Mexico: Non-Lawn Mower Market 2024

Non-Lawn Mower Market Size in Mexico

In 2022, the Mexican non-lawn mower market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a mild expansion 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Lawn Mower Production in Mexico

In value terms, non-lawn mower production declined modestly to $X in 2022 estimated in export price. In general, production recorded a slight curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Non-Lawn Mower Exports

Exports from Mexico

In 2022, after three years of growth, there was significant decline in shipments abroad of non-lawn mowers and cutter bars, when their volume decreased by X% to X units. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then declined notably in the following year.

In value terms, non-lawn mower exports declined significantly to $X in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

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

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

In value terms, the United States ($X) also remains the key foreign market for non-lawn mowers and cutter bars exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%.

Export Prices by Country

In 2022, the average non-lawn mower export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 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 X% per year.

Non-Lawn Mower Imports

Imports into Mexico

Non-lawn mower imports into Mexico amounted to X units in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-lawn mower imports rose notably to $X in 2022. In general, imports, however, continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of non-lawn mower to Mexico, with a X% share of total imports. Moreover, non-lawn mower imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of non-lawn mowers and cutter bars to Mexico, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average non-lawn mower import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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