Mexico - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Insulator Price in Mexico - 2023
Contents:
- Electrical Insulator Price in Mexico (CIF) - 2023
- Electrical Insulator Price in Mexico (FOB) - 2023
- Electrical Insulator Imports in Mexico
- Electrical Insulator Exports in Mexico
Electrical Insulator Price in Mexico (CIF) - 2023
In August 2023, the average electrical insulator import price amounted to $301 per thousand units, which is down by -13.5% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 237% m-o-m. The import price peaked at $491 per thousand units in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($426 per thousand units), while the price for China ($189 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Electrical Insulator Price in Mexico (FOB) - 2023
The average electrical insulator export price stood at $130 per thousand units in August 2023, which is down by -4.3% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 261% month-to-month. Over the period under review, the average export prices attained the maximum at $143 per thousand units in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.3% per month.
Electrical Insulator Imports in Mexico
In 2022, purchases abroad of electrical insulators decreased by -0.1% to 284K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 3.4% against the previous year. As a result, imports attained the peak of 386K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, electrical insulator imports expanded to $110M in 2022. In general, imports continue to indicate a pronounced curtailment. Imports peaked at $121M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Electrical Insulator in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 57.6 | 56.6 | 54.7 | 51.5 | -3.7% |
China | 25.8 | 26.6 | 27.8 | 31.6 | 7.0% |
Japan | 11.7 | 11.9 | 8.4 | 7.8 | -12.6% |
Taiwan (Chinese) | 4.3 | 7.7 | 5.3 | 6.4 | 14.2% |
South Korea | 2.5 | N/A | 2.1 | 3.4 | 10.8% |
Germany | 4.2 | 2.7 | 1.7 | 3.1 | -9.6% |
Others | 14.7 | 7.3 | 5.9 | 6.1 | -25.4% |
Total | 121 | 113 | 106 | 110 | -3.1% |
Top Suppliers of Electrical Insulator to Mexico in 2022:
- China (108.8K units)
- Japan (60.7K units)
- Taiwan (Chinese) (39.0K units)
- United States (38.8K units)
- Germany (18.9K units)
- South Korea (4.7K units)
Electrical Insulator Exports in Mexico
In 2022, shipments abroad of electrical insulators increased by 23% to 143K units for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electrical insulator exports skyrocketed to $52M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Electrical Insulator in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 42.1 | 41.0 | 40.4 | 51.4 | 6.9% |
Others | 1.3 | 1.7 | 0.9 | 0.2 | -46.4% |
Total | 43.4 | 42.8 | 41.3 | 51.6 | 5.9% |
Top Export Markets for Electrical Insulator from Mexico in 2022:
- United States (142.4K units)
This report provides an in-depth analysis of the electrical insulator market 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 27901230 - Electrical insulators (excluding of glass or ceramics)
- Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
- Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the electrical insulator market in Mexico.
This report provides an in-depth analysis of the ceramic electrical insulator market in Mexico.
This report provides an in-depth analysis of the glass electrical insulator market in Mexico.
This report provides an in-depth analysis of the global electrical insulator market.
This report provides an in-depth analysis of the global ceramic electrical insulator market.
This report provides an in-depth analysis of the global glass electrical insulator market.
This report provides an in-depth analysis of the electrical insulator market in Mexico.
This report provides an in-depth analysis of the ceramic electrical insulator market in Mexico.
This report provides an in-depth analysis of the glass electrical insulator market in Mexico.
This report provides an in-depth analysis of the global electrical insulator market.
During the period analyzed, imports of Electrical Insulator peaked in November 2023, reaching a value of $9.5M.
During the period analyzed, imports of Electrical Insulator peaked in November 2023, reaching a value of $9.5M.