Mexico: Concrete-Mixer Lorry Market 2025

Concrete-Mixer Lorry Market Size in Mexico

After two years of growth, the Mexican concrete-mixer lorry market decreased by -98.1% to $X in 2022. In general, consumption saw a significant contraction. Concrete-mixer lorry consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Concrete-Mixer Lorry Production in Mexico

In value terms, concrete-mixer lorry production stood at $X in 2022 estimated in export price. Over the period under review, production saw a dramatic curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 35%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Concrete-Mixer Lorry Exports

Exports from Mexico

In 2014, concrete-mixer lorry exports from Mexico surged to X units, picking up by 17% against the previous year's figure. Overall, total exports indicated a significant increase from 2012 to 2014: its volume increased at an average annual rate of +34.4% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, exports increased by +80.5% against 2012 indices. The growth pace was the most rapid in 2013 when exports increased by 54%. The exports peaked in 2014 and are expected to retain growth in years to come.

In value terms, concrete-mixer lorry exports skyrocketed to $X in 2014. Over the period under review, total exports indicated significant growth from 2012 to 2014: its value increased at an average annual rate of +34.9% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, exports increased by +82.0% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 42% against the previous year. Over the period under review, the exports attained the maximum in 2014 and are expected to retain growth in the near future.

Exports by Country

Colombia (X units) was the main destination for concrete-mixer lorry exports from Mexico, with a 81% share of total exports. Moreover, concrete-mixer lorry exports to Colombia exceeded the volume sent to the second major destination, Peru (X units), eightfold. Ecuador (X units) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2014, the average annual growth rate of volume to Colombia amounted to +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (0.0% per year) and Ecuador (+63.3% per year).

In value terms, Colombia ($X) remains the key foreign market for concrete-mixer lorries exports from Mexico, comprising 81% of total exports. The second position in the ranking was taken by Peru ($X), with a 9.2% share of total exports. It was followed by Ecuador, with a 5.2% share.

From 2012 to 2014, the average annual growth rate of value to Colombia amounted to +39.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (0.0% per year) and Ecuador (+85.7% per year).

Export Prices by Country

The average concrete-mixer lorry export price stood at $X per unit in 2014, surging by 8.9% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2014, amid the top suppliers, the countries with the highest prices were Ecuador ($X per unit) and Panama ($X per unit), while the average price for exports to Bolivia ($X per unit) and Peru ($X per unit) were amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete-Mixer Lorry Imports

Imports into Mexico

In 2022, after two years of growth, there was significant decline in supplies from abroad of concrete-mixer lorries, when their volume decreased by -97.6% to X units. Over the period under review, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, concrete-mixer lorry imports dropped significantly to $X in 2022. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2017 with an increase of 148% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) was the main concrete-mixer lorry supplier to Mexico, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -24.3%.

In value terms, the United States ($X) constituted the largest supplier of concrete-mixer lorries to Mexico.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to -27.0%.

Import Prices by Country

The average concrete-mixer lorry import price stood at $X per unit in 2022, falling by -54.8% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 53%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.2% per year.

Source: IndexBox Platform

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