Musical Boxes Price in Mexico - 2023

Contents:

1. Musical Boxes Price in Mexico (CIF) - 2022
2. Musical Boxes Price in Mexico (FOB) - 2022
3. Musical Boxes Imports in Mexico
4. Musical Boxes Exports in Mexico

Musical Boxes Price in Mexico (CIF) - 2022

The average musical boxes import price stood at $4.4 per unit in 2022, declining by -38.1% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 94% against the previous year. As a result, import price attained the peak level of $7.2 per unit, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($73 per unit), while the price for China stood at $2.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+29.2%).

Musical Boxes Price in Mexico (FOB) - 2022

In 2022, the average musical boxes export price amounted to $9.2 per unit, with an increase of 2.4% against the previous year. Overall, the export price showed a perceptible increase. The pace of growth appeared the most rapid in 2014 an increase of 159%. The export price peaked at $24 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($99 per unit), while the average price for exports to Belgium ($8.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+48.9%), while the prices for the other major destinations experienced a decline.

Musical Boxes Imports in Mexico

In 2022, purchases abroad of musical boxeses was finally on the rise to reach 355K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous contraction. Imports peaked at 962K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, musical boxes imports fell sharply to $1.6M in 2022. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 86%. Over the period under review, imports attained the maximum at $2.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Musical Boxes to Mexico in 2022:

1. China (341.1K units)
2. Switzerland (7.3K units)

Musical Boxes Exports in Mexico

In 2022, the amount of musical boxeses exported from Mexico totaled 2.7K units, with an increase of 13% on 2021 figures. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 249%. As a result, the exports attained the peak of 3K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, musical boxes exports surged to $25K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 118%. As a result, the exports attained the peak of $28K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Musical Boxes from Mexico in 2022:

1. Belgium (2350.0 units)
2. Bolivia (165.0 units)
3. Costa Rica (77.0 units)
4. Panama (36.0 units)

Source: IndexBox Market Intelligence Platform