Price for Vehicles; Mobile Drilling Derricks in Mexico - 2023
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Mexico (CIF) - 2023
- Imports of Vehicles; Mobile Drilling Derricks in Mexico
Price for Vehicles; Mobile Drilling Derricks in Mexico (CIF) - 2023
The average vehicles; mobile drilling derricks import price stood at $8,405 per unit in June 2023, rising by 8.4% against the previous month. Overall, the import price posted a resilient expansion. The pace of growth was the most pronounced in March 2023 when the average import price increased by 75% month-to-month. As a result, import price attained the peak level of $8,884 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,718 per unit), while the price for Canada amounted to $5,484 per unit.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.8%).
Imports of Vehicles; Mobile Drilling Derricks in Mexico
In 2022, purchases abroad of vehicles; mobile drilling derrickses decreased by -72.5% to 25 units, falling for the second consecutive year after two years of growth. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 247%. As a result, imports attained the peak of 149 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, vehicles; mobile drilling derricks imports dropped dramatically to $3.5M in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 279% against the previous year. As a result, imports reached the peak of $23M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Vehicles; Mobile Drilling Derricks in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.7 | 21.1 | 12.5 | 3.1 | -18.4% |
| Canada | 0.3 | 1.6 | 1.0 | 0.4 | 10.1% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 6.0 | 22.8 | 13.5 | 3.5 | -16.4% |
Top Suppliers of Vehicles; Mobile Drilling Derricks to Mexico in 2022:
- United States (22.0 units)
- Canada (3.0 units)
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