Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico - 2023

Contents:

  1. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico (CIF) - 2023
  2. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico (FOB) - 2023
  3. Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico
  4. Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico (CIF) - 2023

The average import price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $13,146 per ton in October 2023, dropping by -11.1% against the previous month. Over the period under review, the import price saw a pronounced contraction. The growth pace was the most rapid in August 2023 when the average import price increased by 15% against the previous month. Over the period under review, average import prices reached the maximum at $20,194 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($93,499 per ton), while the price for Germany ($5,386 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico (FOB) - 2023

The average export price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $25,007 per ton in October 2023, declining by -4.7% against the previous month. In general, the export price, however, posted modest growth. The most prominent rate of growth was recorded in September 2023 an increase of 4.4% m-o-m. Over the period under review, the average export prices hit record highs at $29,073 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From February 2023 to October 2023, the rate of growth in terms of prices for the United States amounted to +1.3% per month.

Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico

Imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses into Mexico expanded sharply to 2.2K tons in 2022, with an increase of 13% compared with the year before. Overall, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

In value terms, imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses surged to $37M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.

Import of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States30.619.024.028.4-2.5%
Japan1.10.50.72.429.7%
China1.00.81.12.128.1%
Italy0.30.70.71.881.7%
Germany1.30.71.11.30.0%
RussiaN/AN/A2.00.8-60.0%
India1.00.70.50.4-26.3%
Others1.91.10.1N/A-77.1%
Total37.123.530.337.10.0%

Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms to Mexico in 2022:

  1. United States (1656.5 tons)
  2. China (143.3 tons)
  3. Germany (131.0 tons)
  4. Italy (113.5 tons)
  5. Japan (90.1 tons)
  6. Russia (51.5 tons)
  7. India (39.5 tons)

Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico

Exports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses from Mexico skyrocketed to 88 tons in 2022, increasing by 39% against 2021. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, exports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses skyrocketed to $1.9M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.01.21.31.923.9%
OthersN/AN/AN/AN/A0%
Total1.01.21.31.923.9%

Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms from Mexico in 2022:

  1. United States (87.9 tons)
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