Price for Ketone-Phenols and Ketones with Other Oxygen Function in Mexico - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Mexico (CIF) - 2023
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Mexico (FOB) - 2023
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Mexico
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Mexico
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Mexico (CIF) - 2023
The average import price for ketone-phenols and ketones with other oxygen functia stood at $7,504 per ton in August 2023, which is down by -33.3% against the previous month. Overall, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in February 2023 an increase of 45% against the previous month. The import price peaked at $17,137 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($17,551 per ton), while the price for the United States ($6,044 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 China (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Mexico (FOB) - 2023
The average export price for ketone-phenols and ketones with other oxygen functia stood at $17,002 per ton in August 2023, falling by -11.9% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 102% against the previous month. As a result, the export price attained the peak level of $36,035 per ton. From February 2023 to August 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.6% per month.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Mexico
Imports of ketone-phenols and ketones with other oxygen functia into Mexico skyrocketed to 1.4K tons in 2022, surging by 58% against the year before. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of ketone-phenols and ketones with other oxygen functia soared to $16M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 49% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.4 | 4.3 | 5.2 | 8.6 | 36.3% |
| United States | 0.5 | 2.6 | 6.7 | 6.3 | 132.7% |
| India | 1.8 | 1.3 | 0.5 | 1.4 | -8.0% |
| Others | 0.3 | 0.8 | 0.1 | 0.2 | -12.6% |
| Total | 6.0 | 9.0 | 12.5 | 16.5 | 40.1% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Mexico in 2022:
- United States (844.0 tons)
- China (406.2 tons)
- India (151.1 tons)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Mexico
Exports of ketone-phenols and ketones with other oxygen functia from Mexico skyrocketed to 271 tons in 2022, jumping by 159% compared with 2021. Overall, exports, however, showed a relatively flat trend pattern.
In value terms, exports of ketone-phenols and ketones with other oxygen functia skyrocketed to $5.3M in 2022. In general, exports recorded buoyant growth.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 4.5 | 2.0 | 4.5 | 4.0% |
| Brazil | 0.5 | 2.1 | N/A | 0.8 | 17.0% |
| Colombia | 0.1 | 0.2 | N/A | N/A | 100.0% |
| India | N/A | 0.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 7.0 | 2.0 | 5.3 | 4.8% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Mexico in 2022:
- United States (222.4 tons)
- Brazil (48.6 tons)
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