Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico (CIF) - 2022
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,582 per ton in 2022, which is down by -1.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 26%. The import price peaked at $1,613 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,041 per ton), while the price for Japan ($820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico (FOB) - 2022
The average export price for polymers of propylene or of other olefins, in primary formses stood at $17,413 per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 437%. The export price peaked at $20,426 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($57,654 per ton), while the average price for exports to the United States ($15,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico
Imports of polymers of propylene or of other olefins, in primary formses into Mexico contracted slightly to 1.5M tons in 2022, therefore, remained relatively stable against the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 +80.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year. As a result, imports attained the peak of 1.5M tons, leveling off in the following year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted to $2.4B in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +78.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 82%. As a result, imports reached the peak of $2.4B, and then reduced in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,283 | 1,096 | 1,809 | 1,730 | 10.5% |
| South Korea | 72.2 | 64.1 | 136 | 157 | 29.6% |
| Colombia | 43.1 | 26.8 | 89.2 | 81.2 | 23.5% |
| China | 8.8 | 5.6 | 54.7 | 78.3 | 107.2% |
| Belgium | 28.0 | 19.4 | 30.9 | 43.9 | 16.2% |
| Saudi Arabia | 27.4 | 8.8 | 31.6 | 37.1 | 10.6% |
| Thailand | 13.4 | 11.1 | 18.7 | 32.6 | 34.5% |
| Japan | 15.9 | 13.5 | 16.8 | 19.1 | 6.3% |
| Others | 103 | 92.0 | 243 | 205 | 25.8% |
| Total | 1,594 | 1,337 | 2,430 | 2,384 | 14.4% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Mexico in 2022:
- United States (1083.6K tons)
- South Korea (76.7K tons)
- China (51.4K tons)
- Colombia (43.2K tons)
- Belgium (38.6K tons)
- Saudi Arabia (35.0K tons)
- Thailand (31.8K tons)
- Japan (23.2K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico
After three years of growth, shipments abroad of polymers of propylene or of other olefins, in primary formses decreased by -42.4% to 3.8K tons in 2022. Overall, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 83% against the previous year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses reduced rapidly to $66M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.8 | 26.4 | 74.0 | 52.4 | 25.0% |
| Brazil | 2.2 | 9.0 | 9.8 | 5.9 | 38.9% |
| China | 3.5 | 6.7 | 4.1 | 2.4 | -11.8% |
| Colombia | 0.6 | 1.1 | 0.9 | 1.9 | 46.8% |
| Guatemala | 3.7 | 9.3 | 5.0 | 1.7 | -22.8% |
| Others | 13.8 | 18.7 | 3.6 | 1.9 | -48.4% |
| Total | 50.6 | 71.2 | 97.5 | 66.2 | 9.4% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Mexico in 2022:
- United States (3378.3 tons)
- Brazil (102.9 tons)
- Colombia (100.1 tons)
- China (96.1 tons)
- Guatemala (61.8 tons)
511
This report provides an in-depth analysis of the market for polypropylene in primary forms in Mexico.
62
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Mexico.
928
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
39
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
511
This report provides an in-depth analysis of the market for polypropylene in primary forms in Mexico.
62
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Mexico.
928
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
39
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
264
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
666
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
113
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
264
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
666
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
113
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
