Mexico - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Rolled Bitumen Products Price in Mexico - 2023
Contents:
- Non-Rolled Bitumen Products Price in Mexico (CIF) - 2023
- Non-Rolled Bitumen Products Price in Mexico (FOB) - 2023
- Non-Rolled Bitumen Products Imports in Mexico
- Non-Rolled Bitumen Products Exports in Mexico
Non-Rolled Bitumen Products Price in Mexico (CIF) - 2023
The average non-rolled bitumen products import price stood at $524 per ton in August 2023, surging by 1.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices reached the peak figure at $571 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($530 per ton), while the price for Canada totaled $401 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.3%).
Non-Rolled Bitumen Products Price in Mexico (FOB) - 2023
In July 2023, the average non-rolled bitumen products export price amounted to $1,957 per ton, remaining relatively unchanged against the previous month. In general, the export price saw a temperate increase. The growth pace was the most rapid in May 2023 an increase of 6.9% against the previous month. As a result, the export price attained the peak level of $2,047 per ton; afterwards, it flattened through to July 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to +2.4% per month.
Non-Rolled Bitumen Products Imports in Mexico
In 2022, non-rolled bitumen products imports into Mexico declined slightly to 17K tons, waning by -2.3% on the previous year's figure. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 17K tons, and then declined slightly in the following year.
In value terms, non-rolled bitumen products imports reached $7.9M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Import of Non-Rolled Bitumen Products in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.4 | 6.9 | 7.6 | 7.6 | 0.9% |
Others | 0.3 | 0.1 | N/A | 0.3 | 0.0% |
Total | 7.7 | 7.1 | 7.7 | 7.9 | 0.9% |
Top Suppliers of Non-Rolled Bitumen Products to Mexico in 2022:
- United States (16.4K tons)
Non-Rolled Bitumen Products Exports in Mexico
For the third year in a row, Mexico recorded decline in shipments abroad of non-rolled bitumen products, which decreased by -61.1% to 624 tons in 2022. In general, exports saw a significant decline. The smallest decline of -8.6% was in 2020.
In value terms, non-rolled bitumen products exports declined dramatically to $762K in 2022. Overall, exports saw a sharp reduction. The smallest decline of -3.3% was in 2020.
Export of Non-Rolled Bitumen Products in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.2 | 4.1 | 1.8 | 0.8 | -42.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.2 | 4.1 | 1.8 | 0.8 | -42.5% |
Top Export Markets for Non-Rolled Bitumen Products from Mexico in 2022:
- United States (624.1 tons)
This report provides an in-depth analysis of the non-rolled bitumen products 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 23991290 - Products based on bitumen (excluding in rolls)
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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