Metals; Palladium, Semi-Manufactured Price in Mexico - 2023

Contents:

1. Metals; Palladium, Semi-Manufactured Price in Mexico (CIF) - 2022
2. Metals; Palladium, Semi-Manufactured Price in Mexico (FOB) - 2022
3. Metals; Palladium, Semi-Manufactured Imports in Mexico
4. Metals; Palladium, Semi-Manufactured Exports in Mexico

Metals; Palladium, Semi-Manufactured Price in Mexico (CIF) - 2022

In 2022, the average metals; palladium, semi-manufactured import price amounted to $52,584,840 per ton, rising by 13% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 an increase of 66% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($466,371,360 per ton), while the price for Italy ($8,751,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Palladium, Semi-Manufactured Price in Mexico (FOB) - 2022

The average metals; palladium, semi-manufactured export price stood at $27,973,180 per ton in 2022, waning by -31.1% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 188% against the previous year. Over the period under review, the average export prices attained the maximum at $131,874,914 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($33,559,116 per ton), while the average price for exports to the UK ($8,411,057 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-4.9%), while the prices for the other major destinations experienced a decline.

Metals; Palladium, Semi-Manufactured Imports in Mexico

For the third year in a row, Mexico recorded decline in supplies from abroad of metals; palladium, semi-manufactureds, which decreased by 0% to 44 kg in 2022. Over the period under review, imports saw a sharp downturn. The smallest decline of -35.3% was in 2021.

In value terms, metals; palladium, semi-manufactured imports expanded notably to $2.3M in 2022. In general, imports showed a abrupt slump.

Top Suppliers of Metals; Palladium, Semi-Manufactured to Mexico in 2022:

1. United States (40.0 kg)
2. Japan (1.0 kg)
3. Italy (1.0 kg)
4. Switzerland (1.0 kg)

Metals; Palladium, Semi-Manufactured Exports in Mexico

In 2022, the amount of metals; palladium, semi-manufactureds exported from Mexico soared to 114 kg, surging by 138% against the previous year's figure. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,300% against the previous year. As a result, the exports attained the peak of 126 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metals; palladium, semi-manufactured exports soared to $3.2M in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 4,175%. As a result, the exports reached the peak of $4.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Metals; Palladium, Semi-Manufactured from Mexico in 2022:

1. United States (88.0 kg)
2. United Kingdom (24.0 kg)
3. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform