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Mexico - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Mexico - Industrial Robots For Multiple Uses - Market Analysis, Forecast, Size, Trends And Insights

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May 23, 2023

Industrial Robot Price in Mexico Grows Slightly to $33,584 per Unit

Mexico Industrial Robot Import Price in January 2023

In January 2023, the industrial robot price amounted to $33,584 per unit (CIF, Mexico), remaining relatively unchanged against the previous month. Overall, import price indicated moderate growth from February 2022 to January 2023: its price increased at an average monthly rate of +2.1% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, industrial robot import price increased by +67.7% against October 2022 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 41% against the previous month. Over the period under review, average import prices reached the maximum at $40,634 per unit in April 2022; however, from May 2022 to January 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was Austria ($86,118 per unit), while the price for China ($19,320 per unit) was amongst the lowest.

From February 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Industrial Robot in Mexico (USD per unit)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Austria36,98150,44743,12741,34830,202< 0.148,64566,519< 0.147,137< 0.186,118
United States34,65237,43188,31522,17723,47982,13129,96742,69230,96742,97669,79356,415
Sweden30,69523,07616,63137,45623,138< 0.1< 0.119,188< 0.1< 0.140,20442,204
Denmark25,45023,89025,03226,45928,83325,40427,49828,65652,77139,11522,83031,632
Germany26,997234,74190,833118,55377,35626,86117,80226,85420,77653,62121,37130,669
Japan24,58325,81032,28524,78622,08717,49430,38024,27428,38028,91430,17329,552
China21,96414,33815,6448,98016,44726,84826,44423,7969,0737,67730,78719,320
Average26,71033,73840,63426,52225,69426,11129,19927,60420,03123,62033,40333,584

Mexico Industrial Robot Imports

In January 2023, after three months of growth, there was significant decline in purchases abroad of industrial robots for multiple uses, when their volume decreased by -22.5% to 652 units. In general, total imports indicated a remarkable increase from February 2022 to January 2023: its volume increased at an average monthly rate of +5.7% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, imports decreased by -22.5% against December 2022 indices. The pace of growth appeared the most rapid in March 2022 when imports increased by 60% against the previous month. Over the period under review, imports hit record highs at 841 units in December 2022, and then shrank significantly in the following month.

In value terms, industrial robot imports contracted rapidly to $22M (IndexBox estimates) in January 2023. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in March 2022 with an increase of 102% against the previous month. Imports peaked at 28M units in December 2022, and then fell rapidly in the following month.

Mexico Industrial Robot Imports by Country

In January 2023, Japan (309 units) constituted the largest industrial robot supplier to Mexico, accounting for a 47% share of total imports. Moreover, industrial robot imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (82 units), fourfold. The third position in this ranking was taken by China (79 units), with a 12% share.

From February 2022 to January 2023, the average monthly growth rate of volume from Japan totaled +8.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (+1.2% per month) and China (+8.3% per month).

In value terms, the largest industrial robot suppliers to Mexico were Japan ($9.1M), the United States ($4.6M) and Germany ($2.3M), with a combined 73% share of total imports.

Germany, with a CAGR of +14.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial robot 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 28993935 - Industrial robots for multiple uses (excluding robots designed to perform a specific function (e.g. lifting, handling, loading or unloading))

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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