Mexico - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico's Accumulator Price Falls 8%, Averaging $5.8 per Unit
Mexico Accumulator Import Price in July 2022
In July 2022, the accumulator price stood at $5.8 per unit (CIF, Mexico), falling by -7.8% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 an increase of 11% m-o-m. The import price peaked at $6.3 per unit in June 2022, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was the United States ($12.5 per unit), while the price for China ($4.2 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Mexico Accumulator Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was lead-acid accumulators for starting piston engines ($45.9 per unit), while the price for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators ($5.2 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by starter battery (+1.2%), while the prices for the other products experienced more modest paces of growth.
Mexico Accumulator Imports
For the third month in a row, Mexico recorded growth in overseas purchases of electric accumulators, which increased by 2.2% to 50M units in July 2022. Over the period under review, total imports indicated prominent growth from January 2022 to July 2022: its volume increased at an average monthly rate of +7.5% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports increased by +2.0% against March 2022 indices. The pace of growth appeared the most rapid in March 2022 with an increase of 39% month-to-month. Over the period under review, imports hit record highs in July 2022.
In value terms, accumulator imports contracted to $290M (IndexBox estimates) in July 2022. In general, total imports indicated a strong increase from January 2022 to July 2022: its value increased at an average monthly rate of +8.0% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports increased by +58.9% against January 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 26% month-to-month. Imports peaked at 308M units in June 2022, and then contracted in the following month.
Mexico Accumulator Imports by Type
In July 2022, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators (49M units) was the main type of accumulator supplied to Mexico, accounting for a 98% share of total imports. It was followed by lead-acid accumulators (excluding starter batteries) (702K units), with a 1.4% share of total imports.
From January 2022 to July 2022, the average monthly growth rate of the volume of import of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators stood at +7.6%. With regard to the other supplied products, the following average monthly rates of growth were recorded: lead-acid accumulators (excluding starter batteries) (+4.2% per month) and lead-acid accumulators for starting piston engines (+3.6% per month).
In value terms, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators ($255M) constituted the largest type of accumulator supplied to Mexico, comprising 88% of total imports. The second position in the ranking was taken by lead-acid accumulators for starting piston engines ($19M), with a 6.4% share of total imports.
Mexico Accumulator Imports by Country
Poland (23M units), China (17M units) and South Korea (2.9M units) were the main suppliers of accumulator imports to Mexico, with a combined 86% share of total imports. These countries were followed by the United States, Germany, Japan and Malaysia, which together accounted for a further 12%.
From January 2022 to July 2022, the biggest increases were in Germany (with a CAGR of +24.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Poland ($139M), China ($71M) and the United States ($29M) appeared to be the largest accumulator suppliers to Mexico, together comprising 82% of total imports. These countries were followed by South Korea, Japan, Germany and Malaysia, which together accounted for a further 14%.
Germany, with a CAGR of +32.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the accumulator 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202210 -
- Prodcom 27202250 -
- Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
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
