Mexico - Palmitic Acid, Stearic Acid, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico - 2023
Contents:
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico (CIF) - 2023
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico (FOB) - 2023
- Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico
- Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico (CIF) - 2023
The average import price for palmitic acid, stearic acid, their salts and esters stood at $2,506 per ton in October 2023, jumping by 26% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 48% against the previous month. As a result, import price reached the peak level of $4,152 per ton. From December 2022 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($5,972 per ton), while the price for Malaysia ($1,585 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico (FOB) - 2023
The average export price for palmitic acid, stearic acid, their salts and esters stood at $3,083 per ton in October 2023, stabilizing at the previous month. Overall, the export price saw a noticeable slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 12% month-to-month. The export price peaked at $4,598 per ton in January 2023; however, from February 2023 to October 2023, the 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 October 2023, the rate of growth in terms of prices for the United States amounted to -3.9% per month.
Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico
In 2022, purchases abroad of palmitic acid, stearic acid, their salts and esters was finally on the rise to reach 8.9K tons after two years of decline. In general, imports, however, showed a pronounced curtailment.
In value terms, imports of palmitic acid, stearic acid, their salts and esters skyrocketed to $21M 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 +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.9 | 4.4 | 5.6 | 6.8 | 4.8% |
Malaysia | 6.9 | 6.5 | 7.1 | 6.7 | -1.0% |
Indonesia | 0.9 | 0.8 | 1.2 | 3.3 | 54.2% |
Germany | 0.8 | 0.9 | 0.9 | 1.2 | 14.5% |
Singapore | 0.4 | 0.3 | 0.4 | 1.0 | 35.7% |
China | 0.5 | 0.3 | 0.4 | 0.8 | 17.0% |
Brazil | 0.1 | N/A | 0.3 | 0.6 | 81.7% |
Others | 1.0 | 0.4 | 1.0 | 1.1 | 3.2% |
Total | 16.4 | 13.6 | 16.8 | 21.4 | 9.3% |
Top Suppliers of Palmitic Acid, Stearic Acid, Their Salts and Esters to Mexico in 2022:
- Malaysia (2.7K tons)
- Indonesia (1.5K tons)
- United States (1.3K tons)
- Germany (0.3K tons)
- China (0.3K tons)
- Brazil (0.2K tons)
- Singapore (0.2K tons)
Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico
In 2022, the amount of palmitic acid, stearic acid, their salts and esters exported from Mexico shrank remarkably to 324 tons, waning by -42.1% against the previous year's figure. Over the period under review, exports showed a sharp setback. The smallest decline of -2.4% was in 2020.
In value terms, exports of palmitic acid, stearic acid, their salts and esters fell to $1.3M in 2022. Overall, exports faced a sharp contraction.
Export of Palmitic Acid, Stearic Acid, Their Salts and Esters in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.8 | 4.4 | 1.3 | 1.3 | -35.3% |
Guatemala | 0.2 | 0.2 | N/A | N/A | 0.0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 5.1 | 4.8 | 1.3 | 1.3 | -36.6% |
Top Export Markets for Palmitic Acid, Stearic Acid, Their Salts and Esters from Mexico in 2022:
- United States (324.0 tons)
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143235 - Palmitic acid, stearic acid, their salts and esters
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Mexico.
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