Price for Zinc; Waste and Scrap in Mexico - 2023
Contents:
- Price for Zinc; Waste and Scrap in Mexico (FOB) - 2023
- Price for Zinc; Waste and Scrap in Mexico (CIF) - 2022
- Exports of Zinc; Waste and Scrap in Mexico
- Imports of Zinc; Waste and Scrap in Mexico
Price for Zinc; Waste and Scrap in Mexico (FOB) - 2023
The average zinc; waste and scrap export price stood at $1,859 per ton in March 2023, remaining constant against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2022 an increase of 9.7% against the previous month. The export price peaked at $2,376 per ton in October 2022; however, from November 2022 to March 2023, the export prices stood 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 March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to -0.7% per month.
Price for Zinc; Waste and Scrap in Mexico (CIF) - 2022
The average zinc; waste and scrap import price stood at $2,367 per ton in May 2022, with an increase of 3% against the previous month. Over the period from April 2022 to May 2022, it increased at an average monthly rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From April 2022 to May 2022, the rate of growth in terms of prices for the United States amounted to +3.0% per month.
Exports of Zinc; Waste and Scrap in Mexico
Zinc; waste and scrap exports from Mexico was estimated at 3.3K tons in 2022, flattening at 2021. Over the period under review, exports, however, continue to indicate a drastic downturn.
In value terms, zinc; waste and scrap exports soared to $7M in 2022. In general, exports, however, continue to indicate a pronounced reduction.
| Export of Zinc; Waste and Scrap in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 3.3 | 4.2 | 5.7 | 31.4% | |
| Vietnam | 1.2 | 2.2 | N/A | 83.3% | |
| India | 2.6 | 2.1 | N/A | -19.2% | |
| Poland | 0.3 | 0.5 | N/A | 66.7% | |
| Others | 0.3 | -9.1 | N/A | -3133.3% | |
| Total | 7.6 | N/A | 5.7 | -13.4% | |
Top Export Markets for Zinc; Waste and Scrap from Mexico in 2022:
- United States (3.3K tons)
Imports of Zinc; Waste and Scrap in Mexico
In 2022, imports of zinc; waste and scraps into Mexico soared to 721 tons, picking up by 17% on the previous year's figure. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 348%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, zinc; waste and scrap imports soared to $1.2M in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 732%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Zinc; Waste and Scrap in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 63.8 | 77.7 | 151 | 53.8% | |
| Guatemala | 372 | 41.8 | 63.6 | -58.7% | |
| Canada | N/A | N/A | 63.1 | 0% | |
| Others | N/A | N/A | 716 | 0% | |
| Total | 435 | 120 | 994 | 51.2% | |
Top Suppliers of Zinc; Waste and Scrap to Mexico in 2022:
- United States (134.0 tons)
- Guatemala (55.4 tons)
- Canada (28.9 tons)
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