Mexico: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Mexico

The Mexican laptop and tablet computer market shrank to $X in 2023, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Production of Laptops and Palm-Top Computers in Mexico

In value terms, laptop and tablet computer production declined to $X in 2023 estimated in export price. In general, production, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

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Exports of Laptops and Palm-Top Computers

Exports from Mexico

In 2023, overseas shipments of laptops and palm-top computers increased by X% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, laptop and tablet computer exports skyrocketed to $X in 2023. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for laptop and tablet computer exports from Mexico, accounting for a X% share of total exports. Moreover, laptop and tablet computer exports to the United States exceeded the volume sent to the second major destination, China (X units), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for laptops and palm-top computers exports from Mexico, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the United States totaled X%.

Export Prices by Country

The average laptop and tablet computer export price stood at $X per unit in 2023, jumping by X% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United States totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Imports of Laptops and Palm-Top Computers

Imports into Mexico

In 2023, approx. X units of laptops and palm-top computers were imported into Mexico; flattening at 2022 figures. Overall, imports recorded a slight setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, laptop and tablet computer imports reduced to $X in 2023. In general, imports continue to indicate a mild slump. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X units) constituted the largest laptop and tablet computer supplier to Mexico, with a X% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), tenfold.

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

In value terms, China ($X) constituted the largest supplier of laptops and palm-top computers to Mexico, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

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

Import Prices by Country

In 2023, the average laptop and tablet computer import price amounted to $X per unit, declining by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform