Mexico - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingABS Copolymers Price in Mexico - 2023
Contents:
- ABS Copolymers Price in Mexico (CIF) - 2023
- ABS Copolymers Price in Mexico (FOB) - 2023
- ABS Copolymers Imports in Mexico
- ABS Copolymers Exports in Mexico
ABS Copolymers Price in Mexico (CIF) - 2023
The average ABS copolymers import price stood at $2,495 per ton in June 2023, remaining relatively unchanged against the previous month. In general, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 6.6% month-to-month. The import price peaked at $3,163 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Germany ($3,074 per ton) and China ($3,012 per ton), while the price for Belgium ($2,106 per ton) and South Korea ($2,257 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.4%), while the prices for the other major suppliers experienced a decline.
ABS Copolymers Price in Mexico (FOB) - 2023
The average ABS copolymers export price stood at $2,294 per ton in June 2023, growing by 7.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 17% m-o-m. As a result, the export price attained the peak level of $3,154 per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($2,326 per ton), while the average price for exports to Hong Kong SAR totaled $647 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.0%), while the prices for the other major destinations experienced a decline.
ABS Copolymers Imports in Mexico
ABS copolymers imports into Mexico shrank to 152K tons in 2022, almost unchanged from the previous year. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 6.6%. As a result, imports reached the peak of 152K tons, leveling off in the following year.
In value terms, ABS copolymers imports reached $464M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 57%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of ABS Copolymers in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 146 | 146 | 226 | 248 | 19.3% |
| United States | 109 | 88.1 | 126 | 144 | 9.7% |
| Taiwan (Chinese) | 7.7 | 6.7 | 21.1 | 32.1 | 60.9% |
| China | 2.6 | 1.9 | 9.6 | 9.9 | 56.2% |
| Germany | 6.5 | 4.4 | 6.0 | 7.7 | 5.8% |
| Belgium | 4.3 | 2.2 | 3.3 | 6.0 | 11.7% |
| Others | 15.9 | 14.0 | 21.2 | 16.8 | 1.9% |
| Total | 293 | 263 | 413 | 464 | 16.6% |
Top Suppliers of ABS Copolymers to Mexico in 2022:
- South Korea (85.5K tons)
- United States (43.8K tons)
- Taiwan (Chinese) (10.6K tons)
- China (2.6K tons)
- Belgium (2.3K tons)
- Germany (2.2K tons)
ABS Copolymers Exports in Mexico
In 2022, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms decreased by -14.9% to 34K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports reached the peak of 61K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ABS copolymers exports contracted to $87M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 24%. As a result, the exports reached the peak of $106M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of ABS Copolymers in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.1 | 60.7 | 77.2 | 83.5 | 9.8% |
| Brazil | 20.6 | 20.2 | 7.7 | 2.5 | -50.5% |
| China | 0.3 | 19.3 | 6.9 | 0.7 | 32.6% |
| Others | 1.8 | 5.9 | N/A | N/A | 227.8% |
| Total | 85.8 | 106 | 91.8 | 86.7 | 0.3% |
Top Export Markets for ABS Copolymers from Mexico in 2022:
- United States (32.5K tons)
- Brazil (1.2K tons)
- China (0.5K tons)
This report provides an in-depth analysis of the abs copolymers 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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
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