Salts; Molybdates Price in Mexico - 2023
Contents:
Salts; Molybdates Price in Mexico (CIF) - 2022
The average salts; molybdates import price stood at $25,854 per ton in 2022, jumping by 45% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts; molybdates import price increased by +105.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($26,639 per ton), while the price for India stood at $20,526 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Molybdates Imports in Mexico
In 2022, salts; molybdates imports into Mexico reduced dramatically to 31 tons, with a decrease of -35.6% compared with the year before. In general, imports continue to indicate a sharp contraction. The smallest decline of -28.1% was in 2020.
In value terms, salts; molybdates imports shrank to $811K in 2022. Over the period under review, imports faced a dramatic decrease.
| Import of Salts; Molybdates in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 506 | 492 | 668 | 728 | 12.9% |
| India | 742 | 369 | 198 | 82.6 | -51.9% |
| Italy | 328 | 116 | N/A | N/A | -64.6% |
| Others | 6.7 | N/A | N/A | N/A | 0% |
| Total | 1,583 | 977 | 866 | 811 | -20.0% |
Top Suppliers of Salts; Molybdates to Mexico in 2022:
- United States (27.3 tons)
- India (4.0 tons)
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