Report Update Nov 1, 2024

Mexico - Tamping or Compacting Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Tamping Machinery Market 2024

Tamping Machinery Market Size in Mexico

In 2021, after two years of decline, there was growth in the Mexican tamping machinery market, when its value increased by 3.3% to $X. In general, consumption recorded a relatively flat trend pattern. Tamping machinery consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Tamping Machinery Production in Mexico

In value terms, tamping machinery production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 15% against the previous year. Tamping machinery production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Tamping Machinery Exports

Exports from Mexico

After three years of growth, overseas shipments of tamping or compacting machinery decreased by -72.9% to X units in 2021. In general, exports recorded a perceptible downturn. The growth pace was the most rapid in 2014 when exports increased by 113%. Over the period under review, the exports reached the maximum at X units in 2020, and then shrank sharply in the following year.

In value terms, tamping machinery exports plummeted to $X in 2021. Overall, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 24%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for tamping or compacting machinery exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -8.1%.

Export Prices by Country

The average tamping machinery export price stood at $X per unit in 2021, reducing by -8.8% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 28% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average 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 2021, the rate of growth in terms of prices for the United States amounted to -7.6% per year.

Tamping Machinery Imports

Imports into Mexico

In 2021, the amount of tamping or compacting machinery imported into Mexico contracted significantly to X units, declining by -91.6% on 2020 figures. Over the period under review, imports recorded a significant curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 64% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, tamping machinery imports dropped remarkably to $X in 2021. In general, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 66% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) was the main supplier of tamping machinery to Mexico, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -17.3%.

In value terms, the United States ($X) constituted the largest supplier of tamping or compacting machinery to Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -13.6%.

Import Prices by Country

In 2021, the average tamping machinery import price amounted to $X per unit, growing by 125% against the previous year. Over the period under review, the import price recorded a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to +8.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tamping or compacting machinery in the world?

South Africa constituted the country with the largest volume of tamping machinery consumption, comprising approx. 37% of total volume. Moreover, tamping machinery consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 9.7% share.

What are the largest producers of tamping or compacting machinery in the world?

China remains the largest tamping machinery producing country worldwide, comprising approx. 52% of total volume. Moreover, tamping machinery production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. India ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of tamping or compacting machinery to Mexico?

In value terms, Germany constituted the largest supplier of tamping machinery to Mexico, comprising 74% of total imports. The second position in the ranking was occupied by China, with an 8.5% share of total imports.

What are the leading importers of tamping or compacting machinery from Mexico?

In value terms, the United States remains the key foreign market for tamping machinery exports from Mexico, comprising 56% of total exports. The second position in the ranking was occupied by Canada, with a 5.7% share of total exports. It was followed by Argentina, with a 4.6% share.

What is the average export price for tamping or compacting machinery in Mexico?

The average tamping machinery export price stood at $4,496 per unit in 2021, which is down by -7.9% against the previous year.

What is the average import price for tamping or compacting machinery in Mexico?

In 2021, the average tamping machinery import price amounted to $1,021 per unit, with an increase of 11% against the previous year.

This report provides an in-depth analysis of the tamping machinery 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 28923050 - (Towed and hand-held compaction equipment) Tamping or compacting machinery (excluding self-propelled)

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