Price for Stainless Steel in Ingots or Other Primary Forms in Mexico - 2022
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in Mexico (CIF) - 2022
- Price for Stainless Steel in Ingots or Other Primary Forms in Mexico (FOB) - 2022
- Imports of Stainless Steel in Ingots or Other Primary Forms in Mexico
- Exports of Stainless Steel in Ingots or Other Primary Forms in Mexico
Price for Stainless Steel in Ingots or Other Primary Forms in Mexico (CIF) - 2022
The average import price for stainless steel in ingots or other primary forms stood at $2,800 per ton in 2022, almost unchanged from the previous year. Overall, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 51%. As a result, import price reached the peak level of $6,683 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +12.5% per year.
Price for Stainless Steel in Ingots or Other Primary Forms in Mexico (FOB) - 2022
The average export price for stainless steel in ingots or other primary forms stood at $1,547 per ton in 2022, approximately reflecting the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of 16% against the previous year. The export price peaked at $2,168 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +13.2% per year.
Imports of Stainless Steel in Ingots or Other Primary Forms in Mexico
In 2022, after two years of decline, there was significant growth in overseas purchases of stainless steel in ingots or other primary forms, when their volume increased by 16% to 1.5K tons. Overall, imports, however, continue to indicate a abrupt slump.
In value terms, imports of stainless steel in ingots or other primary forms soared to $4.2M in 2022. Over the period under review, imports, however, saw a deep contraction.
| Import of Stainless Steel in Ingots or Other Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.2 | 4.9 | 3.6 | 4.2 | -16.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.2 | 4.9 | 3.6 | 4.2 | -16.4% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Mexico in 2022:
- United States (320.6 tons)
Exports of Stainless Steel in Ingots or Other Primary Forms in Mexico
In 2022, overseas shipments of stainless steel in ingots or other primary forms decreased by 0% to 83 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 810%. As a result, the exports attained the peak of 395 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of stainless steel in ingots or other primary forms totaled $129K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 779%. As a result, the exports reached the peak of $655K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Stainless Steel in Ingots or Other Primary Forms in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 74.5 | 655 | N/A | 129 | 20.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 74.5 | 655 | N/A | 129 | 20.1% |
Top Export Markets for Stainless Steel in Ingots or Other Primary Forms from Mexico in 2022:
- United States (83.2 tons)
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