Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $3,656 per ton, increasing by 7.6% against the previous year. Overall, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 59%. As a result, import price attained the peak level of $4,108 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,878 per ton), while the price for France ($2,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $2,825 per ton in 2022, surging by 8.7% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,200 per ton), while the average price for exports to Colombia ($240 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 Cuba (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico

In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores imported into Mexico surged to 823K tons, rising by 20% against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $3B in 2022. In general, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Mexico in 2022:

1. United States (405.3K tons)
2. Japan (202.2K tons)
3. China (53.9K tons)
4. Germany (31.9K tons)
5. France (25.4K tons)
6. Canada (23.2K tons)
7. South Korea (19.3K tons)
8. Taiwan (Chinese) (16.8K tons)
9. Netherlands (11.8K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Mexico

Exports of alloy steel flat-rolled products, of a width 600mm or mores from Mexico expanded sharply to 5.9K tons in 2022, surging by 6.2% compared with 2021. Over the period under review, exports, however, continue to indicate a deep setback.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores soared to $17M in 2022. In general, exports, however, showed a mild curtailment.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Mexico in 2022:

1. United States (4.9K tons)
2. Japan (0.3K tons)
3. Guatemala (0.3K tons)
4. Colombia (0.3K tons)

Source: IndexBox Market Intelligence Platform