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

Contents:

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

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

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $35,038 per ton in September 2023, with an increase of 52% against the previous month. Over the period under review, the import price, however, showed a perceptible decline. Over the period under review, average import prices attained the peak figure at $45,715 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to September 2023, the rate of growth in terms of prices for China amounted to -2.4% per month.

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

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $32,643 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 32%. Over the period under review, the average export prices hit record highs at $32,735 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($325,681 per ton), while the average price for exports to Costa Rica ($6,545 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 Chile (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses increased by 294% to 60 tons in 2022. Over the period under review, imports posted a modest increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses skyrocketed to $1.7M in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5462401091,68345.5%
United States37.930.44.230.8-6.7%
EcuadorN/A193N/AN/A0%
Japan26520989.0N/A-42.0%
India10978.030.9N/A-46.8%
Netherlands83.652243.1N/A-28.2%
Others210168137N/A-19.2%
Total1,2521,4404141,71411.0%

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

  1. China (58.5 tons)
  2. United States (1.1 tons)

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

In 2022, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses from Mexico declined significantly to 33 kg, which is down by -29.8% on the previous year's figure. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 when exports increased by 135% against the previous year.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses contracted significantly to $1.1K in 2022. Over the period under review, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 154% against the previous year.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Mexico (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1,7884391,046718-26.2%
Guatemala29785.0236188-14.1%
Colombia39.018.088.059.014.8%
Costa Rica19.02.01.03.0-46.0%
Others26565.0175110-25.4%
Total2,4086091,5461,078-23.5%

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

  1. Guatemala (21.0 kg)
  2. Chile (10.0 kg)
  3. Colombia (1.0 kg)
  4. Costa Rica (1.0 kg)

Source: IndexBox Market Intelligence Platform

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