Mexico - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in Mexico - 2023
Contents:
- Carboxylic Acid Price in Mexico (CIF) - 2023
- Carboxylic Acid Price in Mexico (FOB) - 2023
- Carboxylic Acid Imports in Mexico
- Carboxylic Acid Exports in Mexico
Carboxylic Acid Price in Mexico (CIF) - 2023
The average carboxylic acid import price stood at $3,780 per ton in June 2023, flattening at the previous month. In general, the import price saw a noticeable decline. The growth pace was the most rapid in February 2023 when the average import price increased by 32% m-o-m. As a result, import price attained the peak level of $6,520 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($9,078 per ton), while the price for China ($2,174 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Price in Mexico (FOB) - 2023
The average carboxylic acid export price stood at $5,226 per ton in June 2023, waning by -86.7% against the previous month. Overall, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in August 2022 when the average export price increased by 144% month-to-month. Over the period under review, the average export prices reached the maximum at $39,374 per ton in May 2023, and then contracted sharply in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for Guatemala amounted to +34.4% per month.
Carboxylic Acid Imports in Mexico
In 2022, after three years of growth, there was decline in supplies from abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, when their volume decreased by -4.1% to 29K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 30K tons, and then shrank in the following year.
In value terms, carboxylic acid imports fell markedly to $111M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $164M, and then fell notably in the following year.
| Import of Carboxylic Acid in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.3 | 46.0 | 69.5 | 45.4 | 8.7% |
| China | 38.4 | 42.4 | 41.4 | 27.1 | -11.0% |
| United States | 18.0 | 18.6 | 20.4 | 13.4 | -9.4% |
| Spain | 8.4 | 10.4 | 5.4 | 5.2 | -14.8% |
| France | 3.6 | 3.3 | 4.5 | 2.9 | -7.0% |
| Canada | 3.9 | 2.9 | 3.8 | 2.4 | -14.9% |
| Netherlands | 2.8 | 3.5 | 2.0 | 1.8 | -13.7% |
| Others | 20.4 | 19.0 | 17.3 | 12.7 | -14.6% |
| Total | 131 | 146 | 164 | 111 | -5.4% |
Top Suppliers of Carboxylic Acid to Mexico in 2022:
- China (11.2K tons)
- United States (6.0K tons)
- India (2.8K tons)
- Spain (2.4K tons)
- France (1.6K tons)
- Canada (1.4K tons)
- Netherlands (1.0K tons)
Carboxylic Acid Exports in Mexico
After two years of decline, shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions increased by 3,200% to 9.5K tons in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, carboxylic acid exports soared to $76M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carboxylic Acid in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 4.8 | 1.1 | 42.9 | 107.5% |
| Colombia | 3.8 | 1.4 | 0.9 | 24.9 | 87.1% |
| Guatemala | N/A | 0.6 | 0.5 | 7.3 | 248.8% |
| Others | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Total | 8.7 | 6.7 | 2.5 | 75.6 | 105.6% |
Top Export Markets for Carboxylic Acid from Mexico in 2022:
- United States (6.6K tons)
- Colombia (2.6K tons)
- Guatemala (0.2K tons)
This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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
-
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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