Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico (CIF) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico (CIF) - 2023
In August 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $6,758 per ton, falling by -22.1% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 74% month-to-month. As a result, import price attained the peak level of $9,579 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($13,032 per ton), while the price for Colombia ($3,753 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $2,548 per ton in 2022, waning by -19.1% against the previous year. In general, the export price faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,793 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($10,389 per ton), while the average price for exports to the United States totaled $1,972 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-1.5%), while the prices for the other major destinations experienced a decline.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico
In 2022, approx. 1.2K tons of colouring matter; ultramarine and preparations based therea were imported into Mexico; growing by 9.2% compared with the year before. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $6.7M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 981 | 901 | 1,666 | 1,827 | 23.0% |
| India | 401 | 302 | 269 | 1,818 | 65.5% |
| Colombia | 1,985 | 1,807 | 1,937 | 1,331 | -12.5% |
| France | 502 | 447 | 721 | 1,055 | 28.1% |
| China | 419 | 413 | 350 | 540 | 8.8% |
| Others | 334 | 202 | 99.9 | 109 | -31.2% |
| Total | 4,620 | 4,073 | 5,044 | 6,680 | 13.1% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Mexico in 2022:
- Colombia (405.0 tons)
- India (377.3 tons)
- United States (159.0 tons)
- China (126.3 tons)
- France (121.2 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico
In 2022, approx. 18 tons of colouring matter; ultramarine and preparations based therea were exported from Mexico; with a decrease of -76.2% on 2021. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 211% against the previous year. As a result, the exports attained the peak of 77 tons, and then declined sharply in the following year.
In value terms, exports of colouring matter; ultramarine and preparations based therea contracted rapidly to $47K in 2022. Over the period under review, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 151%. As a result, the exports attained the peak of $242K, and then reduced notably in the following year.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 60.8 | 75.5 | 212 | 33.6 | -17.9% |
| Guatemala | 20.3 | 18.3 | 30.7 | 13.0 | -13.8% |
| Colombia | 23.9 | N/A | N/A | N/A | 0% |
| Others | 4.6 | 2.6 | N/A | N/A | -43.5% |
| Total | 110 | 96.4 | 242 | 46.6 | -24.9% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Mexico in 2022:
- United States (17.0 tons)
- Guatemala (1.3 tons)
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