Mexico: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Mexico

In 2022, the Mexican printers and copying machines market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption saw a perceptible downturn. Printers and copying machines consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Printers, Copying Machines And Facsimile Machines in Mexico

In value terms, printers and copying machines production reduced to $X in 2022 estimated in export price. Overall, production recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Printers and copying machines production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Printers, Copying Machines And Facsimile Machines

Exports from Mexico

In 2022, after two years of growth, there was significant decline in shipments abroad of printers, copying machines and facsimile machines, when their volume decreased by X% to X units. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then declined in the following year.

In value terms, printers and copying machines exports expanded rapidly to $X in 2022. In general, exports recorded a noticeable setback. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for printers and copying machines exports from Mexico, with a X% share of total exports. It was followed by Colombia (X units), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) remains the key foreign market for printers, copying machines and facsimile machines exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with less than X% share of total exports.

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

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to the United States amounted to $X per unit.

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

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Mexico

In 2022, purchases abroad of printers, copying machines and facsimile machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, printers and copying machines imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest printers and copying machines supplier to Mexico, with a X% share of total imports. Moreover, printers and copying machines imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), fivefold. The third position in this ranking was taken by Vietnam (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of printers, copying machines and facsimile machines to Mexico, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

The average printers and copying machines import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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