Mexico: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Mexico

The Mexican non-electric chainsaw market declined to $X in 2022, waning by -5.6% against the previous year. Overall, consumption, however, showed a significant increase. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Non-Electric Chainsaw Production in Mexico

In value terms, non-electric chainsaw production totaled $X in 2022 estimated in export price. Overall, production showed a significant contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 106%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Non-Electric Chainsaw Exports

Exports from Mexico

Non-electric chainsaw exports from Mexico reduced remarkably to X units in 2022, which is down by -43.5% compared with the previous year's figure. In general, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 1,482%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, non-electric chainsaw exports contracted rapidly to $X in 2022. Over the period under review, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 878% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Guatemala (X units) was the main destination for non-electric chainsaw exports from Mexico, with a 68% share of total exports. Moreover, non-electric chainsaw exports to Guatemala exceeded the volume sent to the second major destination, El Salvador (X units), threefold. The third position in this ranking was held by the Dominican Republic (X units), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Guatemala amounted to +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+7.9% per year) and the Dominican Republic (+0.4% per year).

In value terms, Guatemala ($X) remains the key foreign market for chainsaws with a self-contained non-electric motor exports from Mexico, comprising 67% of total exports. The second position in the ranking was held by El Salvador ($X), with a 16% share of total exports. It was followed by the Dominican Republic, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Guatemala totaled +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+3.2% per year) and the Dominican Republic (+1.4% per year).

Export Prices by Country

In 2022, the average non-electric chainsaw export price amounted to $X per unit, picking up by 4.6% against the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 200% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($X per unit), while the average price for exports to El Salvador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Chainsaw Imports

Imports into Mexico

In 2022, supplies from abroad of chainsaws with a self-contained non-electric motor decreased by -12.8% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 169% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, non-electric chainsaw imports totaled $X in 2022. In general, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of non-electric chainsaw to Mexico, with a 97% share of total imports. It was followed by Sweden (X units), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-9.1% per year) and the United States (-14.8% per year).

In value terms, China ($X) constituted the largest supplier of chainsaws with a self-contained non-electric motor to Mexico, comprising 89% of total imports. The second position in the ranking was held by Sweden ($X), with a 6.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-8.7% per year) and the United States (-8.5% per year).

Import Prices by Country

In 2022, the average non-electric chainsaw import price amounted to $X per unit, picking up by 17% against the previous year. Over the period under review, the import price, however, recorded a pronounced descent. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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