Mexico - Tungsten Halogen Lamps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico's Tungsten Halogen Lamp Price Declines Notably to $814 per Thousand Units
Mexico Tungsten Halogen Lamp Import Price in January 2023
In January 2023, the tungsten halogen lamp price amounted to $814 per thousand units (CIF, Mexico), dropping by -16.8% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 43% month-to-month. The import price peaked at $1.4 per unit in July 2022; however, from August 2022 to January 2023, import prices remained at a 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 South Korea ($2.5 per unit), while the price for Japan ($384 per thousand units) was amongst the lowest.
From February 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Tungsten Halogen Lamp in Mexico (USD per unit) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
| South Korea | 2.5 | 0.9 | 0.8 | 0.7 | 0.7 | 0.8 | 0.9 | 0.8 | 1.0 | 0.9 | 1.0 | 2.5 |
| United States | 1.4 | 1.6 | 3.3 | 2.4 | 1.6 | 3.2 | 1.7 | 2.9 | 1.5 | 1.3 | 1.4 | 1.5 |
| Germany | 1.1 | 1.1 | 1.9 | 1.5 | 1.4 | 1.5 | 1.3 | 1.1 | 1.0 | 0.9 | 0.9 | 1.1 |
| China | 0.6 | 0.3 | 0.4 | 0.5 | 0.5 | 1.2 | 0.9 | 0.8 | 0.6 | 0.8 | 0.8 | 0.5 |
| Japan | 0.3 | 0.7 | 0.5 | 0.7 | 0.6 | 0.9 | 0.4 | 0.6 | 0.6 | 0.6 | 0.8 | 0.4 |
| Average | 0.8 | 0.5 | 0.7 | 1.0 | 1.1 | 1.4 | 1.0 | 0.9 | 0.9 | 0.9 | 1.0 | 0.8 |
Mexico Tungsten Halogen Lamp Imports
In January 2023, supplies from abroad of tungsten halogen lamps decreased by -12.1% to 1.8M units, falling for the second month in a row after two months of growth. In general, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in March 2022 with an increase of 216% against the previous month. As a result, imports reached the peak of 4.6M units. From April 2022 to January 2023, the growth of imports failed to regain momentum.
In value terms, tungsten halogen lamp imports dropped sharply to $1.5M (IndexBox estimates) in January 2023. Overall, imports, however, continue to indicate pronounced growth. The most prominent rate of growth was recorded in March 2022 when imports increased by 111% m-o-m. Imports peaked at 3.3M units in June 2022; however, from July 2022 to January 2023, imports failed to regain momentum.
Mexico Tungsten Halogen Lamp Imports by Country
China (756K units), Germany (532K units) and Japan (305K units) were the main suppliers of tungsten halogen lamp imports to Mexico, with a combined 87% share of total imports. These countries were followed by the United States and South Korea, which together accounted for a further 11%.
From February 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +27.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest tungsten halogen lamp suppliers to Mexico were Germany ($579K), China ($412K) and the United States ($309K), together comprising 87% of total imports. These countries were followed by Japan and South Korea, which together accounted for a further 8.5%.
Among the main suppliers, South Korea, with a CAGR of +26.9%, recorded the highest growth rate of the value of imports, 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 tungsten halogen lamp 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 27401250 - Tungsten halogen filament lamps for motorcycles and motor vehicles (excluding ultraviolet and infrared lamps)
- Prodcom 27401293 - Tungsten halogen filament lamps, for a voltage > .100 V (excluding ultraviolet and infra-red lamps, for motorcycles and motor vehicles)
- Prodcom 27401295 - Tungsten halogen filament lamps for a voltage . .100 V (excluding ultraviolet and infrared lamps, for motorcycles and motor vehicles)
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
