Mexico: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in Mexico

In 2022, the Mexican market for machinery for filtering or purifying gases increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Machinery for Filtering or Purifying Gases in Mexico

In value terms, production of machinery for filtering or purifying gases reached $X in 2022 estimated in export price. Overall, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Machinery for Filtering or Purifying Gases

Exports from Mexico

In 2022, exports of machinery for filtering or purifying gases from Mexico rose to X units, surging by X% against 2021. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of machinery for filtering or purifying gases stood at $X in 2022. Over the period under review, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of machinery for filtering or purifying gases from Mexico, accounting for a X% share of total exports. It was followed by China (X units), with a X% share of total exports. The third position in this ranking was taken by Canada (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Canada (X% per year).

In value terms, the United States ($X) remains the key foreign market for machinery for filtering or purifying gases exports from Mexico, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average export price for machinery for filtering or purifying gases amounted to $X per unit, approximately equating the previous year. In general, the export price faced a abrupt decline. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Canada ($X per unit), while the average price for exports to China ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, 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.

Imports of Machinery for Filtering or Purifying Gases

Imports into Mexico

Imports of machinery for filtering or purifying gases into Mexico surged to X units in 2022, with an increase of X% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machinery for filtering or purifying gases soared to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

In 2022, the United States (X units) constituted the largest machinery for filtering or purifying gases supplier to Mexico, accounting for a X% share of total imports. Moreover, imports of machinery for filtering or purifying gases from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Canada (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Canada (X% per year).

In value terms, the United States ($X) constituted the largest supplier of machinery for filtering or purifying gases to Mexico, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Canada (X% per year).

Import Prices by Country

The average import price for machinery for filtering or purifying gases stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Africa ($X per unit) and Canada ($X per unit), while the price for China ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :