Price for Platinum; Unwrought or in Semi-Manufactured Forms in Mexico - 2023

Contents:

1. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Mexico (FOB) - 2022
2. Price for Platinum; Unwrought or in Semi-Manufactured Forms in Mexico (CIF) - 2022
3. Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Mexico
4. Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Mexico

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Mexico (FOB) - 2022

The average export price for platinum; unwrought or in semi-manufactured formses stood at $226,674 per ton in 2022, falling by -33.1% against the previous year. In general, the export price saw a sharp descent. The most prominent rate of growth was recorded in 2017 a decrease of -18.2% against the previous year. The export price peaked at $9,850,846 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 -31.4% per year.

Price for Platinum; Unwrought or in Semi-Manufactured Forms in Mexico (CIF) - 2022

The average import price for platinum; unwrought or in semi-manufactured formses stood at $826,673 per ton in 2022, which is down by -18.1% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price decreased by -4.5%. The import price peaked at $3,678,068 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, 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 -12.0% per year.

Exports of Platinum; Unwrought or in Semi-Manufactured Forms in Mexico

In 2022, approx. 142 tons of platinum; unwrought or in semi-manufactured formses were exported from Mexico; rising by 1,354% compared with the year before. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of platinum; unwrought or in semi-manufactured formses soared to $32M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Platinum; Unwrought or in Semi-Manufactured Forms from Mexico in 2022:

1. United States (142.3 tons)

Imports of Platinum; Unwrought or in Semi-Manufactured Forms in Mexico

Imports of platinum; unwrought or in semi-manufactured formses into Mexico reached 32 tons in 2022, rising by 11% on the year before. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 107%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of platinum; unwrought or in semi-manufactured formses shrank to $26M in 2022. Overall, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of $29M, and then declined in the following year.

Top Suppliers of Platinum; Unwrought or in Semi-Manufactured Forms to Mexico in 2022:

1. United States (31.7 tons)

Source: IndexBox Market Intelligence Platform