Price for Zinc; Dust, Powders and Flakes in Mexico - 2023

Contents:

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

Price for Zinc; Dust, Powders and Flakes in Mexico (CIF) - 2023

The average import price for zinc; dust, powders and flakeses stood at $5,275 per ton in May 2023, with a decrease of -2.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 1.9% against the previous month. As a result, import price reached the peak level of $5,613 per ton. From April 2023 to May 2023, the average import prices remained at a somewhat lower figure.

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

From June 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.

Price for Zinc; Dust, Powders and Flakes in Mexico (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $1,839 per ton in 2021, growing by 63% against the previous year. Overall, the export price enjoyed a strong expansion. Over the period under review, the average export prices attained the maximum at $2,368 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Israel ($2,578 per ton), while the average price for exports to Colombia ($914 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Dust, Powders and Flakes in Mexico

In 2022, after two years of decline, there was significant growth in supplies from abroad of zinc; dust, powders and flakeses, when their volume increased by 43% to 4.2K tons. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes imports soared to $21M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Zinc; Dust, Powders and Flakes to Mexico in 2022:

1. Belgium (undefinedK tons)
2. United States (4.2K tons)

Exports of Zinc; Dust, Powders and Flakes in Mexico

For the fourth consecutive year, Mexico recorded growth in shipments abroad of zinc; dust, powders and flakeses, which increased by 2.3% to 1.1K tons in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 81%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, zinc; dust, powders and flakes exports stood at $2.1M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Zinc; Dust, Powders and Flakes from Mexico in 2022:

1. Colombia (316.2 tons)
2. United States (144.2 tons)
3. Israel (57.4 tons)

Source: IndexBox Market Intelligence Platform