Mexico: Gold Ore Market 2020

Gold Ore Market Size in Mexico

The revenue of the gold ore market in Mexico amounted to $X in 2017, going up by X% against the previous year. Overall, gold ore consumption continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016, when market value increased by X% against the previous year. Mexico gold ore consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Gold Ore Production in Mexico

In 2017, the amount of gold ores and concentrates produced in Mexico amounted to X tons, remaining stable against the previous year. Overall, gold ore production continues to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2016, when the output figure increased by X% y-o-y. Mexico gold ore production peaked in 2017, and is expected to retain its growth in the immediate term.

Gold Ore Exports from Mexico

In 2017, exports of gold ores and concentrates from Mexico amounted to X tons, rising by X% against the previous year. Overall, gold ore exports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2014, with an increase of X% y-o-y. Mexico exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, gold ore exports amounted to $X in 2017. Overall, gold ore exports continue to indicate an outstanding increase. Mexico exports peaked in 2017, and are expected to retain its growth in the immediate term.

Gold Ore Exports by Country from Mexico

Australia was the main exporter of gold ores and concentrates in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2017. Russia (X tons) took the second position in the ranking, distantly followed by Turkey (X tons) and Tanzania (X tons). All these countries together took near X% share of total exports. Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from Mexico, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Mexico

In 2017, the gold ore export price in Mexico amounted to $X per ton, going up by X% against the previous year. In general, gold ore export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016, an increase of X% against the previous year. Over the period under review, the export prices for gold ores and concentrates reached its peak figure level in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into Mexico

In 2017, the amount of gold ores and concentrates imported into Mexico stood at X tons, rising by X% against the previous year. Overall, gold ore imports continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. Mexico imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, gold ore imports stood at $X in 2017. In general, gold ore imports continue to indicate an abrupt deduction. Mexico imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Gold Ore Imports by Country into Mexico

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) were the largest importers of gold ores and concentrates, together creating X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) took the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into Mexico, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, gold ore imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Mexico

The gold ore import price in Mexico stood at $X per ton in 2017, dropping by -X% against the previous year. Overall, gold ore import price continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2010, an increase of X% y-o-y. In that year, the import prices for gold ores and concentrates reached their peak level of $X per ton. From 2011 to 2017, growth of the import prices for gold ores and concentrates failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Philippines ($X per kg), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform