11% Increase in Chloride Prices Averages $519 per Ton for Mexico

11% Increase in Chloride Prices Averages $519 per Ton for Mexico

Mexico Chlorides Export Price in June 2023

The price of chlorides in Mexico reached $519 per ton (FOB, Mexico) in June 2023, experiencing an 11% surge compared to the previous month. Overall, the export price showed a modest expansion. During the review period, the average export prices reached a record high of $644 per ton in October 2022, but from November 2022 to June 2023, the export prices remained lower.

Given that there is only one major export destination, the average price level is determined by the prices for the United States.

From June 2022 to June 2023, the rate of price growth for the United States was +4.4% per month.

Mexico Chlorides Export Prices By Country (USD Per Ton)

Mexico Chlorides Exports

In June 2023, the exports of chlorides from Mexico skyrocketed to 11K tons, a significant increase of 29% compared to May 2023. Over the review period, the exports showed a noticeable increase, reaching a peak and are expected to continue growing in the near future.

In terms of value, chlorides exports reached $5.6M (IndexBox estimates) in June 2023. Overall, the exports indicate a resilient increase and are likely to continue growing in the near term.

Mexico Chlorides Exports by Country

The United States was the main destination for chlorides exports from Mexico, accounting for approximately 100% of total exports.

From June 2022 to June 2023, the average monthly growth rate of volume to the United States amounted to +4.5%.

In terms of value, the United States remains the key foreign market for chlorides exports from Mexico, with a total value of $5.6M. During the same period, the average monthly rate of growth in terms of value to the United States was +9.1%.

Source: IndexBox Market Intelligence Platform

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