Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico - 2023

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico (CIF) - 2023
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico (FOB) - 2022
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico (CIF) - 2023

The average import price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $2,650 per ton in December 2023, waning by -5.7% against the previous month. Overall, import price indicated prominent growth from December 2022 to December 2023: its price increased at an average monthly rate of +8.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for glass; unworked, in tubes, of fused quartz or other fused silica decreased by -5.7% against November 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 194% m-o-m. Over the period under review, average import prices reached the maximum at $2,987 per ton in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Germany ($2,995 per ton) and the United States ($2,837 per ton), while the price for Brazil ($2,217 per ton) and China ($2,381 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico (FOB) - 2022

The average export price for glass; unworked, in tubes, of fused quartz or other fused silica stood at $13,853 per ton in 2022, falling by -65.9% against the previous year. In general, the export price, however, recorded slight growth. The pace of growth was the most pronounced in 2014 an increase of 613%. The export price peaked at $109,728 per ton in 2019; however, from 2020 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 the United States amounted to -4.7% per year.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico

In 2022, imports of glass; unworked, in tubes, of fused quartz or other fused silica into Mexico surged to 35K tons, growing by 16% against 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica rose markedly to $87M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 41%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Mexico in 2022:

1. United States (24.1K tons)
2. Brazil (5.8K tons)
3. Germany (4.1K tons)
4. China (0.9K tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Mexico

In 2022, the amount of glass; unworked, in tubes, of fused quartz or other fused silica exported from Mexico soared to 4.4 tons, growing by 25,659% on the year before. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica skyrocketed to $61K in 2022. Over the period under review, exports, however, showed a deep setback.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from Mexico in 2022:

1. United States (4.4 tons)

Source: IndexBox Market Intelligence Platform