Mexico - Bumpers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBumper Price in Mexico - 2023
Contents:
- Bumper Price in Mexico (FOB) - 2023
- Bumper Price in Mexico (CIF) - 2023
- Bumper Exports in Mexico
- Bumper Imports in Mexico
Bumper Price in Mexico (FOB) - 2023
The average bumper export price stood at $21,934 per ton in August 2023, therefore, remained relatively stable against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in January 2023 an increase of 22% month-to-month. The export price peaked at $21,934 per ton in July 2023, and then fell in the following month.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was the United States ($21,934 per ton), while the average price for exports to Brazil ($21,934 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Bumper Price in Mexico (CIF) - 2023
The average bumper import price stood at $20,935 per ton in August 2023, remaining constant against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 3.9% month-to-month. As a result, import price attained the peak level of $20,935 per ton, leveling off in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the United States ($20,935 per ton) and China ($20,935 per ton), while the price for Canada ($20,935 per ton) and Germany ($20,935 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Bumper Exports in Mexico
In 2022, shipments abroad of bumpers increased by 26% to 13K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, bumper exports expanded markedly to $273M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Bumper in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 167 | 145 | 196 | 241 | 13.0% |
| Brazil | 8.4 | 5.3 | 11.3 | 10.0 | 6.0% |
| Germany | 4.2 | 3.0 | 3.7 | 5.1 | 6.7% |
| Japan | 4.5 | 5.4 | 1.5 | 3.1 | -11.7% |
| South Korea | 11.3 | 4.9 | 0.4 | 0.5 | -64.6% |
| United Arab Emirates | 3.9 | 3.4 | 3.7 | N/A | -2.6% |
| Others | 12.9 | 13.2 | 22.6 | 13.5 | 1.5% |
| Total | 212 | 181 | 239 | 273 | 8.8% |
Top Export Markets for Bumper from Mexico in 2022:
- South Korea (undefinedK tons)
- United States (11.5K tons)
- Brazil (0.5K tons)
- Germany (0.2K tons)
- Japan (0.1K tons)
Bumper Imports in Mexico
In 2022, the amount of bumpers imported into Mexico reached 13K tons, increasing by 10% on the year before. Overall, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%.
In value terms, bumper imports soared to $253M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.
| Import of Bumper in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 189 | 127 | 143 | 157 | -6.0% |
| Taiwan (Chinese) | 13.3 | 11.1 | 17.8 | 22.4 | 19.0% |
| China | 8.6 | 11.1 | 15.4 | 18.5 | 29.1% |
| Canada | 4.5 | 3.2 | 5.2 | 13.5 | 44.2% |
| Japan | 8.3 | 4.6 | 6.2 | 7.6 | -2.9% |
| South Korea | 5.1 | 3.4 | 3.9 | 7.3 | 12.7% |
| Germany | 7.7 | 4.8 | 5.6 | 5.9 | -8.5% |
| Others | 21.2 | 17.4 | 19.5 | 20.8 | -0.6% |
| Total | 258 | 182 | 217 | 253 | -0.7% |
Top Suppliers of Bumper to Mexico in 2022:
- United States (7.8K tons)
- Taiwan (Chinese) (1.1K tons)
- China (0.9K tons)
- Canada (0.7K tons)
- Japan (0.4K tons)
- South Korea (0.4K tons)
- Germany (0.3K tons)
This report provides an in-depth analysis of the bumper 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 29323010 - Bumpers and parts thereof (including plastic bumpers)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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