Price for Poly(Lactic Acid); in Primary Forms in Mexico - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Mexico (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Mexico (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Mexico
- Exports of Poly(Lactic Acid); in Primary Forms in Mexico
Price for Poly(Lactic Acid); in Primary Forms in Mexico (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,852 per ton, rising by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 11%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,109 per ton), while the price for China ($3,513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced a decline.
Price for Poly(Lactic Acid); in Primary Forms in Mexico (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $1,728 per ton, falling by -62.5% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. The export price peaked at $11,860 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,265 per ton), while the average price for exports to Malaysia totaled $704 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+61.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Poly(Lactic Acid); in Primary Forms in Mexico
In 2022, purchases abroad of poly(lactic acid); in primary formses decreased by -15.3% to 463 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of 910 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, poly(lactic acid); in primary forms imports shrank to $1.8M in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Poly(Lactic Acid); in Primary Forms in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 294 | 1,165 | 159 | 779 | 38.4% |
| United States | 1,074 | 1,685 | 1,117 | 773 | -10.4% |
| China | 115 | 107 | 101 | 232 | 26.4% |
| Others | 52.0 | 97.5 | 653 | N/A | 254.4% |
| Total | 1,534 | 3,055 | 2,030 | 1,783 | 5.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Mexico in 2022:
- Thailand (208.8 tons)
- United States (188.0 tons)
- China (66.0 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Mexico
In 2022, approx. 9.7 tons of poly(lactic acid); in primary formses were exported from Mexico; with an increase of 1,466% on the year before. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports surged to $17K in 2022. Over the period under review, exports, however, continue to indicate a significant contraction.
| Export of Poly(Lactic Acid); in Primary Forms in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 31.6 | 24.4 | 2.7 | 10.6 | -30.5% |
| Malaysia | 26.8 | 5.5 | 0.1 | 6.1 | -38.9% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 58.4 | 30.6 | 2.8 | 16.7 | -34.1% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Mexico in 2022:
- Malaysia (8.6 tons)
- United States (1.0 tons)
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