Price for Railway or Tramway Track Constructions of Iron or Steel in Mexico - 2024
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Mexico (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Mexico (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Mexico
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Mexico
Price for Railway or Tramway Track Constructions of Iron or Steel in Mexico (CIF) - 2022
In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $2,680 per ton, increasing by 6.2% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 China ($3,609 per ton), while the price for Germany ($1,162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Mexico (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $7,037 per ton in 2022, rising by 16% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +9.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for railway or tramway track constructions of iron or steel increased by +79.8% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 45%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 +9.8% per year.
Imports of Railway or Tramway Track Constructions of Iron or Steel in Mexico
In 2022, after two years of decline, there was significant growth in purchases abroad of railway or tramway track constructions of iron or steel, when their volume increased by 14% to 50K tons. Overall, imports, however, showed a pronounced curtailment.
In value terms, imports of railway or tramway track constructions of iron or steel soared to $135M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 87.4 | 52.0 | 89.3 | 94.3 | 2.6% |
| China | 6.7 | 40.5 | 16.9 | 26.3 | 57.7% |
| Germany | 1.9 | 1.5 | 1.1 | 7.9 | 60.8% |
| Spain | 3.9 | 9.8 | 3.0 | 5.5 | 12.1% |
| Others | 10.2 | 7.4 | 0.6 | 1.0 | -53.9% |
| Total | 110 | 111 | 111 | 135 | 7.1% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Mexico in 2022:
- United States (33.9K tons)
- China (7.3K tons)
- Germany (6.8K tons)
- Spain (2.1K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Mexico
Exports of railway or tramway track constructions of iron or steel from Mexico skyrocketed to 175 tons in 2022, rising by 83% compared with 2021. In general, exports enjoyed a notable expansion.
In value terms, exports of railway or tramway track constructions of iron or steel surged to $1.2M in 2022. Over the period under review, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 744 | 1,065 | 581 | 1,232 | 18.3% |
| Others | 1.0 | 28.0 | N/A | N/A | 2700.0% |
| Total | 745 | 1,093 | 581 | 1,232 | 18.3% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Mexico in 2022:
- United States (175.1 tons)
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This report provides an in-depth analysis of the steel railway material market in Mexico.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Mexico.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1323
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1299
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
986
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1323
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
