Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Mexico - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Mexico (CIF) - 2023
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Mexico
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Mexico (CIF) - 2023
The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $7,714 per ton in October 2023, rising by 21% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 101% against the previous month. As a result, import price attained the peak level of $27,206 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($14,631 per ton), while the price for China ($5,843 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.9%), while the prices for the other major suppliers experienced a decline.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Mexico
In 2022, after two years of decline, there was significant growth in overseas purchases of alcohols; aromatic and derivatives, other than benzyl alcohol, when their volume increased by 71% to 1.5K tons. Overall, imports, however, showed a slight descent.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol soared to $33M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.3 | 18.9 | 14.3 | 32.6 | 28.7% |
| United States | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Others | 0.6 | 0.6 | 0.2 | 0.4 | -12.6% |
| Total | 16.4 | 19.9 | 15.0 | 33.4 | 26.8% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Mexico in 2022:
- China (1480.3 tons)
- United States (32.3 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 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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