Report Update Nov 1, 2024

Mexico - Lithium-Ion Accumulators - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Lithium-Ion Accumulator Market 2024

Lithium-Ion Accumulator Market Size in Mexico

The Mexican lithium-ion accumulator market skyrocketed to $X in 2021, picking up by 188% 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 showed significant growth. Lithium-ion accumulator consumption peaked in 2021 and is expected to retain growth in the immediate term.

Lithium-Ion Accumulator Exports

Exports from Mexico

Lithium-ion accumulator exports from Mexico soared to X units in 2021, picking up by 68% on the previous year. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 812%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, lithium-ion accumulator exports shrank to $X in 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 393% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then shrank modestly in the following year.

Exports by Country

The United States (X units) was the main destination for lithium-ion accumulator exports from Mexico, with a 94% share of total exports. It was followed by Canada (X units), with a 2.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +91.4%.

In value terms, the United States ($X) remains the key foreign market for lithium-ion accumulators exports from Mexico, comprising 93% of total exports. The second position in the ranking was held by Canada ($X), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +48.4%.

Export Prices by Country

In 2021, the average lithium-ion accumulator export price amounted to $X per unit, falling by -40.9% against the previous year. In general, the export price showed a precipitous shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-3.2%), while the prices for the other major destinations experienced a decline.

Lithium-Ion Accumulator Imports

Imports into Mexico

For the sixth year in a row, Mexico recorded growth in overseas purchases of lithium-ion accumulators, which increased by 178% to X units in 2021. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of 656%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, lithium-ion accumulator imports soared to $X in 2021. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 377% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of lithium-ion accumulator to Mexico, with a 54% share of total imports. Moreover, lithium-ion accumulator imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by South Korea (X units), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Poland totaled +254.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+78.1% per year) and South Korea (+124.2% per year).

In value terms, Poland ($X) constituted the largest supplier of lithium-ion accumulators to Mexico, comprising 51% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by South Korea, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Poland totaled +187.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.3% per year) and South Korea (+87.2% per year).

Import Prices by Country

In 2021, the average lithium-ion accumulator import price amounted to $X per unit, with a decrease of -20.6% against the previous year. In general, the import price faced a drastic downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-13.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the lithium-ion accumulator market 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 27202350 -

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