Mexico: Off-Highway Dumper Market 2024

Off-Highway Dumper Market Size in Mexico

The Mexican off-highway dumper market expanded remarkably to $X in 2023, surging by X% against the previous year. Over the period under review, consumption recorded a pronounced increase. Over the period under review, the market reached the maximum level in 2023 and is likely to continue growth in the immediate term.

Off-Highway Dumper Production in Mexico

In value terms, off-highway dumper production reached $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Off-Highway Dumper Exports

Exports from Mexico

In 2020, the amount of dumpers for off-highway use exported from Mexico surged to X units, growing by X% against 2019. Over the period under review, exports, however, continue to indicate a abrupt decline. The exports peaked at X units in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, off-highway dumper exports soared to $X in 2020. In general, exports, however, recorded a dramatic slump. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

Exports by Country

The United States (X units), Nicaragua (X units) and Chile (X units) were the main destinations of off-highway dumper exports from Mexico, together comprising X% of total exports. Canada, South Africa, the United Arab Emirates, Poland, Australia, the UK, Israel, Sweden, Costa Rica and El Salvador lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the key foreign market for dumpers for off-highway use exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2020, the average annual growth rate of value to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

Export Prices by Country

The average off-highway dumper export price stood at $X per unit in 2020, jumping by X% against the previous year. Over the period under review, the export price, however, saw a deep setback. The export price peaked at $X per unit in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Israel (X%), while the prices for the other major destinations experienced mixed trend patterns.

Off-Highway Dumper Imports

Imports into Mexico

In 2023, off-highway dumper imports into Mexico skyrocketed to X units, increasing by X% compared with the previous year. In general, imports, however, showed a pronounced curtailment. Imports peaked at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, off-highway dumper imports skyrocketed to $X in 2023. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, the United States (X units) constituted the largest supplier of off-highway dumper to Mexico, with a X% share of total imports. Moreover, off-highway dumper imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), ninefold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Japan (X% per year).

In value terms, the United States ($X) constituted the largest supplier of dumpers for off-highway use to Mexico, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

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

Import Prices by Country

The average off-highway dumper import price stood at $X per unit in 2023, declining by X% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2023, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform