Mexico: Fluorescent Discharge Lamps Market 2025

Fluorescent Discharge Lamps Market Size in Mexico

The Mexican fluorescent discharge lamps market reached $X in 2021, rising by 10% 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, however, recorded a deep downturn. Fluorescent discharge lamps consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Fluorescent Discharge Lamps Exports

Exports from Mexico

In 2021, exports of fluorescent discharge lamps from Mexico declined to X units, with a decrease of -5.4% against the previous year's figure. In general, exports recorded a sharp slump. The pace of growth was the most pronounced in 2017 when exports increased by 10%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps exports shrank rapidly to $X in 2021. Overall, exports recorded a significant decrease. The growth pace was the most rapid in 2017 when exports increased by 17% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X units), Honduras (X units) and the United States (X units) were the main destinations of fluorescent discharge lamps exports from Mexico, together comprising 80% of total exports. The Dominican Republic, Belize, Guatemala and El Salvador lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belize (with a CAGR of +10.9%), while the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for fluorescent discharge lamps exports from Mexico, comprising 45% of total exports. The second position in the ranking was taken by Honduras ($X), with a 20% share of total exports. It was followed by Costa Rica, with a 19% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -37.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-8.2% per year) and Costa Rica (-16.4% per year).

Export Prices by Country

In 2021, the average fluorescent discharge lamps export price amounted to $X per unit, declining by -23% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 7.3%. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Belize ($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 (-0.8%), while the prices for the other major destinations experienced a decline.

Fluorescent Discharge Lamps Imports

Imports into Mexico

Fluorescent discharge lamps imports into Mexico soared to X units in 2021, rising by 18% compared with the year before. In general, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2014 when imports increased by 25%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports dropped to $X in 2021. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 with an increase of 6.2% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of fluorescent discharge lamps to Mexico, with a 88% share of total imports. Moreover, fluorescent discharge lamps imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-24.3% per year) and Poland (+10.1% per year).

In value terms, China ($X) constituted the largest supplier of fluorescent discharge lamps to Mexico, comprising 82% of total imports. The second position in the ranking was held by the United States ($X), with an 8.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-25.6% per year) and Poland (+7.5% per year).

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, waning by -24.9% against the previous year. Overall, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 160% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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