Mexico: Market for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles 2024

Market Size for Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Mexico

In 2021, the Mexican market for road-sweepers, mobile workshops and other special purpose vehicles was finally on the rise to reach $X after five years of decline. Over the period under review, consumption, however, saw a deep reduction. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles in Mexico

In value terms, production of road-sweepers, mobile workshops and other special purpose vehicles contracted to $X in 2021 estimated in export price. In general, production, however, posted a mild expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 38%. Production of peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Exports from Mexico

In 2021, shipments abroad of road-sweepers, mobile workshops and other special purpose vehicles increased by 38% to X units, rising for the third consecutive year after three years of decline. Overall, exports, however, recorded a deep contraction. The growth pace was the most rapid in 2019 with an increase of 722%. Over the period under review, the exports of reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of road-sweepers, mobile workshops and other special purpose vehicles skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 668% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for exports of road-sweepers, mobile workshops and other special purpose vehicles from Mexico, accounting for a 60% share of total exports. Moreover, exports of road-sweepers, mobile workshops and other special purpose vehicles to Canada exceeded the volume sent to the second major destination, the United States (X units), fourfold. Nicaragua (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+17.2% per year) and Nicaragua (+11.2% per year).

In value terms, Canada ($X) remains the key foreign market for road-sweepers, mobile workshops and other special purpose vehicles exports from Mexico, comprising 62% of total exports. The second position in the ranking was taken by the United States ($X), with a 20% share of total exports. It was followed by Nicaragua, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.1% per year) and Nicaragua (+11.2% per year).

Export Prices by Country

In 2021, the average export price for road-sweepers, mobile workshops and other special purpose vehicles amounted to $X per unit, leveling off at the previous year. Overall, the export price, however, recorded mild growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 19%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Road-Sweepers, Mobile Workshops and Other Special Purpose Vehicles

Imports into Mexico

In 2021, the amount of road-sweepers, mobile workshops and other special purpose vehicles imported into Mexico skyrocketed to X units, with an increase of 109% on the year before. Overall, imports, however, saw a abrupt slump. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of road-sweepers, mobile workshops and other special purpose vehicles skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) was the main road-sweepers, mobile workshops and other special purpose vehicles supplier to Mexico, accounting for a 95% share of total imports. Moreover, imports of road-sweepers, mobile workshops and other special purpose vehicles from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -8.3%.

In value terms, the United States ($X) constituted the largest supplier of road-sweepers, mobile workshops and other special purpose vehicles to Mexico, comprising 83% of total imports. The second position in the ranking was held by Canada ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -11.9%.

Import Prices by Country

The average import price for road-sweepers, mobile workshops and other special purpose vehicles stood at $X per unit in 2021, which is down by -24.6% against the previous year. Overall, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2014 an increase of 90% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.9%).

Source: IndexBox Platform

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