Mexico - Zinc Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Zinc Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Price for Zinc Ores and Concentrates in Mexico - 2023

Contents:

  1. Price for Zinc Ores and Concentrates in Mexico (FOB) - 2023
  2. Price for Zinc Ores and Concentrates in Mexico (CIF) - 2022
  3. Exports of Zinc Ores and Concentrates in Mexico
  4. Imports of Zinc Ores and Concentrates in Mexico

Price for Zinc Ores and Concentrates in Mexico (FOB) - 2023

In May 2023, the average zinc ores and concentrates export price amounted to $961 per ton, declining by -17.8% against the previous month. In general, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 39% against the previous month. The export price peaked at $1,649 per ton in June 2022; however, from July 2022 to May 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From May 2022 to May 2023, the rate of growth in terms of prices for Japan amounted to 0.0% per month.

Price for Zinc Ores and Concentrates in Mexico (CIF) - 2022

The average zinc ores and concentrates import price stood at $1,350 per ton in March 2022, leveling off at the previous month. In general, the import price showed a slight decrease. As a result, import price reached the peak level of $1,385 per ton; afterwards, it flattened through to March 2022.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From January 2022 to March 2022, the rate of growth in terms of prices for Peru amounted to 0.0% per month.

Exports of Zinc Ores and Concentrates in Mexico

Zinc ores and concentrates exports from Mexico skyrocketed to 269K tons in 2022, growing by 55% on 2021. Overall, exports, however, faced a precipitous descent.

In value terms, zinc ores and concentrates exports skyrocketed to $399M in 2022. In general, exports, however, continue to indicate a abrupt descent.

Export of Zinc Ores and Concentrates in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea292272100178-15.2%
Belgium14480.484.3110-8.6%
Japan94.778.918.749.2-19.6%
Canada75.643.815.134.5-23.0%
Switzerland40.934.422.629.4-10.4%
China38.60.87.611.9-32.4%
SpainN/A65.9N/AN/A0%
Others-29.969.7N/A-13.3-23.7%
Total656646248399-15.3%

Top Export Markets for Zinc Ores and Concentrates from Mexico in 2022:

  1. South Korea (169.7K tons)
  2. Belgium (95.6K tons)
  3. Japan (49.9K tons)
  4. Canada (32.6K tons)
  5. Switzerland (32.4K tons)
  6. China (11.5K tons)

Imports of Zinc Ores and Concentrates in Mexico

In 2022, purchases abroad of zinc ores and concentrates decreased by -65.2% to 12K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 66% against the previous year. As a result, imports attained the peak of 59K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, zinc ores and concentrates imports contracted notably to $16M in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 60% against the previous year. As a result, imports reached the peak of $52M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Zinc Ores and Concentrates in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea47.217.736.447.40.1%
PeruN/A40.7N/AN/A0%
Others-14.9-6.7N/A-31.728.6%
Total32.351.836.415.7-21.4%

Top Suppliers of Zinc Ores and Concentrates to Mexico in 2022:

  1. South Korea (46.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for zinc ores and concentrates in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 07291520 -

Country coverage:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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