Report Update Feb 1, 2025

Mexico - Thermoforming Machines for Working Rubber or Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in Mexico

After three years of decline, the Mexican thermoforming machine market increased by 37% to $X in 2021. In general, consumption continues to indicate a pronounced expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Thermoforming Machine Production in Mexico

In value terms, thermoforming machine production dropped notably to $X in 2021 estimated in export price. In general, production saw a deep contraction. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Thermoforming Machine Exports

Exports from Mexico

In 2021, after four years of growth, there was significant decline in overseas shipments of thermoforming machines for working rubber or plastics, when their volume decreased by -53% to X units. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 400%. The exports peaked at X units in 2020, and then fell significantly in the following year.

In value terms, thermoforming machine exports reduced sharply to $X in 2021. Over the period under review, exports showed a perceptible setback. The growth pace was the most rapid in 2017 with an increase of 301%. Over the period under review, the exports reached the peak figure at $X in 2020, and then contracted remarkably in the following year.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +2.1%.

In value terms, the United States ($X) also remains the key foreign market for thermoforming machines for working rubber or plastics exports from Mexico.

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

Export Prices by Country

The average thermoforming machine export price stood at $X per unit in 2021, jumping by 32% against the previous year. Overall, the export price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 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 -2.0% per year.

Thermoforming Machine Imports

Imports into Mexico

In 2021, the amount of thermoforming machines for working rubber or plastics imported into Mexico skyrocketed to X units, jumping by 112% against 2020. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 131%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, thermoforming machine imports expanded notably to $X in 2021. In general, imports showed measured growth. The pace of growth appeared the most rapid in 2015 when imports increased by 113% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of thermoforming machine to Mexico, accounting for a 80% share of total imports. Moreover, thermoforming machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.6% per year) and Germany (+10.6% per year).

In value terms, the United States ($X) constituted the largest supplier of thermoforming machines for working rubber or plastics to Mexico, comprising 57% of total imports. The second position in the ranking was held by China ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+38.5% per year) and Germany (+2.5% per year).

Import Prices by Country

In 2021, the average thermoforming machine import price amounted to $X per unit, which is down by -48.4% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2018 when the average import price increased by 74%. 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 stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for thermoforming machines for working rubber or plastics in the world?

The country with the largest volume of thermoforming machine consumption was Thailand, accounting for 19% of total volume. Moreover, thermoforming machine consumption in Thailand exceeded the figures recorded by the second-largest consumer, South Korea, twofold. The third position in this ranking was occupied by Vietnam, with a 7.9% share.

What are the largest producers of thermoforming machines for working rubber or plastics in the world?

The countries with the highest volumes of in 2021 were Taiwan Chinese), China and South Korea, with a combined 66% share of global production.

What are the leading suppliers of thermoforming machines for working rubber or plastics to Mexico?

In value terms, the United States constituted the largest supplier of thermoforming machine to Mexico, comprising 72% of total imports. The second position in the ranking was occupied by Germany, with a 13% share of total imports.

What are the leading importers of thermoforming machines for working rubber or plastics from Mexico?

In value terms, the United States remains the key foreign market for thermoforming machine exports from Mexico.

What is the average export price for thermoforming machines for working rubber or plastics in Mexico?

In 2021, the average thermoforming machine export price amounted to $7,178 per unit, almost unchanged from the previous year.

What is the average import price for thermoforming machines for working rubber or plastics in Mexico?

The average thermoforming machine import price stood at $22,717 per unit in 2021, growing by 35% against the previous year.

This report provides an in-depth analysis of the thermoforming machine 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 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024