Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Mexico - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Mexico (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Mexico
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Mexico (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,415 per ton in 2022, increasing by 13% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by +105.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 72% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,998 per ton), while the price for China ($3,060 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Mexico
In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into Mexico skyrocketed to 2.1K tons, increasing by 112% compared with the previous year's figure. Overall, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 127%. As a result, imports reached the peak of 6.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol soared to $7.2M in 2022. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 141% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 7.8 | 0.8 | 4.9 | 26.9% |
| United States | 0.8 | 1.2 | 1.4 | 1.7 | 28.6% |
| Netherlands | 1.1 | 1.4 | 0.3 | 0.3 | -35.2% |
| Germany | 0.3 | 0.5 | 0.5 | 0.3 | 0.0% |
| United Kingdom | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 4.7 | 11.4 | 3.0 | 7.2 | 15.3% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Mexico in 2022:
- China (1596.1 tons)
- United States (334.1 tons)
- Netherlands (93.1 tons)
- Germany (76.4 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Mexico.
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This report provides an in-depth analysis of the alcohols market in Mexico.
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This report provides an in-depth analysis of the aromatic alcohols market in Mexico.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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