Mexico - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene with A Specific Gravity of Less than 0.94 in Mexico - 2023

Contents:

  1. Price for Polyethylene with A Specific Gravity of Less than 0.94 in Mexico (CIF) - 2023
  2. Price for Polyethylene with A Specific Gravity of Less than 0.94 in Mexico (FOB) - 2023
  3. Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Mexico
  4. Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Mexico

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Mexico (CIF) - 2023

In October 2023, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,103 per ton, growing by 1.7% against the previous month. Over the period under review, import price indicated a prominent expansion from October 2022 to October 2023: its price increased at an average monthly rate of +6.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for polyethylene with a specific gravity of less than 0.94, in primary forms increased by +6.1% against August 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 140% against the previous month. As a result, import price reached the peak level of $1,251 per ton. From December 2022 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Canada ($1,196 per ton), while the price for the United States stood at $1,093 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+7.1%).

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Mexico (FOB) - 2023

The average export price for polyethylene with a specific gravity of less than 0.94, in primary forms stood at $993 per ton in October 2023, remaining stable against the previous month. Overall, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in February 2023 an increase of 76% against the previous month. The export price peaked at $1,309 per ton in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Peru ($1,434 per ton), while the average price for exports to the United States ($655 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Mexico

In 2022, imports of polyethylene with a specific gravity of less than 0.94, in primary forms into Mexico skyrocketed to 765K tons, rising by 30% compared with the previous year's figure. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms reached $1B in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Polyethylene with A Specific Gravity of Less than 0.94 in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40743594092231.3%
Canada50.740.554.198.424.7%
Others18.520.529.124.59.8%
Total4764961,0231,04530.0%

Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Mexico in 2022:

  1. United States (680.9K tons)
  2. Canada (73.4K tons)

Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Mexico

In 2022, overseas shipments of polyethylene with a specific gravity of less than 0.94, in primary forms decreased by -1.8% to 100K tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 189K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms dropped to $153M in 2022. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 3%. As a result, the exports attained the peak of $202M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Polyethylene with A Specific Gravity of Less than 0.94 in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33.940.462.146.811.3%
Peru18.726.229.326.812.7%
Guatemala13.619.122.124.922.3%
Colombia20.320.322.716.6-6.5%
El Salvador6.38.813.311.221.1%
Dominican Republic14.6N/A3.67.6-19.6%
Costa Rica3.34.65.67.330.3%
Ecuador5.911.38.65.1-4.7%
Chile7.511.56.71.8-37.9%
BelgiumN/A14.8N/AN/A0%
China12.94.2N/AN/A-67.4%
Cuba8.02.1N/AN/A-73.8%
Netherlands32.819.6N/AN/A-40.2%
Others18.018.65.55.4-33.1%
Total196202179153-7.9%

Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Mexico in 2022:

  1. United States (41.7K tons)
  2. Peru (13.6K tons)
  3. Guatemala (13.2K tons)
  4. Colombia (8.4K tons)
  5. El Salvador (7.0K tons)
  6. Dominican Republic (5.1K tons)
  7. Costa Rica (3.6K tons)
  8. Ecuador (2.6K tons)
  9. Chile (0.9K tons)
  10. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
  • Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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