Price for Monophenols; Cresols and Their Salts in Mexico - 2023
Contents:
- Price for Monophenols; Cresols and Their Salts in Mexico (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Mexico (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Mexico
- Exports of Monophenols; Cresols and Their Salts in Mexico
Price for Monophenols; Cresols and Their Salts in Mexico (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $2,966 per ton in 2022, growing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($3,113 per ton), while the price for Germany ($1,996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Monophenols; Cresols and Their Salts in Mexico (FOB) - 2022
The average export price for monophenols; cresols and their saltses stood at $11,600 per ton in 2022, declining by -12.7% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 515%. The export price peaked at $47,429 per ton in 2017; however, from 2018 to 2022, 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 Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +12.9% per year.
Imports of Monophenols; Cresols and Their Salts in Mexico
In 2022, the amount of monophenols; cresols and their saltses imported into Mexico skyrocketed to 1.9K tons, jumping by 17% against the year before. The total import volume increased at an average annual rate of +10.3% over the period 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 2020 with an increase of 25%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, monophenols; cresols and their salts imports surged to $5.7M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Cresols and Their Salts in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2.5 | 3.0 | 2.6 | 4.0 | 17.0% |
| United States | 1.1 | 1.3 | 1.1 | 1.4 | 8.4% |
| Germany | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 3.8 | 4.6 | 4.1 | 5.7 | 14.5% |
Top Suppliers of Monophenols; Cresols and Their Salts to Mexico in 2022:
- South Africa (1297.0 tons)
- United States (508.9 tons)
- Germany (124.2 tons)
Exports of Monophenols; Cresols and Their Salts in Mexico
Monophenols; cresols and their salts exports from Mexico reduced sharply to 5 kg in 2022, waning by -28.6% against the year before. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 250% against the previous year. As a result, the exports attained the peak of 7 kg, and then dropped remarkably in the following year.
In value terms, monophenols; cresols and their salts exports contracted notably to $58 in 2022. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 304%. As a result, the exports attained the peak of $93, and then contracted notably in the following year.
| Export of Monophenols; Cresols and Their Salts in Mexico (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 87.0 | 23.0 | 93.0 | 58.0 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 87.0 | 23.0 | 93.0 | 58.0 | -12.6% |
Top Export Markets for Monophenols; Cresols and Their Salts from Mexico in 2022:
- Colombia (5.0 kg)
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