Sulphates; of Copper Price in Mexico - 2023
Contents:
- Sulphates; of Copper Price in Mexico (FOB) - 2023
- Sulphates; of Copper Price in Mexico (CIF) - 2022
- Sulphates; of Copper Exports in Mexico
- Sulphates; of Copper Imports in Mexico
Sulphates; of Copper Price in Mexico (FOB) - 2023
In June 2023, the average sulphates; of copper export price amounted to $2,822 per ton, shrinking by -5% against the previous month. Over the period under review, the export price saw a slight descent. The pace of growth was the most pronounced in February 2023 an increase of 6.5% m-o-m. The export price peaked at $3,170 per ton in June 2022; however, from July 2022 to June 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 the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -1.0% per month.
Sulphates; of Copper Price in Mexico (CIF) - 2022
The average sulphates; of copper import price stood at $4,932 per ton in 2022, with an increase of 6% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 122%. As a result, import price reached the peak level of $5,306 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, 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 +0.3% per year.
Sulphates; of Copper Exports in Mexico
Sulphates; of copper exports from Mexico contracted remarkably to 22K tons in 2022, with a decrease of -19.6% compared with the year before. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 0.5% against the previous year.
In value terms, sulphates; of copper exports contracted to $67M in 2022. In general, exports showed a slight contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. As a result, the exports attained the peak of $77M, and then contracted in the following year.
| Export of Sulphates; of Copper in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 61.8 | 65.9 | 76.9 | 66.9 | 2.7% |
| Canada | 6.3 | N/A | N/A | N/A | 0% |
| Others | 2.1 | 0.2 | 0.1 | 0.3 | -47.7% |
| Total | 70.3 | 66.1 | 77.0 | 67.2 | -1.5% |
Top Export Markets for Sulphates; of Copper from Mexico in 2022:
- United States (22.4K tons)
Sulphates; of Copper Imports in Mexico
In 2022, purchases abroad of sulphates; of coppers was finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a sharp contraction.
In value terms, sulphates; of copper imports surged to $55K in 2022. Overall, imports, however, showed a precipitous setback.
| Import of Sulphates; of Copper in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 566 | 342 | 40.6 | 55.1 | -54.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 566 | 342 | 40.6 | 55.1 | -54.0% |
Top Suppliers of Sulphates; of Copper to Mexico in 2022:
- United States (11.2 tons)
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