Roasted Iron Pyrites Market in Mexico
Market Overview
The Mexican roasted iron pyrites market declined modestly to $
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.
In value terms, roasted iron pyrites production declined to $ in estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of %. Roasted iron pyrites production peaked at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.In value terms, roasted iron pyrites production declined to $
in estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of %. Roasted iron pyrites production peaked at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.Consumption
In , roasted iron pyrites consumption in Mexico expanded modestly to tons, increasing by % compared with . Overall, consumption recorded a slight increase. Over the period under review, consumption hit record highs at tons in ; afterwards, it flattened through to .
The value of the roasted iron pyrites market in Mexico rose slightly to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a slight increase. Over the period under review, the market attained the peak level at $ in 2011; however, from 2012 to , consumption failed to regain momentum.
, roasted iron pyrites consumption in Mexico expanded modestly to tons, increasing by % compared with . Overall, consumption recorded a slight increase. Over the period under review, consumption hit record highs at tons in ; afterwards, it flattened through to .The value of the roasted iron pyrites market in Mexico rose slightly to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a slight increase. Over the period under review, the market attained the peak level at $ in 2011; however, from 2012 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for roasted iron pyrites in Mexico, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of roasted iron pyrites in Mexico were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roasted iron pyrites. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (less than percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (less than percentage point) over the period under review.Trade Balance
Mexico remains a net importer of roasted iron pyrites; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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