Prices by Country
In 2020, the average import price for instrument panel and wall clocks amounted to $X per unit, waning by X% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit, and then contracted remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was China ($X per unit), while the price for Panama (less than $X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for instrument panel and wall clock 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 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
- Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks
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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