Mexico: Gouges And Chisels Market 2024

Gouges And Chisels Market Size in Mexico

The Mexican gouges and chisels market fell modestly to $X in 2022, waning by X% against the previous year. Overall, consumption showed a mild decline. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Gouges And Chisels Production in Mexico

In value terms, gouges and chisels production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Gouges And Chisels Exports

Exports from Mexico

In 2022, approx. X tons of planes, chisels and gouges for working wood were exported from Mexico; with a decrease of X% compared with the previous year's figure. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gouges and chisels exports declined rapidly to $X in 2022. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for gouges and chisels exports from Mexico, with a X% share of total exports. It was followed by Cuba (X kg), with a X% share of total exports. Guatemala (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for planes, chisels and gouges for working wood exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Cuba ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cuba (X% per year) and El Salvador (X% per year).

Export Prices by Country

In 2022, the average gouges and chisels export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price showed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and El Salvador ($X per ton), while the average price for exports to Cuba ($X per ton) and Guatemala ($X per ton) 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 more modest paces of growth.

Gouges And Chisels Imports

Imports into Mexico

Gouges and chisels imports into Mexico reduced to X tons in 2022, dropping by X% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, gouges and chisels imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) was the main gouges and chisels supplier to Mexico, accounting for a X% share of total imports. It was followed by the United States (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of planes, chisels and gouges for working wood to Mexico, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average gouges and chisels import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.

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

Source: IndexBox Platform

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