Electro-Mechanical Tool Market Overview in Mexico
In value terms, electro-mechanical tool production surged to $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.
The value of the electro-mechanical tool market in Mexico skyrocketed to $ in 2018, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.