Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico - 2023

Contents:

1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico (CIF) - 2023
2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico (FOB) - 2022
3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico
4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico (CIF) - 2023

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $5,533 per ton in December 2023, with a decrease of -6.7% against the previous month. Over the period under review, the import price recorded a slight contraction. The pace of growth appeared the most rapid in January 2023 an increase of 18% m-o-m. As a result, import price reached the peak level of $7,914 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($8,962 per ton), while the price for China ($3,419 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $8,932 per ton in 2022, with an increase of 10% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 46% against the previous year. The export price peaked at $9,661 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Colombia ($10,621 per ton) and the United States ($9,535 per ton), while the average price for exports to Guatemala ($7,472 per ton) and Brazil ($8,210 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico

After three years of growth, overseas purchases of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -1.5% to 13K tons in 2022. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 5.8%.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $88M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Mexico in 2022:

1. Germany (4.9K tons)
2. China (3.4K tons)
3. United States (3.3K tons)
4. Sweden (1.0K tons)
5. South Korea (0.2K tons)
6. Belgium (0.1K tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Mexico

In 2022, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses from Mexico surged to 89 tons, with an increase of 102% against the previous year's figure. In general, exports, however, showed a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 540% against the previous year. As a result, the exports attained the peak of 1.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $791K in 2022. Over the period under review, exports, however, faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 515%. As a result, the exports reached the peak of $9.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Mexico in 2022:

1. United States (50.3 tons)
2. Brazil (31.4 tons)
3. Guatemala (5.1 tons)
4. Colombia (1.3 tons)

Source: IndexBox Market Intelligence Platform