Mexico - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Mexico - 2023
Contents:
- Monoethanolamine Price in Mexico (CIF) - 2023
- Monoethanolamine Price in Mexico (FOB) - 2022
- Monoethanolamine Imports in Mexico
- Monoethanolamine Exports in Mexico
Monoethanolamine Price in Mexico (CIF) - 2023
In June 2023, the average monoethanolamine import price amounted to $1,827 per ton, waning by -44.6% against the previous month. In general, the import price recorded a abrupt setback. The pace of growth was the most pronounced in December 2022 an increase of 61% m-o-m. As a result, import price reached the peak level of $4,613 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,726 per ton), while the price for China ($1,569 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 (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Monoethanolamine Price in Mexico (FOB) - 2022
The average monoethanolamine export price stood at $3,505 per ton in 2022, rising by 77% against the previous year. In general, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($4,682 per ton), while the average price for exports to Colombia totaled $3,172 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Monoethanolamine Imports in Mexico
Monoethanolamine imports into Mexico soared to 2.6K tons in 2022, rising by 38% on the year before. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, monoethanolamine imports rose significantly to $3.4M in 2022. In general, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +3.3% 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 +64.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 54%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Monoethanolamine in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 1.6 | 2.1 | 3.3 | 6.9% |
| Others | 0.4 | 0.5 | 1.1 | 0.1 | -37.0% |
| Total | 3.1 | 2.1 | 3.2 | 3.4 | 3.1% |
Top Suppliers of Monoethanolamine to Mexico in 2022:
- United States (2.6K tons)
Monoethanolamine Exports in Mexico
In 2022, the amount of monoethanolamine and its salts exported from Mexico shrank rapidly to 29 tons, declining by -99.2% compared with the year before. Over the period under review, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 635% against the previous year. As a result, the exports reached the peak of 3.7K tons, and then contracted dramatically in the following year.
In value terms, monoethanolamine exports fell remarkably to $103K in 2022. Overall, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,088% against the previous year. As a result, the exports reached the peak of $7.4M, and then shrank notably in the following year.
| Export of Monoethanolamine in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 59.5 | 14.3 | 97.6 | 72.7 | 6.9% |
| Guatemala | 2.8 | 0.3 | 8.2 | 30.3 | 121.2% |
| Spain | 622 | 26.8 | 157 | N/A | -49.8% |
| Argentina | 137 | 23.8 | 103 | N/A | -13.3% |
| Germany | 382 | 99.9 | 687 | N/A | 34.1% |
| China | 110 | 33.6 | 302 | N/A | 65.7% |
| United Kingdom | 57.8 | 117 | 275 | N/A | 118.1% |
| Poland | 166 | 11.3 | 391 | N/A | 53.5% |
| Czech Republic | 105 | 28.6 | 279 | N/A | 63.0% |
| Italy | 590 | 75.7 | 68.3 | N/A | -66.0% |
| United States | 606 | 58.5 | 485 | N/A | -10.5% |
| Others | 433 | 132 | 4,533 | N/A | 223.6% |
| Total | 3,272 | 622 | 7,385 | 103 | -68.4% |
Top Export Markets for Monoethanolamine from Mexico in 2022:
- Colombia (22.9 tons)
- Guatemala (6.5 tons)
This report provides an in-depth analysis of the monoethanolamine 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 20144233 - Monoethanolamine and its salts
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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