Mexico - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights

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Industrial Robot Price in Mexico - 2023

Contents:

  1. Industrial Robot Price in Mexico (CIF) - 2022
  2. Industrial Robot Price in Mexico (FOB) - 2023
  3. Industrial Robot Imports in Mexico
  4. Industrial Robot Exports in Mexico

Industrial Robot Price in Mexico (CIF) - 2022

In 2022, the average industrial robot import price amounted to $34,485 per unit, dropping by -12.2% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% against the previous year. The import price peaked at $39,278 per unit in 2021, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($35,054 per unit) and Austria ($35,054 per unit), while the price for Denmark ($26,105 per unit) and Italy ($35,053 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Industrial Robot Price in Mexico (FOB) - 2023

The average industrial robot export price stood at $7,137 per unit in June 2023, increasing by 10% against the previous month. In general, the export price, however, showed a mild downturn. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 81% month-to-month. Over the period under review, the average export prices reached the maximum at $12,041 per unit in February 2023; afterwards, it flattened through to June 2023.

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

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -1.0% per month.

Industrial Robot Imports in Mexico

In 2022, approx. 5.2K units of industrial robots for multiple uses were imported into Mexico; rising by 53% against 2021 figures. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial robot imports skyrocketed to $180M in 2022. Overall, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Industrial Robot in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan54.347.753.567.37.4%
South Korea4.16.918.222.977.4%
China26.18.412.018.7-10.5%
United States17.612.814.218.00.8%
Germany15.010.911.715.20.4%
Denmark10.24.46.98.7-5.2%
Sweden7.75.93.66.9-3.6%
Italy5.63.74.05.4-1.2%
Austria5.43.54.05.2-1.3%
France5.63.83.35.1-3.1%
Spain4.32.90.33.0-11.3%
Others1.96.52.63.826.0%
Total1581171341804.4%

Top Suppliers of Industrial Robot to Mexico in 2022:

  1. Japan (1921.0 units)
  2. South Korea (654.0 units)
  3. China (535.0 units)
  4. United States (514.0 units)
  5. Germany (433.0 units)
  6. Denmark (332.0 units)
  7. Sweden (198.0 units)
  8. Italy (154.0 units)
  9. Austria (149.0 units)
  10. France (147.0 units)
  11. Spain (86.0 units)

Industrial Robot Exports in Mexico

In 2022, the amount of industrial robots for multiple uses exported from Mexico surged to 1.5K units, rising by 212% compared with the year before. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial robot exports surged to $79M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 226%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Industrial Robot in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.639.024.276.587.5%
China0.80.30.41.523.3%
Others0.63.3N/A0.75.3%
Total13.142.624.678.781.8%

Top Export Markets for Industrial Robot from Mexico in 2022:

  1. United States (1475.0 units)
  2. China (30.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial robot 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 28993935 - Industrial robots for multiple uses (excluding robots designed to perform a specific function (e.g. lifting, handling, loading or unloading))

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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