Mexico: Medical Steriliser Market 2024

Medical Steriliser Market Size in Mexico

In 2022, the Mexican medical steriliser market decreased by -31.8% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, posted measured growth. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Medical Steriliser Production in Mexico

In value terms, medical steriliser production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 192% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Medical Steriliser Exports

Exports from Mexico

In 2022, overseas shipments of medical, surgical or laboratory sterilisers decreased by 0% to X units, falling for the second year in a row after three years of growth. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of 614,825% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, medical steriliser exports stood at $X in 2022. In general, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of 584,453%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for medical steriliser exports from Mexico, accounting for a 78% share of total exports. It was followed by South Korea (X units), with a 2.5% share of total exports. China (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+10.8% per year) and China (-2.9% per year).

It was followed by Brazil, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-15.2% per year) and Brazil (+2.4% per year).

Export Prices by Country

The average medical steriliser export price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to South Korea ($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 Brazil (+0.7%), while the prices for the other major destinations experienced a decline.

Medical Steriliser Imports

Imports into Mexico

Medical steriliser imports into Mexico contracted markedly to X units in 2022, shrinking by -23.5% on the previous year. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 196% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, medical steriliser imports fell remarkably to $X in 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 247%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) was the main medical steriliser supplier to Mexico, with a 94% share of total imports. Moreover, medical steriliser imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -2.9%.

In value terms, the United States ($X) constituted the largest supplier of medical, surgical or laboratory sterilisers to Mexico, comprising 94% of total imports. The second position in the ranking was taken by China ($X), with a 5.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -2.3%.

Import Prices by Country

In 2022, the average medical steriliser import price amounted to $X per unit, waning by -1.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 46%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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