Report Update Nov 1, 2024

Mexico - Iron or Steel Liquid Fuel Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2024

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in Mexico

For the third year in a row, the Mexican metal liquid fuel appliances market recorded decline in sales value, which decreased by -67.7% to $X in 2022. Overall, consumption continues to indicate a precipitous curtailment. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports from Mexico

In 2022, shipments abroad of iron or steel liquid fuel domestic appliances decreased by 0% to X units, falling for the second year in a row after five years of growth. Over the period under review, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal liquid fuel appliances exports amounted to $X in 2022. In general, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 119% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), Cuba (X units) and the United States (X units) were the main destinations of metal liquid fuel appliances exports from Mexico, together accounting for 50% of total exports. Canada, the United Arab Emirates, the Dominican Republic and Chile lagged somewhat behind, together comprising a further 50%. Moreover, metal liquid fuel appliances exports in China exceeded the figures recorded by the second-largest exporter, Cuba, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of 0.0%), while the other leaders experienced a decline.

It was followed by the Dominican Republic, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled -37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-44.4% per year) and the Dominican Republic (-26.2% per year).

Export Prices by Country

The average metal liquid fuel appliances export price stood at $X per unit in 2022, approximately equating the previous year. In general, the export price showed a pronounced curtailment. The growth pace was the most rapid in 2013 an increase of 128%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Cuba ($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 China (+4.6%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports into Mexico

For the third consecutive year, Mexico recorded decline in supplies from abroad of iron or steel liquid fuel domestic appliances, which decreased by -51.8% to X units in 2022. Overall, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2017 with an increase of 300%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal liquid fuel appliances imports contracted markedly to $X in 2022. Over the period under review, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 401% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main metal liquid fuel appliances 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 China totaled -30.6%.

In value terms, China ($X) constituted the largest supplier of iron or steel liquid fuel domestic appliances to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -32.2%.

Import Prices by Country

In 2022, the average metal liquid fuel appliances import price amounted to $X per unit, falling by -71.4% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 48%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel liquid fuel domestic appliances in the world?

The country with the largest volume of metal liquid fuel appliances consumption was China, accounting for 29% of total volume. Moreover, metal liquid fuel appliances consumption in China exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), twofold. The third position in this ranking was occupied by the United States, with a 14% share.

What are the largest producers of iron or steel liquid fuel domestic appliances in the world?

The country with the largest volume of metal liquid fuel appliances production was China, accounting for 39% of total volume. Moreover, metal liquid fuel appliances production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. Taiwan Chinese) ranked third in terms of total production with an 18% share.

What are the leading suppliers of iron or steel liquid fuel domestic appliances to Mexico?

In value terms, China and the United States appeared to be the largest metal liquid fuel appliances suppliers to Mexico.

What are the leading importers of iron or steel liquid fuel domestic appliances from Mexico?

In value terms, the largest markets for metal liquid fuel appliances exported from Mexico were Canada and the United States.

What is the average export price for iron or steel liquid fuel domestic appliances in Mexico?

The average metal liquid fuel appliances export price stood at $178 per unit in 2021, increasing by 9.3% against the previous year.

What is the average import price for iron or steel liquid fuel domestic appliances in Mexico?

In 2021, the average metal liquid fuel appliances import price amounted to $50 per unit, falling by -15.2% against the previous year.

This report provides an in-depth analysis of the market for metal liquid fuel appliances in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27521250 - Iron or steel liquid fuel domestic appliances, including heaters, grates, fires and braziers (excluding cooking appliances and plate warmers)

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023