Mexico: Facsimile Machine Market 2022

Facsimile Machine Market Size in Mexico

The Mexican facsimile machine market dropped to $X in 2021, flattening at the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Facsimile Machine Production in Mexico

In value terms, facsimile machine production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Facsimile machine production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Facsimile Machine Exports

Exports from Mexico

After three years of growth, overseas shipments of facsimile machines decreased by -X% to X tons in 2021. Overall, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, facsimile machine exports skyrocketed to $X in 2021. In general, exports, however, posted a perceptible expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for facsimile machine exports from Mexico, accounting for a X% share of total exports. Moreover, facsimile machine exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -X%.

In value terms, the United States ($X) remains the key foreign market for facsimile machine exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +X%.

Export Prices by Country

The average facsimile machine export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%).

Facsimile Machine Imports

Imports into Mexico

In 2021, purchases abroad of facsimile machines increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, facsimile machine imports soared to $X in 2021. Over the period under review, imports, however, recorded a slight descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest facsimile machine supplier to Mexico, with a X% share of total imports. Moreover, facsimile machine imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. The third position in this ranking was held by Vietnam (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Vietnam (+X% per year).

In value terms, China ($X) constituted the largest supplier of facsimile machine to Mexico, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Vietnam, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Vietnam (-X% per year).

Import Prices by Country

In 2021, the average facsimile machine import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, facsimile machine import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Indonesia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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