Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $38,592 per ton in 2022, growing by 4.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29% against the previous year. The import price peaked at $42,009 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($41,556 per ton), while the price for Japan ($25,077 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico (FOB) - 2022

In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $37,575 per ton, picking up by 1.9% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 55% against the previous year. As a result, the export price reached the peak level of $273,724 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($328,385 per ton), while the average price for exports to China ($11,369 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 Canada (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico

After two years of decline, supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses increased by 4.1% to 655 tons in 2022. Overall, imports, however, saw a abrupt slump.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses rose notably to $25M in 2022. In general, imports, however, saw a pronounced setback.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.812.911.919.24.6%
Germany10.48.29.63.4-31.1%
Japan0.41.21.32.481.7%
ChinaN/AN/A0.10.3200.0%
Others0.30.40.4N/A15.5%
Total27.822.723.325.3-3.1%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Mexico in 2022:

  1. United States (461.5 tons)
  2. Japan (94.2 tons)
  3. Germany (88.7 tons)
  4. China (10.4 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico

In 2022, approx. 2.5 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were exported from Mexico; reducing by -50.9% on the previous year. Over the period under review, exports recorded a significant curtailment.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses shrank sharply to $94K in 2022. Overall, exports faced a dramatic decline.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Mexico (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Canada51.740.1-22.4%
United States12439.3-68.3%
VietnamN/A3.10%
Germany3.22.4-25.0%
China1.61.0-37.5%
Others6.98.015.9%
Total18893.9-50.1%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Mexico in 2022:

  1. United States (1916.0 kg)
  2. Vietnam (147.0 kg)
  3. Canada (122.0 kg)
  4. Germany (120.0 kg)
  5. China (84.0 kg)

Source: IndexBox Market Intelligence Platform

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