Price for Nickel; Tube and Pipe Fittings in Mexico - 2023
Contents:
- Price for Nickel; Tube and Pipe Fittings in Mexico (CIF) - 2023
- Price for Nickel; Tube and Pipe Fittings in Mexico (FOB) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Mexico
- Exports of Nickel; Tube and Pipe Fittings in Mexico
Price for Nickel; Tube and Pipe Fittings in Mexico (CIF) - 2023
In June 2023, the average import price for nickel; tube and pipe fittingses amounted to $114K per ton, standing approximately at the previous month. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in September 2022 an increase of 272% against the previous month. As a result, import price reached the peak level of $741K per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, 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 Canada amounted to 0.0% per month.
Price for Nickel; Tube and Pipe Fittings in Mexico (FOB) - 2022
In 2022, the average export price for nickel; tube and pipe fittingses amounted to $731,845 per ton, picking up by 69% against the previous year. In general, the export price showed significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 231% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
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 Arab Emirates amounted to +66.5% per year.
Imports of Nickel; Tube and Pipe Fittings in Mexico
In 2022, supplies from abroad of nickel; tube and pipe fittingses was finally on the rise to reach 96 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; tube and pipe fittings imports soared to $5.5M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tube and Pipe Fittings in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 2.8 | 0% |
| United States | 1.9 | 1.9 | 2.5 | 2.3 | 6.6% |
| China | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
| Others | 0.6 | 0.3 | N/A | 0.1 | -45.0% |
| Total | 2.7 | 2.4 | 2.5 | 5.5 | 26.8% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Mexico in 2022:
- United States (48.0 tons)
- Canada (35.0 tons)
- China (13.0 tons)
Exports of Nickel; Tube and Pipe Fittings in Mexico
For the third consecutive year, Mexico recorded decline in shipments abroad of nickel; tube and pipe fittingses, which decreased by -10.5% to 1.4 tons in 2022. Over the period under review, exports continue to indicate a sharp setback.
In value terms, nickel; tube and pipe fittings exports soared to $1M in 2022. In general, exports continue to indicate a sharp decline.
| Export of Nickel; Tube and Pipe Fittings in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.6 | 1.8 | 0.7 | 1.0 | -46.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.7 | 1.8 | 0.7 | 1.0 | -47.0% |
Top Export Markets for Nickel; Tube and Pipe Fittings from Mexico in 2022:
- United States (1.4 tons)
313
This report provides an in-depth analysis of the market for nickel pipes and fittings in Mexico.
537
Global Nickel Pipes And Fittings Market Report 2018. This report provides an in-depth analysis of the global market for nickel pipes and fittings.
Nothing found. Please try again.
