Report Mexico - Wiring Sets Used in Vehicles, Aircraft or Ships - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 12, 2023

Mexico - Wiring Sets Used in Vehicles, Aircraft or Ships - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Market for Wiring sets used in vehicles, aircraft or ships 2023

Market Size for Wiring sets used in vehicles, aircraft or ships in Mexico

In 2021, the Mexican market for wiring sets used in vehicles, aircraft or ships decreased by -29.3% to $X, falling for the second year in a row after six years of growth. Overall, consumption recorded a mild decrease. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Wiring sets used in vehicles, aircraft or ships in Mexico

In value terms, production of wiring sets used in vehicles, aircraft or ships totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by 20%. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth failed to regain momentum.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Mexico

In 2021, approx. X tons of wiring sets used in vehicles, aircraft or ships were exported from Mexico; rising by 77% on 2020 figures. In general, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, exports of wiring sets used in vehicles, aircraft or ships soared to $X in 2021. The total export value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +2.3%.

In value terms, the United States ($X) also remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +4.9%.

Export Prices by Country

The average export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2021, which is down by -31% against the previous year. In general, the export price, however, continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2016 an increase of 51%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +2.5% per year.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Mexico

For the fourth year in a row, Mexico recorded growth in supplies from abroad of wiring sets used in vehicles, aircraft or ships, which increased by 75% to X tons in 2021. In general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of 6,904,612% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, imports of wiring sets used in vehicles, aircraft or ships surged to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 78% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest wiring sets used in vehicles, aircraft or ships supplier to Mexico, accounting for a 85% share of total imports. Moreover, imports of wiring sets used in vehicles, aircraft or ships from the United States exceeded the figures recorded by the second-largest supplier, Nicaragua (X tons), more than tenfold. The third position in this ranking was held by Honduras (X tons), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (+16.3% per year) and Honduras (+12.0% per year).

In value terms, the United States ($X) constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to Mexico, comprising 57% of total imports. The second position in the ranking was taken by Nicaragua ($X), with a 19% share of total imports. It was followed by Honduras, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Nicaragua (+18.1% per year) and Honduras (+15.2% per year).

Import Prices by Country

The average import price for wiring sets used in vehicles, aircraft or ships stood at $X per kg in 2021, falling by -19.8% against the previous year. Overall, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 5,207,984% against the previous year. As a result, import price attained the peak level of $X per kg. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the Philippines ($X per kg), while the price for the United States ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wiring sets used in vehicles, aircraft or ships in the world?
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China remains the largest wiring sets used in vehicles, aircraft or ships consuming country worldwide, accounting for 21% of total volume. Moreover, consumption of wiring sets used in vehicles, aircraft or ships in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with an 8.6% share.
What are the largest producers of wiring sets used in vehicles, aircraft or ships in the world?
+
China remains the largest wiring sets used in vehicles, aircraft or ships producing country worldwide, comprising approx. 22% of total volume. Moreover, production of wiring sets used in vehicles, aircraft or ships in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by the United States, with an 8% share.
What are the leading suppliers of wiring sets used in vehicles, aircraft or ships to Mexico?
+
In value terms, the United States constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to Mexico, comprising 57% of total imports. The second position in the ranking was held by Nicaragua, with a 19% share of total imports. It was followed by Honduras, with a 9.4% share.
What are the leading importers of wiring sets used in vehicles, aircraft or ships from Mexico?
+
In value terms, the United States remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from Mexico.
What is the average export price for wiring sets used in vehicles, aircraft or ships in Mexico?
+
In 2021, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $22,517 per ton, reducing by -31% against the previous year.
What is the average import price for wiring sets used in vehicles, aircraft or ships in Mexico?
+
In 2021, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $8 per kg, reducing by -19.8% against the previous year.

This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
Country coverage:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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