Price for Tin; Waste and Scrap in Mexico - 2023

Contents:

1. Price for Tin; Waste and Scrap in Mexico (FOB) - 2023
2. Price for Tin; Waste and Scrap in Mexico (CIF) - 2022
3. Exports of Tin; Waste and Scrap in Mexico
4. Imports of Tin; Waste and Scrap in Mexico

Price for Tin; Waste and Scrap in Mexico (FOB) - 2023

In August 2023, the average tin; waste and scrap export price amounted to $20,310 per ton, dropping by -3.3% against the previous month. In general, the export price recorded a perceptible contraction. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 24% against the previous month. Over the period under review, the average export prices reached the maximum at $31,126 per ton in November 2022; however, from December 2022 to August 2023, 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 November 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -4.6% per month.

Price for Tin; Waste and Scrap in Mexico (CIF) - 2022

In 2022, the average tin; waste and scrap import price amounted to $3,039 per ton, with a decrease of -46.6% against the previous year. In general, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. As a result, import price attained the peak level of $7,476 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,039 per ton), while the price for the UK stood at $3,026 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.7%).

Exports of Tin; Waste and Scrap in Mexico

In 2022, overseas shipments of tin; waste and scraps decreased by -6% to 201 tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 313 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tin; waste and scrap exports reduced to $3.2M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Tin; Waste and Scrap from Mexico in 2022:

1. United States (201.5 tons)

Imports of Tin; Waste and Scrap in Mexico

In 2022, the amount of tin; waste and scraps imported into Mexico soared to 12 tons, with an increase of 124% on the previous year. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tin; waste and scrap imports surged to $36K in 2022. Overall, imports, however, saw a deep downturn.

Top Suppliers of Tin; Waste and Scrap to Mexico in 2022:

1. United States (11.7 tons)
2. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform