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Mexico - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 9, 2023

Iron Oxide Pigment Price in Mexico Averages $1,960 per Ton

Mexico Iron Oxide Pigment Import Price in November 2022

In November 2022, the iron oxide pigment price stood at $1,960 per ton (CIF, Mexico), approximately equating the previous month. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in February 2022 an increase of 10% against the previous month. Over the period under review, average import prices hit record highs at $4,709 per ton in November 2021; however, from December 2021 to November 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,928 per ton), while the price for the United States ($956 per ton) was amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRY	Import Price of Iron Oxide Pigment in Mexico (USD per ton)
COUNTRY	Nov 2021	Dec 2021	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022
Germany	1,437	N/A	2,025	2,384	N/A	2,471	2,311	N/A	2,581	2,524	2,595	N/A	2,928
China	N/A	N/A	1,702	1,809	N/A	2,131	1,772	N/A	1,891	1,870	1,796	N/A	1,457
United States	N/A	N/A	930	905	N/A	991	999	N/A	918	1,107	1,016	N/A	956
Brazil	N/A	N/A	1,091	1,536	N/A	1,153	1,688	N/A	N/A	N/A	1,321	N/A	N/A
Average	4,709	N/A	1,496	1,646	N/A	1,744	1,608	N/A	1,665	1,815	1,757	N/A	1,960

Mexico Iron Oxide Pigment Imports

In November 2022, approximately 2.2K tons of iron oxide pigments were imported into Mexico; approximately mirroring the previous month. In general, imports enjoyed a strong increase. The most prominent rate of growth was recorded in May 2022 with an increase of 33% m-o-m. As a result, imports reached the peak of 2.6K tons. From June 2022 to November 2022, the growth of imports remained at a somewhat lower figure.

In value terms, iron oxide pigment imports surged to $4.4M (IndexBox estimates) in November 2022. Over the period under review, total imports indicated a resilient expansion from November 2021 to November 2022: its value increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, imports increased by +38.7% against October 2022 indices. The pace of growth appeared the most rapid in March 2022 when imports increased by 43% month-to-month. Imports peaked in November 2022.

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Mexico Iron Oxide Pigment Imports by Country

Germany (996 tons), the United States (698 tons) and China (522 tons) were the main suppliers of iron oxide pigment imports to Mexico, with a combined 99% share of total imports.

From November 2021 to November 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +6.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($2.9M) constituted the largest supplier of iron oxide pigment to Mexico, comprising 66% of total imports. The second position in the ranking was taken by China ($760K), with a 17% share of total imports.

From November 2021 to November 2022, the average monthly rate of growth in terms of value from Germany stood at +12.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-1.2% per month) and the United States (-0.1% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Mexico - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

Iron Oxide Pigment Price in Mexico Averages $1,960 per Ton

Mexico Iron Oxide Pigment Import Price in November 2022

Mexico Iron Oxide Pigment Imports

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Mexico Iron Oxide Pigment Imports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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