Mexico - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTin Bar Price in Mexico - 2023
Contents:
- Tin Bar Price in Mexico (CIF) - 2023
- Tin Bar Price in Mexico (FOB) - 2022
- Tin Bar Imports in Mexico
- Tin Bar Exports in Mexico
Tin Bar Price in Mexico (CIF) - 2023
The average tin bar import price stood at $31,486 per ton in June 2023, falling by -11.2% against the previous month. Over the period under review, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in May 2023 when the average import price increased by 13% against the previous month. The import price peaked at $43,931 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($74,418 per ton), while the price for Germany ($11,160 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tin Bar Price in Mexico (FOB) - 2022
In 2022, the average tin bar export price amounted to $41,470 per ton, increasing by 57% against the previous year. Over the period under review, the export price posted a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, 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 +6.2% per year.
Tin Bar Imports in Mexico
In 2022, approx. 1.3K tons of tin bars, rods, profiles and wires were imported into Mexico; approximately equating 2021 figures. In general, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 6.1%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, tin bar imports amounted to $45M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tin Bar in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.4 | 28.8 | 35.1 | 39.0 | 9.9% |
China | 0.9 | 1.2 | 2.0 | 2.8 | 46.0% |
Canada | 0.9 | 0.9 | 0.9 | 0.8 | -3.9% |
South Korea | 0.8 | 0.9 | 0.6 | 0.8 | 0.0% |
France | N/A | 1.7 | 0.1 | 0.5 | -45.8% |
Germany | 0.3 | 0.4 | 0.3 | 0.5 | 18.6% |
Japan | 0.5 | 0.8 | 0.9 | 0.4 | -7.2% |
Others | 0.5 | 1.1 | 0.1 | 0.3 | -15.7% |
Total | 33.3 | 35.8 | 40.0 | 45.0 | 10.6% |
Top Suppliers of Tin Bar to Mexico in 2022:
- United States (985.5 tons)
- China (163.4 tons)
- Canada (42.0 tons)
- South Korea (38.1 tons)
- Germany (32.5 tons)
- France (24.8 tons)
- Japan (21.8 tons)
Tin Bar Exports in Mexico
In 2022, exports of tin bars, rods, profiles and wires from Mexico dropped notably to 401 tons, shrinking by -42.8% on 2021 figures. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of 701 tons, and then fell rapidly in the following year.
In value terms, tin bar exports declined to $17M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 89%. As a result, the exports attained the peak of $18M, and then declined in the following year.
Export of Tin Bar in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.4 | 9.8 | 18.5 | 16.6 | 10.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.4 | 9.8 | 18.5 | 16.6 | 10.2% |
Top Export Markets for Tin Bar from Mexico in 2022:
- United States (401.1 tons)
This report provides an in-depth analysis of the tin bar market 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 24432400 - Tin bars, rods, profiles and wires
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tin bar market in Mexico.
This report provides an in-depth analysis of the global tin bar market.
This report provides an in-depth analysis of the tin bar market in Mexico.
This report provides an in-depth analysis of the global tin bar market.
In January 2023, the tin bar price amounted to $32,163 per ton (CIF, Mexico), picking up by 7.1% against the previous month.
In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...
In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...
In January 2023, the tin bar price amounted to $32,163 per ton (CIF, Mexico), picking up by 7.1% against the previous month.
In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...
In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...