Report Update Nov 1, 2024

Mexico - Self-Propelled Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Mexico

The Mexican self-propelled rock cutter market skyrocketed to $X in 2021, growing by 44% against the previous year. Overall, consumption saw a prominent expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Self-Propelled Rock Cutter Production in Mexico

In value terms, self-propelled rock cutter production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a dramatic setback. Self-propelled rock cutter production peaked at $X in 2020, and then contracted dramatically in the following year.

Self-Propelled Rock Cutter Exports

Exports from Mexico

After four years of growth, overseas shipments of self-propelled coal or rock cutters and tunnelling machinery decreased by -97.8% to X units in 2021. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 1,550%. The exports peaked at X units in 2020, and then dropped significantly in the following year.

In value terms, self-propelled rock cutter exports fell notably to $X in 2021. Over the period under review, exports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 1,360% against the previous year. The exports peaked at $X in 2020, and then shrank rapidly in the following year.

Exports by Country

The United States (X units) and Canada (X units) were the main destinations of self-propelled rock cutter exports from Mexico.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of -4.9%).

In value terms, Canada ($X) remains the key foreign market for self-propelled coal or rock cutters and tunnelling machinery exports from Mexico, comprising 85% of total exports. The second position in the ranking was held by the United States ($X), with a 9.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to +23.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-45.9% per year) and Guatemala (-68.4% per year).

Export Prices by Country

The average self-propelled rock cutter export price stood at $X per unit in 2021, which is down by -35.9% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 54%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Canada ($X per unit), while the average price for exports to Guatemala ($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 Canada (+4.7%), while the prices for the other major destinations experienced a decline.

Self-Propelled Rock Cutter Imports

Imports into Mexico

In 2021, supplies from abroad of self-propelled coal or rock cutters and tunnelling machinery was finally on the rise to reach X units after two years of decline. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled rock cutter imports soared to $X in 2021. Over the period under review, imports, however, saw a deep reduction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X units), Finland (X units) and Germany (X units) were the main suppliers of self-propelled rock cutter imports to Mexico, with a combined 48% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +8.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Sweden ($X) and Finland ($X) appeared to be the largest self-propelled rock cutter suppliers to Mexico, with a combined 56% share of total imports.

Australia, with a CAGR of +11.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average self-propelled rock cutter import price amounted to $X per unit, with a decrease of -37.2% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 49% against the previous year. 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 remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter consumption in 2020 were New Zealand, Sweden and Japan, together accounting for 59% of global consumption. France, Saudi Arabia, India, Iran, South Korea, Poland, Azerbaijan, Turkey and Australia lagged somewhat behind, together comprising a further 26%.

What are the largest producers of self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter production in 2020 were New Zealand, Sweden and Japan, together comprising 69% of global production. These countries were followed by Finland, India, Austria, Iran, France, China and Azerbaijan, which together accounted for a further 23%.

What are the leading suppliers of self-propelled coal or rock cutters and tunnelling machinery to Mexico?

In value terms, the United States constituted the largest supplier of self-propelled rock cutter to Mexico.

What are the leading importers of self-propelled coal or rock cutters and tunnelling machinery from Mexico?

In value terms, Canada remains the key foreign market for self-propelled rock cutter exports from Mexico.

What is the average export price for self-propelled coal or rock cutters and tunnelling machinery in Mexico?

The average self-propelled rock cutter export price stood at $67,444 per unit in 2020, declining by -19.3% against the previous year.

What is the average import price for self-propelled coal or rock cutters and tunnelling machinery in Mexico?

The average self-propelled rock cutter import price stood at $209,818 per unit in 2020, picking up by 119% against the previous year.

This report provides an in-depth analysis of the self-propelled rock cutter 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 28921233 - Self-propelled coal or rock cutters and tunnelling machinery

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