Report Update Nov 1, 2024

Mexico - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in Mexico

In 2021, the Mexican wind powered generator market increased by 394% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption posted a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wind Powered Generator Exports

Exports from Mexico

In 2021, overseas shipments of wind powered generating sets decreased by -21.9% to X units, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 33,565% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, wind powered generator exports dropped remarkably to $X in 2021. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 22,151%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X units) was the main destination for wind powered generator exports from Mexico, accounting for a 98% share of total exports. It was followed by the United States (X units), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica amounted to +91.8%.

In value terms, Costa Rica ($X) remains the key foreign market for wind powered generating sets exports from Mexico, comprising 97% of total exports. The second position in the ranking was held by the United States ($X), with a 1.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Costa Rica totaled +48.8%.

Export Prices by Country

The average wind powered generator export price stood at $X per unit in 2021, which is down by -42.3% against the previous year. In general, the export price recorded a significant decline. The growth pace was the most rapid in 2020 an increase of 92%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Costa Rica totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-22.2%).

Wind Powered Generator Imports

Imports into Mexico

In 2021, supplies from abroad of wind powered generating sets increased by 441% to X units, rising for the third year in a row after four years of decline. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wind powered generator imports totaled $X in 2021. In general, imports, however, showed a slight curtailment. The growth pace was the most rapid in 2014 when imports increased by 90%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest wind powered generator supplier to Mexico, with a 17% share of total imports. Moreover, wind powered generator imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. The third position in this ranking was taken by India (X units), with a 0.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +100.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-4.5% per year) and India (+73.0% per year).

In value terms, Spain ($X), India ($X) and China ($X) constituted the largest wind powered generator suppliers to Mexico, together comprising 87% of total imports.

India, with a CAGR of +103.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wind powered generator import price amounted to $X per unit, dropping by -81.3% against the previous year. Overall, the import price saw a abrupt decline. The growth pace was the most rapid in 2018 when the average import price increased by 87% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+19.9%), 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 wind powered generating sets in the world?

The countries with the highest volumes of wind powered generator consumption in 2020 were Norway, China and the United States, together accounting for 40% of global consumption.

What are the largest producers of wind powered generating sets in the world?

China remains the largest wind powered generator producing country worldwide, accounting for 21% of total volume. Moreover, wind powered generator production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with an 8.9% share.

What are the leading suppliers of wind powered generating sets to Mexico?

In value terms, China constituted the largest supplier of wind powered generator to Mexico, comprising 59% of total imports. The second position in the ranking was occupied by Spain, with a 25% share of total imports.

What are the leading importers of wind powered generating sets from Mexico?

In value terms, the United States remains the key foreign market for wind powered generator exports from Mexico, comprising 61% of total exports. The second position in the ranking was occupied by Chile, with a 21% share of total exports.

What is the average export price for wind powered generating sets in Mexico?

In 2020, the average wind powered generator export price amounted to $5,205 per unit, falling by -32.6% against the previous year.

What is the average import price for wind powered generating sets in Mexico?

In 2020, the average wind powered generator import price amounted to $26,247 per unit, picking up by 14% against the previous year.

This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered

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