Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico (CIF) - 2023
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico (FOB) - 2023
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico (CIF) - 2023
The average import price for electric generators stood at $32,730 per unit in October 2023, remaining relatively unchanged against the previous month. In general, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 29% m-o-m. Over the period under review, average import prices reached the maximum at $38,060 per unit in October 2022; afterwards, it flattened through to October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($63,678 per unit), while the price for China totaled $11,160 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico (FOB) - 2023
In October 2023, the average export price for electric generators amounted to $22,722 per unit, surging by 11% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $23,321 per unit in May 2023; afterwards, it flattened through to October 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -0.1% per month.
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico
In 2022, approx. 1.8K units of electric generators were imported into Mexico; surging by 6.1% on the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 2.1K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of electric generators reduced markedly to $85M in 2022. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. As a result, imports reached the peak of $193M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.7 | 160 | 114 | 65.9 | -11.7% |
| United States | 10.0 | 8.0 | 9.9 | 17.7 | 21.0% |
| Spain | 19.8 | 23.2 | 4.7 | 1.6 | -56.8% |
| South Korea | 3.5 | 0.9 | N/A | N/A | -74.3% |
| Others | 1.1 | 1.6 | N/A | N/A | 45.5% |
| Total | 130 | 193 | 129 | 85.2 | -13.1% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Mexico in 2022:
- United States (1102.0 units)
- China (650.0 units)
- Spain (96.0 units)
Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico
Exports of electric generators from Mexico soared to 3.9K units in 2022, jumping by 40% on 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of electric generators soared to $84M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 53.7 | 54.2 | 51.9 | 84.1 | 16.1% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 54.1 | 54.2 | 51.9 | 84.1 | 15.8% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Mexico in 2022:
- United States (3.9K units)
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