Mexico: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Mexico

In 2021, the Mexican hand-held blow pipe market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, recorded a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hand-Held Blow Pipe Production in Mexico

In value terms, hand-held blow pipe production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. Hand-held blow pipe production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Hand-Held Blow Pipe Exports

Exports from Mexico

In 2021, the amount of hand-held blow pipes for soldering, brazing or welding exported from Mexico rose sharply to X units, with an increase of 5.9% on the previous year. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, hand-held blow pipe exports contracted to $X in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -24.7% against 2019 indices. The growth pace was the most rapid in 2015 when exports increased by 20% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for hand-held blow pipe exports from Mexico, accounting for a 95% share of total exports. Moreover, hand-held blow pipe exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +11.3%.

In value terms, the United States ($X) remains the key foreign market for hand-held blow pipes for soldering, brazing or welding exports from Mexico, comprising 95% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +6.4%.

Export Prices by Country

In 2021, the average hand-held blow pipe export price amounted to $X per unit, waning by -8.8% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2014 an increase of 9.3% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-4.0%).

Hand-Held Blow Pipe Imports

Imports into Mexico

In 2021, hand-held blow pipe imports into Mexico soared to X units, with an increase of 43% on 2020 figures. Over the period under review, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand-held blow pipe imports skyrocketed to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main suppliers of hand-held blow pipe imports to Mexico, together comprising 97% of total imports. Poland lagged somewhat behind, comprising a further 3.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +20.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Taiwan (Chinese) ($X) were the largest hand-held blow pipe suppliers to Mexico, together comprising 97% of total imports. These countries were followed by Poland, which accounted for a further 3.1%.

Poland, with a CAGR of +15.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand-held blow pipe import price stood at $X per unit in 2021, waning by -8.7% against the previous year. Overall, the import price showed a pronounced contraction. The growth pace was the most rapid in 2013 a decrease of less than 0.1%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Poland ($X per unit) and the United States ($X per unit), while the price for China ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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