Mexico: Seeder And Planter Market 2024

Seeder And Planter Market Size in Mexico

The Mexican seeder and planter market fell slightly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a pronounced decrease. Seeder and planter consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Seeder And Planter Production in Mexico

In value terms, seeder and planter production amounted to $X in 2022 estimated in export price. Overall, production saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Seeder and planter production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Seeder And Planter Exports

Exports from Mexico

Seeder and planter exports from Mexico contracted remarkably to X units in 2022, waning by X% against the previous year's figure. Over the period under review, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, seeder and planter exports shrank sharply to $X in 2022. In general, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for seeder and planter exports from Mexico, with a X% share of total exports. Moreover, seeder and planter exports to the United States exceeded the volume sent to the second major destination, Colombia (X units), more than tenfold.

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 ($X) remains the key foreign market for seeders, planters, transplanters exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average seeder and planter export price amounted to $X per unit, almost unchanged from the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign 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 Colombia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Seeder And Planter Imports

Imports into Mexico

In 2022, approx. X units of seeders, planters, transplanters were imported into Mexico; with a decrease of X% on the previous year. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, seeder and planter imports reduced to $X in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of seeder and planter to Mexico, with a X% share of total imports. Moreover, seeder and planter imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Italy (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of seeders, planters, transplanters to Mexico, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

In 2022, the average seeder and planter import price amounted to $X per unit, falling by X% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Italy ($X per unit), while the price for Spain ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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