Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico - 2022

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico (FOB) - 2022
2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico (CIF) - 2022
3. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico
4. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico (FOB) - 2022

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $530 per ton in 2022, dropping by -1.9% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 100%. As a result, the export price reached the peak level of $1,172 per ton. From 2021 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -12.6% per year.

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico (CIF) - 2022

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $1,873 per ton, rising by 1.6% against the previous year. Over the period under review, the import price recorded resilient growth. The growth pace was the most rapid in 2016 when the average import price increased by 103% against the previous year. Over the period under review, average import prices hit record highs at $5,997 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($712 per ton), while the price for the United States amounted to $477 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico

Exports of liquefied ethylene, propylene, butylene and butadienes from Mexico contracted to 17K tons in 2022, waning by -6.8% compared with the year before. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 71%.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes fell to $8.8M in 2022. Overall, exports showed a deep downturn.

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from Mexico in 2022:

1. United States (14.1K tons)

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Mexico

For the third year in a row, Mexico recorded decline in purchases abroad of liquefied ethylene, propylene, butylene and butadienes, which decreased by -1.1% to 845 tons in 2022. Overall, imports continue to indicate a abrupt curtailment. The smallest decline of -1.1% was in 2021.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes amounted to $1.6M in 2022. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 78%.

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Mexico in 2022:

1. Canada (1292.8 tons)
2. United States (649.9 tons)

Source: IndexBox Market Intelligence Platform