Mexico: Copper Powder Market 2025

Copper Powder Market Size in Mexico

For the third consecutive year, the Mexican copper powder market recorded decline in sales value, which decreased by -34.3% to $X in 2021. Over the period under review, consumption continues to indicate a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Copper Powder Exports

Exports from Mexico

Copper powder exports from Mexico skyrocketed to X tons in 2021, picking up by 151% on 2020 figures. Overall, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2017 when exports increased by 257%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, copper powder exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt contraction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for copper powder exports from Mexico, with a 31% share of total exports. Moreover, copper powder exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-11.5% per year) and France (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for copper powders and flakes exports from Mexico, comprising 32% of total exports. The second position in the ranking was taken by South Korea ($X), with a 13% share of total exports. It was followed by France, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-20.6% per year) and France (0.0% per year).

Export Prices by Country

In 2021, the average copper powder export price amounted to $X per ton, surging by 5.5% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, copper powder export price increased by +48.6% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+65.6%), while the prices for the other major destinations experienced a decline.

Copper Powder Imports

Imports into Mexico

In 2021, supplies from abroad of copper powders and flakes decreased by -33.1% to X tons, falling for the sixth consecutive year after four years of growth. Over the period under review, imports showed a deep reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, copper powder imports dropped to $X in 2021. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 12% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest copper powder supplier to Mexico, accounting for a 75% share of total imports. Moreover, copper powder imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.5% per year) and Spain (-22.9% per year).

In value terms, the United States ($X) constituted the largest supplier of copper powders and flakes to Mexico, comprising 76% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Spain, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.6% per year) and Spain (-23.8% per year).

Import Prices by Country

The average copper powder import price stood at $X per ton in 2021, rising by 37% against the previous year. Over the period under review, the import price showed a notable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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