Mexico - Other Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCyclic Hydrocarbons Price in Mexico Shrinks Slightly to $5,051 per Ton
Mexico Cyclic Hydrocarbons Import Price in November 2022
In November 2022, the cyclic hydrocarbons price amounted to $5,051 per ton (CIF, Mexico), reducing by -3.2% against the previous month. Overall, import price indicated resilient growth from January 2022 to November 2022: its price increased at an average monthly rate of +5.2% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, cyclic hydrocarbons import price decreased by -32.1% against September 2022 indices. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 52% m-o-m. As a result, import price attained the peak level of $7,439 per ton. From October 2022 to November 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($8,680 per ton), while the price for the United States amounted to $4,922 per ton.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Mexico Cyclic Hydrocarbons Imports
Cyclic hydrocarbons imports into Mexico shrank rapidly to 35 tons in November 2022, reducing by -55.9% on October 2022. Over the period under review, imports faced a deep downturn. The pace of growth appeared the most rapid in October 2022 when imports increased by 704% month-to-month. Imports peaked at 200 tons in July 2022; however, from August 2022 to November 2022, imports stood at a somewhat lower figure.
In value terms, cyclic hydrocarbons imports shrank sharply to $175K (IndexBox estimates) in November 2022. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in October 2022 when imports increased by 464% m-o-m. Imports peaked at 913 tons in July 2022; however, from August 2022 to November 2022, imports remained at a lower figure.
Mexico Cyclic Hydrocarbons Imports by Country
In November 2022, the United States (33 tons) was the main cyclic hydrocarbons supplier to Mexico, accounting for a 97% share of total imports. Moreover, cyclic hydrocarbons imports from the United States exceeded the figures recorded by the second-largest supplier, China (1.2 tons), more than tenfold. From January 2022 to November 2022, the average monthly growth rate of volume from the United States totaled -6.5%.
In value terms, the United States ($164K) constituted the largest supplier of cyclic hydrocarbons to Mexico, comprising 94% of total imports. The second position in the ranking was held by China ($10K), with a 5.9% share of total imports. From January 2022 to November 2022, the average monthly rate of growth in terms of value from the United States stood at -4.7%.
Cyclic Hydrocarbon Market Overview
Current market conditions play a significant role in determining the price of cyclic hydrocarbons in Mexico. For example, if there is high demand for these products due to an increase in industrial activity, prices will tend to be higher than if demand is low. Additionally, geopolitical factors can influence prices, as can changes in global oil prices (which can impact the cost of raw materials used to produce cyclic hydrocarbons).
Cyclic hydrocarbons are used in a wide range of industries, from petrochemicals and plastics to transportation fuels. The Mexican government has been working to attract more investment in the country's petrochemical industry, which should help to increase production and stability in the cyclic hydrocarbon market in the long term.
This report provides an in-depth analysis of the cyclic hydrocarbons 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.
Product coverage:
- Prodcom 20141290 - Other cyclic hydrocarbons
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
