Metals; Silver Powder Price in Mexico - 2023

Contents:

1. Metals; Silver Powder Price in Mexico (CIF) - 2023
2. Metals; Silver Powder Price in Mexico (FOB) - 2022
3. Metals; Silver Powder Imports in Mexico
4. Metals; Silver Powder Exports in Mexico

Metals; Silver Powder Price in Mexico (CIF) - 2023

The average metals; silver powder import price stood at $871K per ton in June 2023, remaining stable against the previous month. Over the period under review, the import price, however, saw strong growth. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 119% against the previous month. As a result, import price reached the peak level of $882K per ton, and then dropped modestly in the following month.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +12.7% per month.

Metals; Silver Powder Price in Mexico (FOB) - 2022

In 2022, the average metals; silver powder export price amounted to $193,997 per ton, with a decrease of -19% against the previous year. In general, the export price, however, showed a pronounced expansion. The growth pace was the most rapid in 2015 an increase of 178% against the previous year. The export price peaked at $604,120 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($416,073 per ton), while the average price for exports to Switzerland ($124,593 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+10.8%).

Metals; Silver Powder Imports in Mexico

In 2022, overseas purchases of metals; silver powder decreased by -70.7% to 55 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 188 tons, and then dropped sharply in the following year.

In value terms, metals; silver powder imports declined markedly to $15M in 2022. Over the period under review, imports, however, recorded a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, imports attained the peak of $31M, and then fell markedly in the following year.

Top Suppliers of Metals; Silver Powder to Mexico in 2022:

1. United States (55.2 tons)

Metals; Silver Powder Exports in Mexico

In 2022, the amount of metals; silver powder exported from Mexico dropped to 3 tons, reducing by -13.7% against the previous year's figure. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 534%. As a result, the exports reached the peak of 3.5 tons, and then fell in the following year.

In value terms, metals; silver powder exports reduced dramatically to $583K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. As a result, the exports reached the peak of $834K, and then shrank significantly in the following year.

Top Export Markets for Metals; Silver Powder from Mexico in 2022:

1. United States (1.2 tons)
2. Switzerland (1.2 tons)
3. Canada (0.6 tons)

Source: IndexBox Market Intelligence Platform