Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Mexico - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Mexico (CIF) - 2023
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Mexico
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Mexico (CIF) - 2023
In October 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $14,143 per ton, approximately mirroring the previous month. In general, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in April 2023 an increase of 524% m-o-m. As a result, import price reached the peak level of $27,812 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to October 2023, the rate of growth in terms of prices for China amounted to +3.2% per month.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Mexico
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were finally on the rise to reach 396 tons after two years of decline. Over the period under review, imports, however, recorded a sharp contraction.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $2.3M in 2022. Overall, imports, however, recorded a abrupt descent.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,228 | 939 | 1,274 | 1,618 | 9.6% |
| China | 1,135 | 169 | 267 | 671 | -16.1% |
| Germany | 886 | 114 | N/A | N/A | -87.1% |
| Oman | N/A | 376 | N/A | N/A | 0% |
| Italy | 50.2 | 104 | N/A | N/A | 107.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,299 | 1,702 | 1,541 | 2,289 | -11.5% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Mexico in 2022:
- United States (265.0 tons)
- China (131.2 tons)
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