Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico (CIF) - 2023
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico (CIF) - 2023
In June 2023, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $38,049 per ton, which is down by -13.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 9% month-to-month. As a result, import price attained the peak level of $43,844 per ton, and then shrank 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 December 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.1% per month.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico (FOB) - 2022
The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $40,168 per ton in 2022, picking up by 43% against the previous year. In general, the export price showed a slight expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 74% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
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 +1.4% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico
In 2022, approx. 4.7K tons of nickel; bars, rods and profiles, of nickel alloyses were imported into Mexico; growing by 71% compared with 2021. In general, imports recorded a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $163M in 2022. Over the period under review, imports recorded a pronounced expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 133 | 78.7 | 74.6 | 154 | 5.0% |
| Italy | 1.2 | 1.3 | 0.6 | 3.1 | 37.2% |
| Others | 18.2 | 4.3 | 3.0 | 6.0 | -30.9% |
| Total | 152 | 84.3 | 78.2 | 163 | 2.4% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Mexico in 2022:
- United States (4.4K tons)
- Italy (0.1K tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico
In 2022, exports of nickel; bars, rods and profiles, of nickel alloyses from Mexico surged to 16 tons, jumping by 231% compared with the previous year. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,129%. As a result, the exports reached the peak of 86 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $652K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,090%. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 222 | 2,645 | 137 | 652 | 43.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 222 | 2,645 | 137 | 652 | 43.2% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Mexico in 2022:
- United States (16.2 tons)
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