Price for Containers for Compressed or Liquefied Gas, of Aluminium in Mexico - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Mexico (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Mexico (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Mexico
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Mexico

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Mexico (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $24 per unit in 2022, increasing by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 an increase of 10%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($24 per unit), while the price for the United States amounted to $24 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%).

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Mexico (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of aluminium stood at $20 per unit in 2022, which is down by -7.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 13% against the previous year. As a result, the export price reached the peak level of $25 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.8% per year.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Mexico

In 2022, overseas purchases of containers for compressed or liquefied gas, of aluminium decreased by -37.9% to 383K units, falling for the second year in a row after two years of growth. Overall, imports recorded a pronounced decline. The growth pace was the most rapid in 2020 when imports increased by 48% against the previous year. As a result, imports reached the peak of 628K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of containers for compressed or liquefied gas, of aluminium reduced remarkably to $9.2M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 54%. Over the period under review, imports of attained the maximum at $14M in 2021, and then declined markedly in the following year.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.513.212.98.81.2%
China0.20.81.40.426.0%
Others0.3N/AN/AN/A0%
Total9.114.014.29.20.4%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Mexico in 2022:

  1. United States (366.0K units)
  2. China (17.1K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Mexico

In 2022, after three years of growth, there was significant decline in shipments abroad of containers for compressed or liquefied gas, of aluminium, when their volume decreased by -43.9% to 19K units. Over the period under review, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 97%. As a result, the exports reached the peak of 34K units, and then contracted notably in the following year.

In value terms, exports of containers for compressed or liquefied gas, of aluminium contracted markedly to $386K in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. As a result, the exports attained the peak of $740K, and then shrank remarkably in the following year.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2953897403869.4%
Costa Rica36.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3323897403865.2%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Mexico in 2022:

  1. United States (19.3K units)

Source: IndexBox Market Intelligence Platform

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