Latest Report Update: Dec 30, 2019

Mexico - Household Washing And Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Washing Machine Market Overview 2020

Washing Machine Market Size in Mexico

The revenue of the washing machine market in Mexico amounted to $X in 2018, going down by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the washing machine market attained its peak figure level at $X in 2017, and then declined slightly in the following year.

Washing Machine Production in Mexico

In value terms, washing machine production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a tangible increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, washing machine production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when production volume increased by X% y-o-y. Washing machine production peaked at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Washing Machine Exports

Exports from Mexico

Washing machine exports from Mexico stood at X units in 2018, jumping by X% against the previous year. Over the period under review, washing machine exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, washing machine exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, washing machine exports totaled $X in 2018. Over the period under review, washing machine exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked in 2018 and are likely to continue its growth in the near future.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to the U.S. stood at +X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. stood at +X%.

Export Prices by Country

In 2018, the average washing machine export price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the washing machine export price continues to indicate a noticeable deduction. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for household washing and drying machines attained their maximum at $X per unit in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per unit), while the average price for exports to Canada totaled $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Washing Machine Imports

Imports into Mexico

Washing machine imports into Mexico totaled X units in 2018, lowering by -X% against the previous year. In general, washing machine imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, washing machine imports attained their peak figure at X units in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, washing machine imports amounted to $X in 2018. Overall, washing machine imports continue to indicate a drastic drop. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, washing machine imports reached their peak figure at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units) constituted the largest supplier of washing machine to Mexico, with a X% share of total imports. Moreover, washing machine imports from the U.S. exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and China (-X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of washing machine to Mexico, comprising X% of total washing machine imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and China (-X% per year).

Import Prices by Country

In 2018, the average washing machine import price amounted to $X per unit, jumping by X% against the previous year. Overall, the washing machine import price, however, continues to indicate a drastic deduction. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for household washing and drying machines attained their maximum at $X per unit in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was South Korea ($X per unit), while the price for the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27511300 - Cloth washing and drying machines, of the household type

This report provides an in-depth analysis of the washing machine 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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