Salts; Tungstates (Wolframates) Price in Mexico - 2022
Contents:
- Salts; Tungstates (Wolframates) Price in Mexico (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Mexico
Salts; Tungstates (Wolframates) Price in Mexico (CIF) - 2022
The average salts; tungstates (wolframates) import price stood at $23,450 per ton in 2022, surging by 29% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 57%. Over the period under review, average import prices reached the peak figure at $58,502 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 Germany ($86,378 per ton), while the price for the United States ($7,369 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.9%), while the prices for the other major suppliers experienced a decline.
Salts; Tungstates (Wolframates) Imports in Mexico
In 2022, after three years of growth, there was significant decline in purchases abroad of salts; tungstates (wolframates), when their volume decreased by -75.3% to 2 tons. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 77%.
In value terms, salts; tungstates (wolframates) imports shrank markedly to $46K in 2022. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 58%.
| Import of Salts; Tungstates (Wolframates) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.6 | 33.9 | 36.2 | 27.4 | 6.6% |
| Germany | 21.9 | 35.1 | 48.2 | 7.1 | -31.3% |
| United States | 21.3 | 34.6 | 48.3 | 6.5 | -32.7% |
| Others | 4.0 | 6.7 | 11.6 | 4.9 | 7.0% |
| Total | 69.8 | 110 | 144 | 45.9 | -13.0% |
Top Suppliers of Salts; Tungstates (Wolframates) to Mexico in 2022:
- China (957.0 kg)
- United States (879.0 kg)
- Germany (82.0 kg)
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