
Mexico - Parts of Harvester and Threshers - Market Analysis, Forecast, Size, Trends and Insights
Mexico: Market for Parts Of Harvester And Threshers 2022
Market Size for Parts Of Harvester And Threshers in Mexico
The Mexican market for parts of harvester and threshers stood at $X in 2021, surging by 1.5% against the previous year. Over the period under review, consumption, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 3.8% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Production of Parts Of Harvester And Threshers in Mexico
In value terms, parts of harvester and threshers production totaled $X in 2021 estimated in export price. In general, production, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 4.7%. Parts of harvester and threshers production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Exports of Parts Of Harvester And Threshers
Exports from Mexico
In 2021, shipments abroad of parts of harvester and threshers increased by 88% to X units, rising for the fifth consecutive year after three years of decline. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, parts of harvester and threshers exports surged to $X in 2021. Overall, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
The United States (X units) was the main destination for parts of harvester and threshers exports from Mexico, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +9.7%.
In value terms, the United States ($X) also remains the key foreign market for parts of harvester and threshers exports from Mexico.
From 2012 to 2021, the average annual growth rate of value to the United States totaled +9.4%.
Export Prices by Country
In 2021, the average export price for parts of harvester and threshers amounted to $X per unit, surging by 5.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2016 when the average export price increased by 8.5%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +7.2% per year.
Imports of Parts Of Harvester And Threshers
Imports into Mexico
In 2021, imports of parts of harvester and threshers into Mexico skyrocketed to X units, rising by 43% compared with 2020. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.7% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, parts of harvester and threshers imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by 27%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.
Imports by Country
The United States (X units) and China (X units) were the main suppliers of parts of harvester and threshers imports to Mexico.
From 2012 to 2021, the biggest increases were in China (with a CAGR of +33.9%).
In value terms, the United States ($X) constituted the largest supplier of parts of harvester and threshers to Mexico, comprising 80% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports.
From 2012 to 2021, the average annual growth rate of value from the United States amounted to +1.1%.
Import Prices by Country
The average import price for parts of harvester and threshers stood at $X per unit in 2021, which is down by -12.1% against the previous year. Over the period under review, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 16% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.8%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for parts of harvester and threshers 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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