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Mexico - Base Metal Wire And Rods Of Agglomerated Base Powder - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgglomerated Powder Rod Price in Mexico - 2023
Contents:
- Agglomerated Powder Rod Price in Mexico (CIF) - 2023
- Agglomerated Powder Rod Price in Mexico (FOB) - 2023
- Agglomerated Powder Rod Imports in Mexico
- Agglomerated Powder Rod Exports in Mexico
Agglomerated Powder Rod Price in Mexico (CIF) - 2023
In June 2023, the average agglomerated powder rod import price amounted to $2,194 per ton, jumping by 41% against the previous month. Over the period under review, the import price, however, faced a abrupt shrinkage. The growth pace was the most rapid in April 2023 an increase of 641% month-to-month. Over the period under review, average import prices hit record highs at $18,057 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($10,206 per ton), while the price for Vietnam ($1,368 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 China (+3.4%), while the prices for the other major suppliers experienced a decline.
Agglomerated Powder Rod Price in Mexico (FOB) - 2023
In June 2023, the average agglomerated powder rod export price amounted to $19,126 per ton, increasing by 57% against the previous month. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in May 2023 an increase of 378% month-to-month. The export price peaked in June 2023.
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 +9.6% per month.
Agglomerated Powder Rod Imports in Mexico
In 2022, the amount of base metal wire and rods of agglomerated base powder imported into Mexico surged to 5.2K tons, jumping by 26% compared with 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, agglomerated powder rod imports declined sharply to $38M in 2022. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports attained the peak of $50M, and then contracted rapidly in the following year.
Import of Agglomerated Powder Rod in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.7 | 17.4 | 24.6 | 20.3 | 2.8% |
Vietnam | 0.3 | 0.3 | 3.5 | 2.9 | 113.0% |
China | 3.0 | 1.8 | 3.5 | 2.8 | -2.3% |
South Korea | 0.9 | 0.8 | 2.5 | 2.0 | 30.5% |
Malaysia | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
India | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
Others | 4.9 | 4.3 | 14.6 | 8.5 | 20.2% |
Total | 28.8 | 25.5 | 49.9 | 37.7 | 9.4% |
Top Suppliers of Agglomerated Powder Rod to Mexico in 2022:
- United States (3603.7 tons)
- South Korea (685.8 tons)
- China (290.5 tons)
- India (240.6 tons)
- Vietnam (152.8 tons)
- Malaysia (50.3 tons)
Agglomerated Powder Rod Exports in Mexico
Agglomerated powder rod exports from Mexico contracted rapidly to 340 tons in 2022, waning by -15.6% on 2021 figures. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 7% against the previous year.
In value terms, agglomerated powder rod exports fell to $8.5M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $9.3M, and then fell in the following year.
Export of Agglomerated Powder Rod in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.5 | 6.5 | 8.1 | 7.3 | 3.9% |
Canada | N/A | 0.4 | 0.1 | 0.2 | -29.3% |
Dominican Republic | N/A | N/A | 0.1 | 0.1 | 0.0% |
Hong Kong SAR | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.8 | 0.7 | 0.9 | 0.9 | 4.0% |
Total | 7.4 | 7.7 | 9.3 | 8.5 | 4.7% |
Top Export Markets for Agglomerated Powder Rod from Mexico in 2022:
- United States (258.6 tons)
- Dominican Republic (23.5 tons)
- Canada (12.5 tons)
- Hong Kong SAR (7.4 tons)
This report provides an in-depth analysis of the agglomerated powder rod 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 25931570 - Base metal wire and rods of agglomerated base powder, u sed for metal spraying (including parts)
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 agglomerated powder rod market in Mexico.
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This report provides an in-depth analysis of the agglomerated powder rod market in Mexico.
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This report provides an in-depth analysis of the cored arc-welding wire market in Mexico.
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Cored Arc-Welding Wire imports reached their peak in 2023 and are projected to continue growing steadily. The value of these imports surged to $116M in 2023.
Cored Arc-Welding Wire imports peaked in 2023 and are expected to keep growing in the coming years, reaching a value of $116M.
In June 2023, the price of Cored Arc-Welding Wire was $3,631 per ton (CIF, Mexico), showing a decrease of 15.7% compared to the previous month.
Cored Arc-Welding Wire imports reached their peak in 2023 and are projected to continue growing steadily. The value of these imports surged to $116M in 2023.
Cored Arc-Welding Wire imports peaked in 2023 and are expected to keep growing in the coming years, reaching a value of $116M.
In June 2023, the price of Cored Arc-Welding Wire was $3,631 per ton (CIF, Mexico), showing a decrease of 15.7% compared to the previous month.