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Mexico - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in Mexico - 2023
Contents:
- Threaded Metal Articles Price in Mexico (CIF) - 2023
- Threaded Metal Articles Price in Mexico (FOB) - 2023
- Threaded Metal Articles Imports in Mexico
- Threaded Metal Articles Exports in Mexico
Threaded Metal Articles Price in Mexico (CIF) - 2023
In June 2023, the average threaded metal articles import price amounted to $5,833 per ton, rising by 3.5% against the previous month. Over the period under review, the import price, however, recorded a slight decrease. The growth pace was the most rapid in March 2023 when the average import price increased by 198% m-o-m. As a result, import price reached the peak level of $25,484 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,792 per ton), while the price for China ($2,255 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Threaded Metal Articles Price in Mexico (FOB) - 2023
In June 2023, the average threaded metal articles export price amounted to $9,735 per ton, picking up by 158% against the previous month. In general, the export price continues to indicate mild growth. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 204% month-to-month. As a result, the export price reached the peak level of $15,071 per ton. From November 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Colombia ($35,376 per ton), while the average price for exports to the Dominican Republic ($3,643 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Imports in Mexico
In 2022, imports of threaded articles of iron or steel into Mexico reached 18K tons, rising by 3.5% against 2021 figures. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, threaded metal articles imports expanded notably to $103M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +51.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Threaded Metal Articles in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 31.6 | 29.5 | 34.1 | 41.7 | 9.7% |
China | 17.4 | 15.6 | 27.1 | 28.3 | 17.6% |
Taiwan (Chinese) | 6.3 | 6.1 | 8.7 | 9.8 | 15.9% |
Germany | 5.3 | 5.1 | 8.2 | 7.5 | 12.3% |
Japan | 3.3 | 2.8 | 4.0 | 3.8 | 4.8% |
Canada | 1.3 | 0.9 | 1.8 | 2.4 | 22.7% |
Italy | 0.8 | 0.8 | 1.3 | 1.3 | 17.6% |
Others | 9.7 | 7.5 | 7.8 | 8.6 | -3.9% |
Total | 75.8 | 68.3 | 93.0 | 103 | 10.8% |
Top Suppliers of Threaded Metal Articles to Mexico in 2022:
- China (8.7K tons)
- Taiwan (Chinese) (3.1K tons)
- United States (2.9K tons)
- Germany (1.3K tons)
- Canada (0.5K tons)
- Japan (0.5K tons)
- Italy (0.4K tons)
Threaded Metal Articles Exports in Mexico
In 2022, overseas shipments of threaded articles of iron or steel decreased by -0.5% to 740 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 845 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, threaded metal articles exports dropped slightly to $9.1M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year.
Export of Threaded Metal Articles in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.6 | 6.9 | 7.6 | 7.8 | 11.7% |
China | 0.3 | 0.4 | 0.8 | 0.4 | 10.1% |
Canada | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Hong Kong SAR | 0.2 | 0.2 | N/A | 0.2 | 0.0% |
El Salvador | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
United Kingdom | 0.7 | 0.7 | N/A | N/A | 0.0% |
Others | 0.7 | 0.5 | 0.4 | 0.3 | -24.6% |
Total | 7.9 | 9.0 | 9.2 | 9.1 | 4.8% |
Top Export Markets for Threaded Metal Articles from Mexico in 2022:
- United States (591.0 tons)
- El Salvador (50.2 tons)
- Canada (27.3 tons)
- Hong Kong SAR (21.8 tons)
- China (14.1 tons)
This report provides an in-depth analysis of the threaded metal articles market 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 25941190 - Threaded articles, n.e.c., of iron or steel
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
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Imports of Metal Spring Washers reached a peak in 2023 and are projected to continue growing in the near future, with a value of $79M in 2023.
In June 2023, the price of Metal Spring Washers dropped by -20.6% to $5,781 per ton (CIF, Mexico), compared to the previous month.
In November 2022, the growth rate of Metal Screw Hook imports was particularly significant, increasing by 117% compared to the previous month. The value of these imports surged to $475K in October 2023.
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