Mexico - Television Receivers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMexico's Television Receiver Exports Experience a Slight Decline, Reaching $10.6 Billion in 2023
Mexico Television Receiver Exports
For the fourth year in a row, Mexico recorded decline in shipments abroad of television receivers, which decreased by -3.4% to 33M units in 2023. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 39% against the previous year. As a result, the exports attained the peak of 90M units. From 2016 to 2023, the growth of the exports failed to regain momentum.
In value terms, television receiver exports contracted to $10.6B (IndexBox estimates) in 2023. In general, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. The exports peaked at $16.1B in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
| COUNTRY | Export Value of Television Receiver in Mexico (billion USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 13.3 | 13.4 | 13.8 | 10.5 | 10.4 | 9.7 | 10.3 | 10.7 | 12.7 | 10.9 | 9.5 |
| Canada | 0.9 | 0.8 | 0.7 | 0.5 | 0.5 | 0.6 | 0.5 | 0.4 | 0.1 | N/A | 0.5 |
| Colombia | 0.6 | 0.6 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.3 | 0.4 | 0.3 |
| Chile | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.3 | 0.2 | 0.2 | 0.3 | 0.1 | 0.1 |
| Peru | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 |
| Others | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.2 |
| Total | 16.0 | 16.0 | 16.1 | 12.3 | 12.3 | 11.8 | 12.1 | 12.1 | 13.9 | 11.8 | 10.6 |
Exports by Country
the United States (30M units) was the main destination for television receiver exports from Mexico, with a 90% share of total exports. Moreover, television receiver exports to the United States exceeded the volume sent to the second major destination, Canada (1.1M units), more than tenfold. The third position in this ranking was held by Colombia (1M units), with a 3.1% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to the United States totaled -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-5.1% per year) and Colombia (-8.3% per year).
In value terms, the United States ($9.5B) remains the key foreign market for television receivers exports from Mexico, comprising 90% of total exports. The second position in the ranking was held by Canada ($469M), with a 4.4% share of total exports. It was followed by Colombia, with a 2.4% share.
From 2013 to 2023, the average annual growth rate of value to the United States stood at -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-5.8% per year) and Colombia (-7.8% per year).
Exports by Type
Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen (31M units) was the largest type of television receivers exported from Mexico, accounting for a 95% share of total exports. Moreover, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen exceeded the volume of the second product type, tuner blocks (1.5M units), more than tenfold.
From 2013 to 2023, the average annual rate of growth in terms of the volume of reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen exports was relatively modest. With regard to the other exported products, the following average annual rates of growth were recorded: tuner blocks (-24.1% per year) and reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen (+13.1% per year).
In value terms, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen ($10.5B) remains the largest type of television receivers exported from Mexico, comprising 100% of total exports. The second position in the ranking was held by tuner blocks ($47M), with a 0.4% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of the value of reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a colour video display or screen exports amounted to -2.7%. With regard to the other exported products, the following average annual rates of growth were recorded: tuner blocks (-31.9% per year) and reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus; incorporating a black and white or other monochrome video display or screen (+13.3% per year).
Export Prices by Country
In 2023, the television receiver price stood at $320 per unit (FOB, Mexico), reducing by -7.2% against the previous year. Over the period under review, export price indicated a slight expansion from 2013 to 2023: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36%. Over the period under review, the average export prices reached the peak figure at $345 per unit in 2022, and then dropped in the following year.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($422 per unit), while the average price for exports to Colombia ($248 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the television receiver 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 26402020 - Tuner blocks for CTV/VCR and cable TV receiver units (colour video tuners) (excluding those which isolate highfrequency television signals)
- Prodcom 26402040 - Colour television projection equipment
- Prodcom 26402090 - Other television receivers, whether or not combined with radio-broadcast receivers or sound or video recording or reproduction apparatus n.e.c.
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
