Mexico - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in Mexico - 2023
Contents:
- Machinery for Packing Price in Mexico (CIF) - 2022
- Machinery for Packing Price in Mexico (FOB) - 2023
- Machinery for Packing Imports in Mexico
- Machinery for Packing Exports in Mexico
Machinery for Packing Price in Mexico (CIF) - 2022
In 2022, the average machinery for packing import price amounted to $769 per unit, reducing by -3.7% against the previous year. Overall, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2014 an increase of 6% against the previous year. As a result, import price attained the peak level of $982 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($769 per unit) and the United States ($769 per unit), while the price for Italy ($769 per unit) and Spain ($769 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-1.8%), while the prices for the other major suppliers experienced a decline.
Machinery for Packing Price in Mexico (FOB) - 2023
In August 2023, the average machinery for packing export price amounted to $19,237 per unit, with an increase of 2,355% against the previous month. In general, the export price posted a significant increase. Over the period under review, the average export prices reached the peak figure at $35,459 per unit in September 2022; afterwards, it flattened through to August 2023.
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 +21.1% per month.
Machinery for Packing Imports in Mexico
In 2022, the amount of machinery for packing or wrapping imported into Mexico rose markedly to 300K units, surging by 12% compared with the year before. The total import volume increased at an average annual rate of +14.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, machinery for packing imports expanded remarkably to $231M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 38%. As a result, imports reached the peak of $237M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Machinery for Packing in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 50.6 | 53.1 | 56.4 | 83.0 | 17.9% |
United States | 29.5 | 41.0 | 41.1 | 51.1 | 20.1% |
Germany | 32.6 | 74.2 | 68.1 | 40.2 | 7.2% |
China | 9.7 | 8.4 | 12.1 | 15.1 | 15.9% |
Spain | 8.9 | 10.2 | 9.1 | 7.3 | -6.4% |
Switzerland | 5.4 | 15.2 | 8.2 | 7.0 | 9.0% |
Netherlands | 3.9 | 4.2 | 2.8 | 5.3 | 10.8% |
Japan | 6.0 | 1.9 | 3.4 | 4.0 | -12.6% |
Others | 24.7 | 28.9 | 13.2 | 17.7 | -10.5% |
Total | 171 | 237 | 215 | 231 | 10.5% |
Top Suppliers of Machinery for Packing to Mexico in 2022:
- Italy (108.0K units)
- United States (66.5K units)
- Germany (52.3K units)
- China (19.6K units)
- Spain (9.4K units)
- Switzerland (9.1K units)
- Netherlands (6.9K units)
- Japan (5.2K units)
Machinery for Packing Exports in Mexico
In 2022, overseas shipments of machinery for packing or wrapping decreased by -17.6% to 11K units, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports attained the peak of 17K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, machinery for packing exports dropped notably to $11M in 2022. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, the exports attained the peak of $19M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Machinery for Packing in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.5 | 8.4 | 15.8 | 11.1 | -8.5% |
Chile | N/A | 6.5 | N/A | N/A | 0% |
Others | 0.8 | 3.7 | 0.2 | N/A | -50.0% |
Total | 15.3 | 18.6 | 16.0 | 11.1 | -10.1% |
Top Export Markets for Machinery for Packing from Mexico in 2022:
- United States (10.6K units)
This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
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
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