Mexico - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in Mexico - 2022
Contents:
- Price for Polyethylene Glycol and Polyether in Mexico (CIF) - 2022
- Price for Polyethylene Glycol and Polyether in Mexico (FOB) - 2022
- Imports of Polyethylene Glycol and Polyether in Mexico
- Exports of Polyethylene Glycol and Polyether in Mexico
Price for Polyethylene Glycol and Polyether in Mexico (CIF) - 2022
The average polyethylene glycol and polyether import price stood at $2,559 per ton in November 2022, reducing by -6.4% against the previous month. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 99% month-to-month. Over the period under review, average import prices reached the maximum at $3,479 per ton in December 2021; however, from January 2022 to November 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,804 per ton), while the price for China ($1,643 per ton) was amongst the lowest.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.1%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene Glycol and Polyether in Mexico (FOB) - 2022
The average polyethylene glycol and polyether export price stood at $3,438 per ton in November 2022, with a decrease of -2.4% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 14% m-o-m. As a result, the export price reached the peak level of $3,738 per ton. From February 2022 to November 2022, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In November 2022, the highest price was recorded for prices to Peru ($4,256 per ton) and Brazil ($3,760 per ton), while the average price for exports to Argentina ($2,878 per ton) and Colombia ($3,025 per ton) were amongst the lowest.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene Glycol and Polyether in Mexico
In 2022, approx. 212K tons of polyethylene glycols and polyethers in primary forms were imported into Mexico; declining by -5.6% compared with the year before. The total import volume increased at an average annual rate of +2.9% 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 2021 with an increase of 38%. As a result, imports attained the peak of 224K tons, and then contracted in the following year.
In value terms, polyethylene glycol and polyether imports reduced to $587M in 2022. Over the period under review, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of $643M, and then shrank in the following year.
| Import of Polyethylene Glycol and Polyether in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 333 | 289 | 437 | 399 | 6.2% |
| China | 16.8 | 12.6 | 117 | 107 | 85.4% |
| South Korea | 19.5 | 18.5 | 51.9 | 47.4 | 34.5% |
| Taiwan (Chinese) | 3.1 | 3.6 | 14.0 | 12.8 | 60.4% |
| Others | 19.1 | 15.9 | 23.6 | 20.8 | 2.9% |
| Total | 391 | 340 | 643 | 587 | 14.5% |
Top Suppliers of Polyethylene Glycol and Polyether to Mexico in 2022:
- United States (142.2K tons)
- China (38.4K tons)
- South Korea (19.8K tons)
- Taiwan (Chinese) (4.2K tons)
Exports of Polyethylene Glycol and Polyether in Mexico
In 2022, exports of polyethylene glycols and polyethers in primary forms from Mexico expanded remarkably to 13K tons, picking up by 10% compared with 2021. Over the period under review, exports, however, faced a abrupt slump.
In value terms, polyethylene glycol and polyether exports rose notably to $42M in 2022. Overall, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.2% 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 +77.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Polyethylene Glycol and Polyether in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.2 | 9.8 | 22.2 | 22.6 | 11.7% |
| United Arab Emirates | 9.4 | 6.4 | 4.7 | 7.6 | -6.8% |
| Colombia | 3.5 | 1.8 | 3.5 | 3.5 | 0.0% |
| Brazil | 4.1 | 1.7 | 3.4 | 3.4 | -6.0% |
| Guatemala | 0.6 | 0.7 | 1.3 | 1.4 | 32.6% |
| Peru | 1.4 | 0.7 | 0.1 | 0.8 | -17.0% |
| Argentina | 0.7 | 0.7 | 0.5 | 0.7 | 0.0% |
| Others | 2.3 | 1.7 | 1.6 | 2.0 | -4.6% |
| Total | 38.3 | 23.7 | 37.3 | 42.1 | 3.2% |
Top Export Markets for Polyethylene Glycol and Polyether from Mexico in 2022:
- United States (5.7K tons)
- United Arab Emirates (2.6K tons)
- Brazil (1.3K tons)
- Colombia (1.2K tons)
- Peru (0.3K tons)
- Guatemala (0.3K tons)
- Argentina (0.3K tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
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
-
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
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