Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico - 2023

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (CIF) - 2023
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (CIF) - 2023

In December 2023, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $14,288 per ton, which is down by -11.4% against the previous month. Overall, the import price saw a pronounced descent. The pace of growth was the most pronounced in August 2023 when the average import price increased by 20% m-o-m. Over the period under review, average import prices attained the peak figure at $20,851 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was India ($17,220 per ton), while the price for Germany totaled $13,499 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $19,817 per ton in 2022, shrinking by -6.6% against the previous year. Overall, the export price showed a slight decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $34,904 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($28,924 per ton), while the average price for exports to Singapore ($364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Mexico dropped markedly to 329 tons in 2022, with a decrease of -26.5% against the year before. Overall, imports showed a abrupt curtailment. The smallest decline of -15.3% was in 2020.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped sharply to $6.3M in 2022. Over the period under review, imports recorded a abrupt descent. The smallest decline of -9% was in 2020.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.43.93.62.6-8.6%
India2.42.31.72.3-1.4%
Germany2.11.80.80.8-27.5%
China2.11.00.30.5-38.0%
Others0.50.41.8N/A89.7%
Total10.59.58.16.3-15.7%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Mexico in 2022:

  1. United States (155.4 tons)
  2. India (100.4 tons)
  3. Germany (48.6 tons)
  4. China (24.8 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico

In 2022, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from Mexico rose slightly to 3.4 tons, increasing by 2.5% compared with the year before. Over the period under review, exports, however, faced a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 3.1% against the previous year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol reduced slightly to $67K in 2022. Overall, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4% against the previous year.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela11345.153.947.2-25.2%
United States39.012.311.615.5-26.5%
Guatemala3.21.30.71.0-32.1%
Switzerland4.31.31.20.8-42.9%
Costa Rica3.31.40.40.7-40.4%
Dominican Republic1.00.70.50.4-26.3%
Brazil1.20.40.40.3-37.0%
Indonesia2.7N/AN/AN/A0%
Singapore0.30.10.1N/A-42.3%
Others1.91.31.10.9-22.0%
Total16963.969.966.9-26.6%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Mexico in 2022:

  1. Venezuela (1632.0 kg)
  2. United States (822.0 kg)
  3. Switzerland (191.0 kg)
  4. Guatemala (179.0 kg)
  5. Costa Rica (149.0 kg)
  6. Singapore (106.0 kg)
  7. Dominican Republic (73.0 kg)
  8. Brazil (39.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Mexico Sees Significant Decline in Aromatic Alcohols Imports, Falling to $744K in November 2023
Mar 6, 2024
Eye 129

From April 2023 to November 2023, Aromatic Alcohols imports saw a slight decrease, with the value dropping significantly to $744K in November 2023.

Mexico's Imports of Aromatic Alcohols Plummet to $341K in August 2023
Dec 1, 2023
Eye 194

From April 2023 to August 2023, the import of Aromatic Alcohols experienced a decline, reaching a value of $341K in August 2023.

Global Alcohols and Their Derivatives Market 2019 - Consumption Growth Softened, Hampered by Weaker Market in China
Aug 13, 2019
Eye 717

The global alcohol market revenue amounted to $56.1B in 2018, remaining stable against the previous year. This...

Which Country Imports the Most Sulphonated, Nitrated and Nitrosated Derivatives of Hydrocarbons in the World?
Jul 26, 2018
Eye 912

In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports stood at $X in 2016. In general, sulphonated, nitrated and nitrosated derivatives of hydrocarbons imports co...

Which Country Imports the Most Alcohols in the World?
Jul 26, 2018
Eye 2791

In 2016, the global imports of alcohol amounted to X tons, shrinking by -X% against the previous year level. In general, alcohol imports continue to indicate a slight deduction. The pace of gro...

Which Country Exports the Most Sulphonated, Nitrated and Nitrosated Derivatives of Hydrocarbons in the World?
Jul 26, 2018
Eye 1129

In value terms, sulphonated, nitrated and nitrosated derivatives of hydrocarbons exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period fro...

Which Country Exports the Most Alcohols in the World?
Jul 26, 2018
Eye 2472

In 2016, the amount of alcohol exported worldwide stood at X tons, shrinking by -X% against the previous year figure. Overall, alcohol exports continue to indicate a abrupt decrease. The pace ...

Which Country Imports the Most Alcohols in the World?
May 28, 2018
Eye 953

In 2016, the global imports of alcohol stood at X tons, waning by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...

Which Country Exports the Most Alcohols in the World?
May 28, 2018
Eye 1015

In value terms, alcohols exports amounted to $X in 2016. In general, alcohols exports continue to indicate a relatively flat trend pattern. Global alcohols export peaked of $X in 2013; however, ...

Alcohol Market - the US Became Mexico’s Primary Supplier of Alcohol in 2014
Jul 30, 2015
Eye 1417

The U.S. is one of the leaders in the global trade of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives. In 2014, the U.S. exported X thousand tons of alcohols and their halogenated, sulphonated, nitrated or nitrosat

Free Data: Alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol - Mexico