Carbonates; Potassium Carbonate Price in Mexico - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Mexico (CIF) - 2023
- Carbonates; Potassium Carbonate Price in Mexico (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Mexico
- Carbonates; Potassium Carbonate Exports in Mexico
Carbonates; Potassium Carbonate Price in Mexico (CIF) - 2023
The average carbonates; potassium carbonate import price stood at $2,024 per ton in June 2023, reducing by -11.2% against the previous month. Over the period under review, the import price, however, saw modest growth. The growth pace was the most rapid in January 2023 an increase of 949% m-o-m. As a result, import price attained the peak level of $20,163 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Germany ($2,298 per ton) and the United States ($2,215 per ton), while the price for South Korea ($1,566 per ton) and China ($1,615 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Mexico (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $1,751 per ton in 2022, shrinking by -12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 39%. As a result, the export price reached the peak level of $1,990 per ton, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($8,108 per ton), while the average price for exports to the United States ($1,223 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+11.1%), while the prices for the other major destinations experienced a decline.
Carbonates; Potassium Carbonate Imports in Mexico
In 2022, supplies from abroad of carbonates; potassium carbonates increased by 71% to 2.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep downturn.
In value terms, carbonates; potassium carbonate imports surged to $5.2M in 2022. Over the period under review, imports, however, continue to indicate a perceptible decrease.
| Import of Carbonates; Potassium Carbonate in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,735 | 1,318 | 338 | 3,365 | 24.7% |
| Germany | 550 | 496 | 106 | 954 | 20.2% |
| China | 510 | 297 | 80.2 | 871 | 19.5% |
| Spain | 33.8 | 94.5 | 34.9 | 50.0 | 13.9% |
| Russia | 473 | 772 | 70.3 | N/A | -61.4% |
| France | 2,206 | 1,629 | 386 | N/A | -58.2% |
| Taiwan (Chinese) | 91.5 | 66.2 | 34.9 | N/A | -38.2% |
| Italy | 176 | 238 | 71.5 | N/A | -36.3% |
| Others | 143 | 492 | 1,001 | N/A | 164.6% |
| Total | 5,918 | 5,403 | 2,123 | 5,240 | -4.0% |
Top Suppliers of Carbonates; Potassium Carbonate to Mexico in 2022:
- United States (1862.2 tons)
- Germany (553.1 tons)
- China (450.7 tons)
- Spain (47.8 tons)
Carbonates; Potassium Carbonate Exports in Mexico
Carbonates; potassium carbonate exports from Mexico skyrocketed to 96 tons in 2022, surging by 261% on the previous year's figure. Over the period under review, exports, however, faced a abrupt curtailment.
In value terms, carbonates; potassium carbonate exports skyrocketed to $169K in 2022. Overall, exports, however, saw a deep setback.
| Export of Carbonates; Potassium Carbonate in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 152 | 202 | 16.5 | 91.1 | -15.7% |
| Chile | 27.6 | 37.7 | 17.0 | 38.1 | 11.3% |
| Honduras | 16.4 | 21.9 | 12.4 | 23.3 | 12.4% |
| Guatemala | 0.5 | 0.4 | 1.0 | 4.2 | 103.3% |
| Colombia | 4.9 | 5.3 | 1.9 | 3.8 | -8.1% |
| Others | 9.9 | 17.1 | 4.3 | 8.1 | -6.5% |
| Total | 211 | 284 | 53.1 | 169 | -7.1% |
Top Export Markets for Carbonates; Potassium Carbonate from Mexico in 2022:
- United States (74.5 tons)
- Chile (12.7 tons)
- Honduras (2.9 tons)
- Colombia (2.9 tons)
- Guatemala (2.0 tons)
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