Mexico: Market for Cabinets And Cases For Transmission And Reception Apparatus 2025

Market Size for Cabinets And Cases For Transmission And Reception Apparatus in Mexico

In 2021, the Mexican receivers and transmitters case market increased by 24% to $X, rising for the second year in a row after seven years of decline. In general, consumption, however, recorded a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Cabinets And Cases For Transmission And Reception Apparatus

Exports from Mexico

In 2021, shipments abroad of cabinets and cases for transmission and reception apparatus increased by 13% to X units for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 36% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, receivers and transmitters case exports skyrocketed to $X in 2021. Overall, exports, however, showed a drastic downturn. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Hungary (X units) were the main destinations of receivers and transmitters case exports from Mexico, with a combined 88% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +64.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for cabinets and cases for transmission and reception apparatus exports from Mexico, comprising 67% of total exports. The second position in the ranking was held by Hungary ($X), with a 14% share of total exports. It was followed by China, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+71.9% per year) and China (+3.9% per year).

Export Prices by Country

In 2021, the average receivers and transmitters case export price amounted to $X per unit, increasing by 3.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 35% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cabinets And Cases For Transmission And Reception Apparatus

Imports into Mexico

In 2021, supplies from abroad of cabinets and cases for transmission and reception apparatus increased by 19% to X units, rising for the second year in a row after five years of decline. Overall, imports, however, saw a abrupt setback. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, receivers and transmitters case imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a deep slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of receivers and transmitters case to Mexico, accounting for a 50% share of total imports. Moreover, receivers and transmitters case imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. The third position in this ranking was held by the United States (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+18.5% per year) and the United States (+5.4% per year).

In value terms, China ($X) constituted the largest supplier of cabinets and cases for transmission and reception apparatus to Mexico, comprising 71% of total imports. The second position in the ranking was held by Vietnam ($X), with a 6% share of total imports. It was followed by Taiwan (Chinese), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+57.5% per year) and Taiwan (Chinese) (-6.3% per year).

Import Prices by Country

The average receivers and transmitters case import price stood at $X per unit in 2021, increasing by 4.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2019 an increase of 4.5%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform