Mexico: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in Mexico

The Mexican bar draw-bench market skyrocketed to $X in 2021, with an increase of 165% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a buoyant increase. Bar draw-bench consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Bar Draw-Bench Exports

Exports from Mexico

In 2021, exports of draw-benches for bars, tubes, profiles, wire or the like from Mexico soared to X units, increasing by 225% on the previous year. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 300%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, bar draw-bench exports surged to $X in 2021. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,045%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Ecuador (X units), the United States (X units) and Colombia (X units) were the main destinations of bar draw-bench exports from Mexico, with a combined 85% share of total exports. Moreover, bar draw-bench exports in Ecuador exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2021, the biggest increases were recorded for Ecuador (with a CAGR of +34.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) emerged as the key foreign market for draw-benches for bars, tubes, profiles, wire or the like exports from Mexico, comprising 57% of total exports. The second position in the ranking was held by Germany ($X), with a 23% share of total exports. It was followed by the United States, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia stood at +25.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+33.0% per year) and the United States (-5.0% per year).

Export Prices by Country

The average bar draw-bench export price stood at $X per unit in 2021, which is down by -42.3% against the previous year. Overall, the export price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2020 an increase of 203%. As a result, the export price attained the peak level of $X per unit, and then contracted notably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per unit), while the average price for exports to Ecuador ($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 Germany (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports into Mexico

In 2021, approx. X units of draw-benches for bars, tubes, profiles, wire or the like were imported into Mexico; picking up by 71% against the previous year's figure. In general, imports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 414%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, bar draw-bench imports surged to $X in 2021. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2019 when imports increased by 413%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of bar draw-bench to Mexico, accounting for a 52% share of total imports. Moreover, bar draw-bench imports from Japan exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The United States (X units) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume from Japan totaled +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+14.6% per year) and the United States (-12.1% per year).

In value terms, Italy ($X) constituted the largest supplier of draw-benches for bars, tubes, profiles, wire or the like to Mexico, comprising 30% of total imports. The second position in the ranking was held by Germany ($X), with a 9.4% share of total imports. It was followed by Japan, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.3% per year) and Japan (+27.1% per year).

Import Prices by Country

The average bar draw-bench import price stood at $X per unit in 2021, jumping by 105% against the previous year. Over the period under review, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 121%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($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 (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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