Price for Copper; Powders and Flakes in Mexico - 2023

Contents:

1. Price for Copper; Powders and Flakes in Mexico (CIF) - 2023
2. Price for Copper; Powders and Flakes in Mexico (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Mexico
4. Exports of Copper; Powders and Flakes in Mexico

Price for Copper; Powders and Flakes in Mexico (CIF) - 2023

The average copper; powders and flakes import price stood at $113K per ton in June 2023, surging by 490% against the previous month. Overall, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.

Price for Copper; Powders and Flakes in Mexico (FOB) - 2022

In 2022, the average copper; powders and flakes export price amounted to $2,646 per ton, declining by -79.2% against the previous year. In general, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 45%. Over the period under review, the average export prices hit record highs at $12,750 per ton in 2021, and then contracted remarkably in the following year.

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 Thailand amounted to +65.6% per year.

Imports of Copper; Powders and Flakes in Mexico

In 2022, after three years of growth, there was significant decline in purchases abroad of copper; powders and flakeses, when their volume decreased by -23.4% to 308 tons. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of 402 tons, and then fell sharply in the following year.

In value terms, copper; powders and flakes imports dropped to $6.7M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $7.6M, and then reduced in the following year.

Top Suppliers of Copper; Powders and Flakes to Mexico in 2022:

1. United States (174.6 tons)
2. Germany (130.9 tons)
3. China (2.3 tons)

Exports of Copper; Powders and Flakes in Mexico

In 2022, the amount of copper; powders and flakeses exported from Mexico reduced rapidly to 96 tons, with a decrease of -33.5% on the year before. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 114%. As a result, the exports attained the peak of 145 tons, and then fell dramatically in the following year.

In value terms, copper; powders and flakes exports shrank significantly to $255K in 2022. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 196%. As a result, the exports reached the peak of $1.8M, and then fell remarkably in the following year.

Top Export Markets for Copper; Powders and Flakes from Mexico in 2022:

1. United States (22.9 tons)

Source: IndexBox Market Intelligence Platform