Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (CIF) - 2023
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Mexico
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.4 | 3.9 | 3.6 | 2.6 | -8.6% |
India | 2.4 | 2.3 | 1.7 | 2.3 | -1.4% |
Germany | 2.1 | 1.8 | 0.8 | 0.8 | -27.5% |
China | 2.1 | 1.0 | 0.3 | 0.5 | -38.0% |
Others | 0.5 | 0.4 | 1.8 | N/A | 89.7% |
Total | 10.5 | 9.5 | 8.1 | 6.3 | -15.7% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Mexico in 2022:
- United States (155.4 tons)
- India (100.4 tons)
- Germany (48.6 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Venezuela | 113 | 45.1 | 53.9 | 47.2 | -25.2% |
United States | 39.0 | 12.3 | 11.6 | 15.5 | -26.5% |
Guatemala | 3.2 | 1.3 | 0.7 | 1.0 | -32.1% |
Switzerland | 4.3 | 1.3 | 1.2 | 0.8 | -42.9% |
Costa Rica | 3.3 | 1.4 | 0.4 | 0.7 | -40.4% |
Dominican Republic | 1.0 | 0.7 | 0.5 | 0.4 | -26.3% |
Brazil | 1.2 | 0.4 | 0.4 | 0.3 | -37.0% |
Indonesia | 2.7 | N/A | N/A | N/A | 0% |
Singapore | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
Others | 1.9 | 1.3 | 1.1 | 0.9 | -22.0% |
Total | 169 | 63.9 | 69.9 | 66.9 | -26.6% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Mexico in 2022:
- Venezuela (1632.0 kg)
- United States (822.0 kg)
- Switzerland (191.0 kg)
- Guatemala (179.0 kg)
- Costa Rica (149.0 kg)
- Singapore (106.0 kg)
- Dominican Republic (73.0 kg)
- Brazil (39.0 kg)
This report provides an in-depth analysis of the aromatic alcohols market in Mexico.
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