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Mexico - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bar, Rod and Profile in Mexico - 2023
Contents:
- Price for Copper Bar, Rod and Profile in Mexico (CIF) - 2022
- Price for Copper Bar, Rod and Profile in Mexico (FOB) - 2023
- Imports of Copper Bar, Rod and Profile in Mexico
- Exports of Copper Bar, Rod and Profile in Mexico
Price for Copper Bar, Rod and Profile in Mexico (CIF) - 2022
The average import price for copper bars, rods and profiles stood at $13,016 per ton in 2022, with a decrease of -32.8% against the previous year. In general, the import price, however, posted pronounced growth. The pace of growth appeared the most rapid in 2020 an increase of 65%. Over the period under review, average import prices hit record highs at $19,377 per ton in 2021, and then contracted dramatically in the following year.
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 Peru ($16,977 per ton), while the price for Chile ($9,197 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper Bar, Rod and Profile in Mexico (FOB) - 2023
The average export price for copper bars, rods and profiles stood at $9,728 per ton in June 2023, dropping by -4.2% against the previous month. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level of $10,692 per ton. From July 2022 to June 2023, the the average export prices remained at a lower figure.
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 -0.8% per month.
Imports of Copper Bar, Rod and Profile in Mexico
In 2022, the amount of copper bars, rods and profiles imported into Mexico skyrocketed to 14K tons, with an increase of 42% compared with 2021. Overall, imports, however, recorded a abrupt shrinkage.
In value terms, copper bar, rod and profile imports dropped modestly to $178M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of $186M, and then reduced modestly in the following year.
Import of Copper Bar, Rod and Profile in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 81.4 | 77.2 | 113 | 110 | 10.6% |
China | 33.0 | 23.9 | 43.9 | 34.6 | 1.6% |
Peru | 2.3 | 2.2 | 5.6 | 7.3 | 47.0% |
Spain | 3.2 | 2.7 | 4.5 | 6.0 | 23.3% |
South Korea | 1.9 | 2.2 | 2.8 | 4.6 | 34.3% |
Chile | 4.5 | N/A | 5.3 | 3.0 | -12.6% |
Italy | 1.7 | 0.9 | 1.4 | 2.5 | 13.7% |
Others | 15.6 | 10.3 | 10.0 | 9.5 | -15.2% |
Total | 144 | 119 | 186 | 178 | 7.3% |
Top Suppliers of Copper Bar, Rod and Profile to Mexico in 2022:
- United States (8.8K tons)
- China (2.6K tons)
- Peru (0.4K tons)
- Spain (0.4K tons)
- Chile (0.3K tons)
- South Korea (0.3K tons)
- Italy (0.2K tons)
Exports of Copper Bar, Rod and Profile in Mexico
In 2022, approx. 7.6K tons of copper bars, rods and profiles were exported from Mexico; growing by 2.9% against the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, copper bar, rod and profile exports expanded significantly to $80M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Copper Bar, Rod and Profile in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 48.6 | 46.9 | 76.0 | 80.2 | 18.2% |
Others | 0.4 | 0.2 | N/A | N/A | -50.0% |
Total | 49.0 | 47.2 | 76.0 | 80.3 | 17.9% |
Top Export Markets for Copper Bar, Rod and Profile from Mexico in 2022:
- United States (7.6K tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
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 market for copper bar, rod and profile in Mexico.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Mexico.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
This report provides an in-depth analysis of the market for copper and copper articles in Mexico.
This report provides an in-depth analysis of the market for copper bar, rod and profile in Mexico.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Mexico.
Global Copper And Copper Articles Market Report 2018. This report provides an in-depth analysis of the global market for copper and copper articles.
This report provides an in-depth analysis of the global market for copper bar, rod and profile.
This report provides an in-depth analysis of the global market for copper bars, wire and plates.
Explore the top import markets for copper bar, rod, and profile based on data from the IndexBox market intelligence platform.
Explore the top import markets for copper bars, wire, and plates, including the United States, China, Italy, Germany, and more. Discover key statistics and import values from 2022. Find growth opportunities in the global copper industry.
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