
Mexico - Colour Lakes, Preparations Based On Colour Lakes - Market Analysis, Forecast, Size, Trends And Insights
Mexico's Colour Lake Price Increases to $22.0 per kg, Fluctuating Wildly over 2022
Mexico Colour Lake Import Price in July 2022
In July 2022, the colour lake price stood at $22.0 per kg (CIF, Mexico), increasing by 14% against the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 43% m-o-m. Over the period under review, average import prices reached the maximum in July 2022.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Peru ($105 per kg), while the price for the United States amounted to $19.4 per kg.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Peru (+5.2%), while the prices for the other major suppliers experienced a decline.
Mexico Colour Lake Imports
In July 2022, overseas purchases of colour lakes, preparations based on colour lakes decreased by -31.4% to 43 tons, falling for the second month in a row after two months of growth. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2022 when imports increased by 145% m-o-m. As a result, imports reached the peak of 108 tons. From March 2022 to July 2022, the growth of imports remained at a somewhat lower figure.
In value terms, colour lake imports contracted significantly to $946K (IndexBox estimates) in July 2022. Overall, total imports indicated a modest increase from January 2022 to July 2022: its value increased at an average monthly rate of +1.3% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, imports decreased by -41.4% against May 2022 indices. The pace of growth appeared the most rapid in February 2022 with an increase of 86% against the previous month. As a result, imports reached the peak of $1.6M. From March 2022 to July 2022, the growth of imports remained at a lower figure.
Mexico Colour Lake Imports by Country
In July 2022, the United States (41 tons) was the main supplier of colour lake to Mexico, accounting for a 96% share of total imports. It was followed by Peru (1.3 tons), with a 3.1% share of total imports.
From January 2022 to July 2022, the average monthly growth rate of volume from the United States totaled +2.8%.
In value terms, the United States ($800K) constituted the largest supplier of colour lake to Mexico, comprising 84% of total imports. The second position in the ranking was taken by Peru ($139K), with a 15% share of total imports.
From January 2022 to July 2022, the average monthly growth rate of value from the United States was relatively modest.
This report provides an in-depth analysis of the colour lake market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
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The Largest Producers on The Market and Their Profiles
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