Price for Steel, Alloy; Angles, Shapes and Sections in Mexico - 2024
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Mexico (CIF) - 2024
- Price for Steel, Alloy; Angles, Shapes and Sections in Mexico (FOB) - 2022
- Imports of Steel, Alloy; Angles, Shapes and Sections in Mexico
- Exports of Steel, Alloy; Angles, Shapes and Sections in Mexico
Price for Steel, Alloy; Angles, Shapes and Sections in Mexico (CIF) - 2024
The average import price for steel, alloy; angles, shapes and sectionses stood at $1,280 per ton in February 2024, jumping by 43% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1,293 per ton in February 2023; afterwards, it flattened through to February 2024.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2023 to February 2024, the rate of growth in terms of prices for the United States amounted to -0.4% per month.
Price for Steel, Alloy; Angles, Shapes and Sections in Mexico (FOB) - 2022
In 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $2,083 per ton, increasing by 102% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level 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 States amounted to +3.4% per year.
Imports of Steel, Alloy; Angles, Shapes and Sections in Mexico
In 2022, after three years of growth, there was significant decline in purchases abroad of steel, alloy; angles, shapes and sectionses, when their volume decreased by -34.5% to 43K tons. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 212%. As a result, imports reached the peak of 66K tons, and then fell dramatically in the following year.
In value terms, imports of steel, alloy; angles, shapes and sectionses shrank markedly to $54M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 203%. As a result, imports reached the peak of $69M, and then reduced notably in the following year.
| Import of Steel, Alloy; Angles, Shapes and Sections in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 1.3 | 1.5 | 7.9 | 30.9 | 187.5% |
| Spain | 14.5 | 15.7 | 53.3 | 15.0 | 1.1% |
| United States | 5.4 | 5.1 | 7.7 | 7.5 | 11.6% |
| Germany | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Others | 1.3 | 0.3 | N/A | N/A | -76.9% |
| Total | 22.6 | 22.8 | 69.0 | 54.2 | 33.9% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Mexico in 2022:
- Luxembourg (24.3K tons)
- Spain (13.3K tons)
- United States (5.0K tons)
- Germany (0.7K tons)
Exports of Steel, Alloy; Angles, Shapes and Sections in Mexico
Exports of steel, alloy; angles, shapes and sectionses from Mexico plummeted to 47 tons in 2022, falling by -44.9% against the year before. In general, exports faced a precipitous contraction. The smallest decline of -7.6% was in 2020.
In value terms, exports of steel, alloy; angles, shapes and sectionses declined modestly to $86K in 2022. Overall, exports saw a sharp downturn.
| Export of Steel, Alloy; Angles, Shapes and Sections in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 786 | 682 | 87.4 | 85.9 | -52.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 786 | 682 | 87.4 | 85.9 | -52.2% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Mexico in 2022:
- United States (46.8 tons)
535
This report provides an in-depth analysis of the stainless steel angle market in Mexico.
351
This report provides an in-depth analysis of the hollow drill bar market in Mexico.
321
This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Mexico.
228
This report provides an in-depth analysis of the market for hot-rolled tool steel bar in Mexico.
297
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in Mexico.
413
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar in Mexico.
475
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Mexico.
1399
This report provides an in-depth analysis of the global stainless steel angle market.
581
This report provides an in-depth analysis of the global hollow drill bar market.
717
This report provides an in-depth analysis of the global market for hot-rolled bearing steel bar.
585
In December 2022, the stainless steel angle price was $1,322 per ton (CIF, Mexico), a -44.5% decrease from the previous month.
1438
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
970
Global stainless steel angle imports totaled X tons in 2016, waning by -X% against the previous year level. In general, stainless steel angle imports continue to indicate a moderate decline. Th...
1127
Despite a slight drop in exports, India continued its dominance in the global trade of stainless steel angles, shapes and sections. In 2014, India exported X thousand tons of stainless steel angles, shapes and sections totaling X million USD, X%
148
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
159
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
1476
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
4357
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
1175
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o
148
Explore the top import markets for Hot-Rolled Bearing Steel Bar and discover the leading countries driving the global demand for this essential steel product.
