Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico - 2023
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico (FOB) - 2023
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico (CIF) - 2022
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico (FOB) - 2023
The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,339 per ton in July 2023, standing approximately at the previous month. Overall, the export price saw a perceptible reduction. As a result, the export price reached the peak level of $3,940 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to 0.0% per month.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico (CIF) - 2022
In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $5,818 per ton, rising by 71% against the previous year. In general, the import price recorded prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,357 per ton), while the price for Guatemala ($3,510 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico
After three years of growth, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -22% to 64K tons in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, the exports attained the peak of 82K tons, and then contracted notably in the following year.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs shrank to $226M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +37.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. As a result, the exports attained the peak of $241M, and then dropped in the following year.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 107 | 115 | 161 | 168 | 16.2% |
| Brazil | 5.0 | 4.0 | 20.9 | 11.1 | 30.5% |
| Costa Rica | 6.6 | 5.9 | 13.9 | 9.2 | 11.7% |
| Argentina | 3.9 | 6.1 | 8.5 | 8.2 | 28.1% |
| Austria | 11.2 | 3.0 | 0.9 | 7.3 | -13.3% |
| Belgium | 27.6 | 17.8 | 4.4 | 4.9 | -43.8% |
| Venezuela | 3.6 | 3.5 | 4.1 | 3.4 | -1.9% |
| Turkey | 0.2 | 0.5 | 1.4 | 2.7 | 138.1% |
| Others | 9.4 | 8.1 | 25.6 | 11.3 | 6.3% |
| Total | 175 | 164 | 241 | 226 | 8.9% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Mexico in 2022:
- United States (46.2K tons)
- Brazil (3.2K tons)
- Austria (2.6K tons)
- Costa Rica (2.3K tons)
- Argentina (2.1K tons)
- Venezuela (1.8K tons)
- Belgium (1.5K tons)
- Turkey (1.0K tons)
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico
In 2022, approx. 62 tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were imported into Mexico; falling by -66.4% compared with the year before. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 46%.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs declined remarkably to $359K in 2022. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 108%.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 459 | 164 | 43.8 | 189 | -25.6% |
| Guatemala | 130 | 101 | 183 | 133 | 0.8% |
| South Korea | 34.1 | 24.9 | 49.7 | 23.8 | -11.3% |
| Switzerland | 12.4 | 9.8 | 18.1 | 13.4 | 2.6% |
| Peru | N/A | N/A | 328 | N/A | 0% |
| China | 159 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 1.1 | 1.3 | 0.6 | -37.9% |
| Total | 797 | 300 | 625 | 359 | -23.3% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Mexico in 2022:
- Guatemala (37.8 tons)
- United States (18.2 tons)
- South Korea (2.9 tons)
- Switzerland (2.7 tons)
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc alloys market.
627
This report provides an in-depth analysis of the zinc market in Mexico.
488
This report provides an in-depth analysis of the zinc market in Mexico.
417
This report provides an in-depth analysis of the zinc alloys market in Mexico.
961
This report provides an in-depth analysis of the global zinc market.
314
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2131
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
890
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
763
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
314
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2131
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
890
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
763
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
