Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico (CIF) - 2023
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico (CIF) - 2023

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $2,438 per ton in June 2023, reducing by -18% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 565% m-o-m. As a result, import price reached the peak level of $16,322 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,557 per ton), while the price for Brazil ($929 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,293 per ton, with an increase of 15% against the previous year. Overall, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 62%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 +19.7% per year.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico

In 2022, after two years of decline, there was significant growth in supplies from abroad of granules and powders, of pig iron, spiegeleisen, iron or steels, when their volume increased by 30% to 43K tons. Overall, imports, however, showed a abrupt slump.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $97M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +74.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Mexico in 2022:

1. United States (24.7K tons)
2. Japan (6.0K tons)
3. Canada (4.5K tons)
4. Germany (3.0K tons)
5. China (2.4K tons)
6. Brazil (1.4K tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Mexico

In 2022, exports of granules and powders, of pig iron, spiegeleisen, iron or steels from Mexico soared to 2.3K tons, with an increase of 280% compared with 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $2.9M in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Mexico in 2022:

1. United States (2.3K tons)