Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Mexico - 2024

Contents:

1. Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Mexico (CIF) - 2022
2. Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Mexico

Price for Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Mexico (CIF) - 2022

The average import price for base metals clad with silver; not further worked than semi-manufactured stood at $91,525 per ton in 2022, shrinking by -21.8% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $285,920 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($251,613 per ton), while the price for Italy ($39,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.4%), while the prices for the other major suppliers experienced a decline.

Imports of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured in Mexico

In 2022, overseas purchases of base metals clad with silver; not further worked than semi-manufactured decreased by -4.4% to 20 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, imports reached the peak of 21 tons, and then reduced in the following year.

In value terms, imports of base metals clad with silver; not further worked than semi-manufactured dropped markedly to $1.9M in 2022. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of $2.5M, and then fell sharply in the following year.

Top Suppliers of Base Metals Clad with Silver; Not Further Worked than Semi-Manufactured to Mexico in 2022:

1. United States (16.8 tons)
2. Italy (2.5 tons)
3. Germany (0.6 tons)

Source: IndexBox Market Intelligence Platform