Mexico: Centrifuges Market 2025

Centrifuges Market Size in Mexico

In 2021, after two years of growth, there was significant decline in the Mexican centrifuges market, when its value decreased by -19% to $X. Overall, consumption recorded a deep slump. Centrifuges consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Centrifuges Exports

Exports from Mexico

Centrifuges exports from Mexico soared to X units in 2021, with an increase of 54% compared with the year before. Over the period under review, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by 139%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, centrifuges exports reached $X in 2021. In general, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 132% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) and the United Arab Emirates (X units) were the main destinations of centrifuges exports from Mexico.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +23.9%).

In value terms, the United States ($X) remains the key foreign market for centrifuges exports from Mexico, comprising 98% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 1.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +17.7%.

Export Prices by Country

In 2021, the average centrifuges export price amounted to $X per unit, waning by -33.9% against the previous year. Overall, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+74.1%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifuges Imports

Imports into Mexico

In 2021, after two years of growth, there was significant decline in overseas purchases of centrifuges, when their volume decreased by -16.8% to X units. In general, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 29% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, centrifuges imports contracted markedly to $X in 2021. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of centrifuges imports to Mexico, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +15.1%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), the United States ($X) and China ($X) constituted the largest centrifuges suppliers to Mexico, with a combined 90% share of total imports.

In terms of the main suppliers, China, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average centrifuges import price stood at $X per unit in 2021, with a decrease of -11.8% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform