Carbonates; Strontium Carbonate Price in Mexico - 2022
Contents:
- Carbonates; Strontium Carbonate Price in Mexico (FOB) - 2022
- Carbonates; Strontium Carbonate Price in Mexico (CIF) - 2022
- Carbonates; Strontium Carbonate Exports in Mexico
- Carbonates; Strontium Carbonate Imports in Mexico
Carbonates; Strontium Carbonate Price in Mexico (FOB) - 2022
In 2022, the average carbonates; strontium carbonate export price amounted to $1,487 per ton, picking up by 88% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United States amounted to +6.8% per year.
Carbonates; Strontium Carbonate Price in Mexico (CIF) - 2022
The average carbonates; strontium carbonate import price stood at $1,232 per ton in 2022, surging by 4.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 145% against the previous year. The import price peaked at $1,247 per ton in 2019; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,441 per ton), while the price for the United States ($1,102 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Strontium Carbonate Exports in Mexico
In 2022, carbonates; strontium carbonate exports from Mexico fell sharply to 328 tons, dropping by -98.4% compared with 2021 figures. Over the period under review, exports recorded a sharp reduction. The smallest decline of -6.6% was in 2021.
In value terms, carbonates; strontium carbonate exports reduced sharply to $487K in 2022. Overall, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3.4%.
Export of Carbonates; Strontium Carbonate in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.4 | 3.6 | 4.7 | 0.5 | -54.8% |
South Korea | 3.4 | 2.0 | 1.9 | N/A | -25.2% |
Japan | 0.7 | 1.0 | 1.1 | N/A | 25.4% |
Vietnam | 2.5 | 1.9 | 1.5 | N/A | -22.5% |
France | 0.6 | 0.3 | 0.4 | N/A | -18.4% |
India | 3.8 | 3.4 | 2.1 | N/A | -25.7% |
Brazil | 1.2 | 1.6 | 1.0 | N/A | -8.7% |
Others | 2.0 | 1.8 | 3.4 | N/A | 30.4% |
Total | 19.6 | 15.6 | 16.1 | 0.5 | -70.6% |
Top Export Markets for Carbonates; Strontium Carbonate from Mexico in 2022:
- United States (327.8 tons)
Carbonates; Strontium Carbonate Imports in Mexico
Carbonates; strontium carbonate imports into Mexico soared to 69 tons in 2022, increasing by 108% on 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 152%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, carbonates; strontium carbonate imports soared to $85K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 227% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Carbonates; Strontium Carbonate in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.5 | 3.7 | 13.2 | 56.3 | 152.4% |
Germany | 9.0 | 3.2 | 14.5 | 16.1 | 21.4% |
China | 6.4 | 4.6 | 10.3 | 11.5 | 21.6% |
Others | 0.9 | 0.5 | 1.1 | 1.2 | 10.1% |
Total | 19.8 | 11.9 | 39.1 | 85.0 | 62.5% |
Top Suppliers of Carbonates; Strontium Carbonate to Mexico in 2022:
- United States (51.1 tons)
- Germany (12.7 tons)
- China (4.7 tons)
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Imports of Carbonate remained stagnant from January 2023 to August 2023, with the value amounting to $35M in August 2023.
Imports of Sodium Carbonate decreased to $35M in June 2023 in terms of value.
During the period from June 2023 to August 2023, the exports of Calcium Carbonate experienced a lack of growth momentum. In terms of value, the exports of Calcium Carbonate drastically decreased to a total of $220K in August 2023.
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