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Mexico - Motors Of An Output Not Exceeding 37.5 W; Other Dc Motors And Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Mexico - Motors Of An Output Not Exceeding 37.5 W; Other Dc Motors And Dc Generators - Market Analysis, Forecast, Size, Trends and Insights

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Jul 5, 2023

Mexico's DC Motor Price Peaks at $27.6 per Unit

Mexico DC Motor Export Price in January 2023

In January 2023, the dc motor price amounted to $27.6 per unit (FOB, Mexico), with an increase of 41% against the previous month. Over the last eleven months, it increased at an average monthly rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($29.7 per unit), while the average price for exports to Canada ($5.8 per unit) was amongst the lowest.

From February 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

COUNTRYExport Price of DC Motor in Mexico (USD per unit)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
United States18.219.419.418.521.318.519.419.522.019.521.229.7
Brazil11.49.810.69.67.68.46.810.510.614.311.013.0
Canada7.25.76.15.26.25.14.96.26.85.95.95.8
Average18.418.918.117.319.817.418.819.822.520.219.627.6

Mexico DC Motor Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was electric motors and generators ($89,791 per unit), while the average price for exports of electric motors ($7.8 per unit) was amongst the lowest.

From February 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for the following types: electric motors and generators; DC, of an output exceeding 375kW (+10.3%), while the prices for the other products experienced more modest paces of growth.

Mexico DC Motor Exports

In January 2023, approximately 9.2M units of DC motors were exported from Mexico; dropping by -6.8% against the previous month's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 21% month-to-month. Over the period under review, the exports hit record highs at 11M units in August 2022; however, from September 2022 to January 2023, the exports failed to regain momentum.

In value terms, DC motor exports surged to $253M (IndexBox estimates) in January 2023. The total export value increased at an average monthly rate of +4.0% from February 2022 to January 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain months. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Mexico DC Motor Exports by Type

Electric motors (6.5M units) was the largest type of DC motor exported from Mexico, accounting for a 71% share of total exports. Moreover, electric motors exceeded the volume of the second product type, electric motors and generators (2.4M units), threefold. The third position in this ranking was taken by electric motors and generators (241K units), with a 2.6% share.

From February 2022 to January 2023, the average monthly rate of growth in terms of the volume of export of electric motors was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: electric motors and generators (-1.2% per month) and electric motors and generators (-2.4% per month).

In value terms, electric motors and generators ($186M) remains the largest type of DC motor exported from Mexico, comprising 74% of total exports. The second position in the ranking was held by electric motors ($51M), with a 20% share of total exports. It was followed by electric motors and generators, with a 5.4% share.

From February 2022 to January 2023, the average monthly growth rate of the export volume of electric motors and generators totaled +6.6%. With regard to the other exported products, the following average monthly rates of growth were recorded: electric motors (-0.6% per month) and electric motors and generators (-0.6% per month).

Mexico DC Motor Exports by Country

the United States (8.1M units) was the main destination for DC motor exports from Mexico, with a 89% share of total exports. Moreover, DC motor exports to the United States exceeded the volume sent to the second major destination, Canada (364K units), more than tenfold.

From February 2022 to January 2023, the average monthly rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (-1.4% per month) and Brazil (-0.3% per month).

In value terms, the United States ($242M) remains the key foreign market for DC motor exports from Mexico, comprising 96% of total exports. The second position in the ranking was taken by Brazil ($3.9M), with a 1.5% share of total exports.

From February 2022 to January 2023, the average monthly rate of growth in terms of value to the United States totaled +4.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Brazil (+0.9% per month) and Canada (-3.3% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dc motor 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 27111010 - Electric motors of an output . .37,5 W (including synchronous motors . .18 W, universal AC/DC motors, AC and DC motors)
  • Prodcom 27111030 - DC motors and generators of an output > .37,5 W but . .750 W (excluding starter motors for internal combustion engines)
  • Prodcom 27111053 -
  • Prodcom 27111055 -
  • Prodcom 27111070 - DC motors and generators of an output > .75 kW but . .375 kW (excluding starter motors for internal combustion engines)
  • Prodcom 27111090 - DC motors and generators of an output > .375 kW (excluding starter motors for internal combustion engines)

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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