Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico - 2023
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico (FOB) - 2023
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico (CIF) - 2023
- Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico (FOB) - 2023
In November 2023, the average export price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $17,147 per ton, approximately reflecting the previous month. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in August 2023 an increase of 3.2% m-o-m. Over the period under review, the average export prices attained the peak figure at $20,069 per ton in March 2023; however, from April 2023 to November 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -1.4% per month.
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico (CIF) - 2023
In November 2023, the average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) amounted to $21,605 per ton, shrinking by -39.4% against the previous month. In general, the import price, however, saw a moderate increase. The pace of growth appeared the most rapid in December 2022 an increase of 160% month-to-month. Over the period under review, average import prices hit record highs at $43,879 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($24,390 per ton), while the price for China stood at $7,220 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.6%).
Exports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico
In 2022, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) from Mexico fell to 1.1K tons, reducing by -7.1% compared with the year before. In general, exports recorded a sharp decline.
In value terms, exports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) declined slightly to $20M in 2022. Overall, exports continue to indicate a precipitous contraction.
| Export of Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 38.4 | 28.1 | 20.5 | 19.5 | -20.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.4 | 28.1 | 20.5 | 19.5 | -20.2% |
Top Export Markets for Cupro-Nickel and Nickel Silver Tubes and Pipes from Mexico in 2022:
- United States (1.1K tons)
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico
In 2022, purchases abroad of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) decreased by -3.8% to 95 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 5.3%. As a result, imports attained the peak of 363 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) shrank modestly to $2.2M in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 3.0 | 2.3 | 2.2 | -10.8% |
| South Korea | N/A | 1.3 | N/A | N/A | 0% |
| China | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Germany | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 4.4 | 2.3 | 2.2 | -17.4% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Mexico in 2022:
- United States (94.6 tons)
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