Mexico - Air Conditioning Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Mexico - Air Conditioning Machines - Market Analysis, Forecast, Size, Trends and Insights

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Apr 27, 2023

Mexico Air Conditioning Unit Prices Drop 6% to $611

Mexico Air Conditioning Machine Export Price in December 2022

In December 2022, the air conditioning machine price amounted to $611 per unit (FOB, Mexico), which is down by -5.9% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when the average export price increased by 14% month-to-month. The export price peaked at $650 per unit in November 2022, and then dropped in the following month.

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

From February 2022 to December 2022, the rate of growth in terms of prices for the United States amounted to +0.7% per month.

COUNTRYFeb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022
Export Price of Air Conditioning Machine in Mexico (USD per unit)
United States568552545544621544605552625648607
Average568552545544621544605551626650611

Mexico Air Conditioning Machine Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In December 2022, the product with the highest price was air conditioning machines with refrigeration unit ($809 per unit), while the average price for exports of window or wall air conditioning systems, self-contained or split-systems ($120 per unit) was amongst the lowest.

From February 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for the following types: air conditioner (+2.1%), while the prices for the other products experienced a decline.

Mexico Air Conditioning Machine Exports

In December 2022, shipments abroad of air conditioning machines increased by 26% to 411K units for the first time since September 2022, thus ending a two-month declining trend. The total export volume increased at an average monthly rate of +1.6% over the period from February 2022 to December 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The exports peaked at 438K units in September 2022; afterwards, it flattened through to December 2022.

In value terms, air conditioning machine exports surged to $251M (IndexBox estimates) in December 2022. The total export value increased at an average monthly rate of +2.4% from February 2022 to December 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in August 2022 when exports increased by 26% m-o-m. As a result, the exports reached the peak of $257M. From September 2022 to December 2022, the growth of the exports failed to regain momentum.

Mexico Air Conditioning Machine Exports by Type

Air conditioning machines with refrigeration unit (264K units) was the largest type of air conditioning machine exported from Mexico, with a 64% share of total exports. Moreover, air conditioning machines with refrigeration unit exceeded the volume of the second product type, air conditioning machines for motor vehicles (62K units), fourfold. Window or wall air conditioning systems, self-contained or split-systems (58K units) ranked third in terms of total exports with a 14% share.

From February 2022 to December 2022, the average monthly growth rate of the volume of export of air conditioning machines with refrigeration unit was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: air conditioning machines for motor vehicles (-0.5% per month) and window or wall air conditioning systems, self-contained or split-systems (+9.9% per month).

In value terms, air conditioning machines with refrigeration unit ($214M) remains the largest type of air conditioning machine exported from Mexico, comprising 85% of total exports. The second position in the ranking was taken by air conditioning machines without refrigeration unit ($20M), with a 7.8% share of total exports. It was followed by air conditioning machines for motor vehicles, with a 4.2% share.

From February 2022 to December 2022, the average monthly growth rate of the export volume of air conditioning machines with refrigeration unit totaled +2.4%. With regard to the other exported products, the following average monthly rates of growth were recorded: air conditioning machines without refrigeration unit (+6.8% per month) and air conditioning machines for motor vehicles (-2.4% per month).

Mexico Air Conditioning Machine Exports by Country

the United States (410K units) was the main destination for air conditioning machine exports from Mexico, accounting for a approximately 100% share of total exports.

From February 2022 to December 2022, the average monthly growth rate of volume to the United States totaled +1.6%.

In value terms, the United States ($249M) also remains the key foreign market for air conditioning machine exports from Mexico.

From February 2022 to December 2022, the average monthly rate of growth in terms of value to the United States totaled +2.3%.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the air conditioning machine 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems
  • Prodcom 28251240 - Air conditioning machines of a kind used in motor vehicles
  • Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
  • Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units

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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