Report Update Apr 1, 2024

Mexico - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Mexico

In 2021, the Mexican tungsten halogen lamp market increased by 12% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a pronounced reduction. Tungsten halogen lamp consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Tungsten Halogen Lamp Production in Mexico

In value terms, tungsten halogen lamp production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of 16%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Tungsten Halogen Lamp Exports

Exports from Mexico

After eight years of decline, overseas shipments of tungsten halogen lamps increased by 20% to X units in 2021. In general, exports, however, continue to indicate a sharp shrinkage. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a precipitous slump. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for tungsten halogen lamp exports from Mexico, with a approx. 111% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -15.6%.

In value terms, the United States ($X) also remains the key foreign market for tungsten halogen lamps exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -20.3%.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2021, rising by 3.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2017 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

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 Argentina amounted to -0.2% per year.

Tungsten Halogen Lamp Imports

Imports into Mexico

In 2021, purchases abroad of tungsten halogen lamps increased by 5% to X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 34% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, tungsten halogen lamp imports rose markedly to $X in 2021. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 40%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and South Korea (X units) were the main suppliers of tungsten halogen lamp imports to Mexico, with a combined 97% share of total imports. These countries were followed by the United States, Japan, Poland, Hungary and France, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +14.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), China ($X) and South Korea ($X) were the largest tungsten halogen lamp suppliers to Mexico, with a combined 68% share of total imports. These countries were followed by the United States, Japan, Poland, France and Hungary, which together accounted for a further 30%.

Among the main suppliers, Poland, with a CAGR of +14.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, surging by 7.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tungsten halogen lamps in the world?

The country with the largest volume of tungsten halogen lamp consumption was China, accounting for 32% of total volume. Moreover, tungsten halogen lamp consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 13% share.

What are the largest producers of tungsten halogen lamps in the world?

China constituted the country with the largest volume of tungsten halogen lamp production, accounting for 37% of total volume. Moreover, tungsten halogen lamp production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by the United States, with a 13% share.

What are the leading suppliers of tungsten halogen lamps to Mexico?

In value terms, the largest tungsten halogen lamp suppliers to Mexico were Germany, China and South Korea, with a combined 68% share of total imports. These countries were followed by the United States, Japan, Poland, France and Hungary, which together accounted for a further 30%.

What are the leading importers of tungsten halogen lamps from Mexico?

In value terms, the United States remains the key foreign market for tungsten halogen lamps exports from Mexico.

What is the average export price for tungsten halogen lamps in Mexico?

The average tungsten halogen lamp export price stood at $1.7 per unit in 2021, picking up by 3.5% against the previous year.

What is the average import price for tungsten halogen lamps in Mexico?

In 2021, the average tungsten halogen lamp import price amounted to $1.2 per unit, growing by 7.9% against the previous year.

This report provides an in-depth analysis of the tungsten halogen lamp 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 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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