Mexico: Particle Accelerator Market 2024

Particle Accelerator Market Size in Mexico

In 2021, the Mexican particle accelerator market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a dramatic decline. Particle accelerator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Particle Accelerator Exports

Exports from Mexico

In 2021, approx. X units of particle accelerators were exported from Mexico; rising by 60% against 2020. Overall, exports saw modest growth. The pace of growth was the most pronounced in 2017 when exports increased by 5,825% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, particle accelerator exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 3,957% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for particle accelerator exports from Mexico, with a 71% share of total exports. Moreover, particle accelerator exports to the United States exceeded the volume sent to the second major destination, Saudi Arabia (X units), sevenfold. The third position in this ranking was held by Qatar (X units), with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+16.7% per year) and Qatar (+10.7% per year).

In value terms, the United States ($X), Italy ($X) and Qatar ($X) constituted the largest markets for particle accelerator exported from Mexico worldwide, with a combined 68% share of total exports.

Among the main countries of destination, Qatar, with a CAGR of +50.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average particle accelerator export price stood at $X per unit in 2021, with an increase of 8.7% against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 146% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Slovenia ($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 Qatar (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Accelerator Imports

Imports into Mexico

In 2021, overseas purchases of particle accelerators were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp setback. The pace of growth was the most pronounced in 2018 when imports increased by 7,168%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, particle accelerator imports surged to $X in 2021. Overall, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 5,520% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X units) was the main particle accelerator supplier to Mexico, accounting for a 90% share of total imports. Moreover, particle accelerator imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.7% per year) and the United States (+0.7% per year).

In value terms, France ($X) constituted the largest supplier of particle accelerator to Mexico, comprising 57% of total imports. The second position in the ranking was held by the United States ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual growth rate of value from France amounted to -18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.9% per year) and Belgium (-16.9% per year).

Import Prices by Country

In 2021, the average particle accelerator import price amounted to $X per unit, picking up by 98% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 when the average import price increased by 170%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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