Mexico: Knife And Scissors Market 2024

Knife And Scissors Market Size in Mexico

For the eighth consecutive year, the Mexican knife and scissors market recorded growth in sales value, which increased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Knife and scissors consumption peaked in 2023 and is likely to continue growth in the immediate term.

Knife And Scissors Production in Mexico

In value terms, knife and scissors production amounted to $X in 2023 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Knife And Scissors Exports

Exports from Mexico

In 2023, after four years of growth, there was significant decline in shipments abroad of knives, scissors and blades, when their volume decreased by X% to X units. Over the period under review, exports showed a slight shrinkage. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, knife and scissors exports reduced slightly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for knife and scissors exports from Mexico, accounting for a X% share of total exports. It was followed by Guatemala (X units), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Costa Rica (X% per year).

In value terms, the United States ($X) remains the key foreign market for knives, scissors and blades exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Costa Rica (X% per year).

Export Prices by Country

In 2023, the average knife and scissors export price amounted to $X per unit, growing by X% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2023, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Guatemala ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (X%), while the prices for the other major destinations experienced more modest paces of growth.

Knife And Scissors Imports

Imports into Mexico

Knife and scissors imports into Mexico expanded slightly to X units in 2023, picking up by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, knife and scissors imports dropped to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then dropped in the following year.

Imports by Country

In 2023, China (X units) constituted the largest knife and scissors supplier to Mexico, with a X% share of total imports. Moreover, knife and scissors imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was taken by Brazil (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of knives, scissors and blades to Mexico, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Switzerland (X% per year).

Import Prices by Country

The average knife and scissors import price stood at $X per unit in 2023, declining by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2022, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform