Mexico: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Mexico

In 2022, after four years of decline, there was significant growth in the Mexican photo-copying apparatus market, when its value increased by 67% to $X. Over the period under review, consumption, however, showed a noticeable slump. Photo-copying apparatus consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Photo-Copying Apparatus Exports

Exports from Mexico

In 2022, after three years of decline, there was significant growth in shipments abroad of photo-copying apparatus, when their volume increased by 175% to X units. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 448% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, photo-copying apparatus exports surged to $X in 2022. Over the period under review, exports posted a moderate increase. The pace of growth was the most pronounced in 2018 with an increase of 280% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for photo-copying apparatus exports from Mexico, accounting for a 95% share of total exports. Moreover, photo-copying apparatus exports to the United States exceeded the volume sent to the second major destination, Honduras (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +17.1%.

In value terms, the United States ($X) remains the key foreign market for photo-copying apparatus exports from Mexico, comprising 97% of total exports. The second position in the ranking was held by Honduras ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +7.1%.

Export Prices by Country

In 2022, the average photo-copying apparatus export price amounted to $X per unit, dropping by -5.6% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 44%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Honduras totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-2.3%).

Photo-Copying Apparatus Imports

Imports into Mexico

In 2022, photo-copying apparatus imports into Mexico skyrocketed to X units, jumping by 31% on 2021. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 83% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, photo-copying apparatus imports soared to $X in 2022. In general, imports, however, continue to indicate a perceptible reduction. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and Japan (X units) were the main suppliers of photo-copying apparatus imports to Mexico, together comprising 96% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +15.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest photo-copying apparatus suppliers to Mexico were China ($X), the United States ($X) and Japan ($X), with a combined 82% share of total imports.

Japan, with a CAGR of +3.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2022, picking up by 33% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :