Mexico: Semiconductor Thyristor Market 2024

Semiconductor Thyristor Market Size in Mexico

The Mexican semiconductor thyristor market contracted slightly to $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +23.4% against 2020 indices. Semiconductor thyristor consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Semiconductor Thyristor Production in Mexico

In value terms, semiconductor thyristor production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 103% against the previous year. Semiconductor thyristor production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Semiconductor Thyristor Exports

Exports from Mexico

In 2022, the amount of semiconductor thyristors, diacs and triacs exported from Mexico soared to X units, jumping by 55% on 2021. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 82%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, semiconductor thyristor exports soared to $X in 2022. In general, exports, however, recorded a abrupt slump. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for semiconductor thyristor exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -9.5%.

In value terms, the United States ($X) also remains the key foreign market for semiconductor thyristors, diacs and triacs exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -4.7%.

Export Prices by Country

In 2022, the average semiconductor thyristor export price amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, saw noticeable growth. The growth pace was the most rapid in 2013 when the average export price increased by 53%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +8.0% per year.

Semiconductor Thyristor Imports

Imports into Mexico

In 2022, approx. X units of semiconductor thyristors, diacs and triacs were imported into Mexico; surging by 12% compared with 2021 figures. Over the period under review, imports continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, semiconductor thyristor imports skyrocketed to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest semiconductor thyristor supplier to Mexico, with a 77% share of total imports. Moreover, semiconductor thyristor imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-6.5% per year) and Germany (+19.9% per year).

In value terms, China ($X) constituted the largest supplier of semiconductor thyristors, diacs and triacs to Mexico, comprising 62% of total imports. The second position in the ranking was taken by Japan ($X), with an 8% share of total imports. It was followed by the United States, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+14.6% per year) and the United States (+0.9% per year).

Import Prices by Country

In 2022, the average semiconductor thyristor import price amounted to $X per unit, picking up by 29% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semiconductor thyristor import price decreased by -37.2% against 2016 indices. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :