Mexico - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Polypropylene in Primary Forms in Mexico - 2023
Contents:
- Price for Polypropylene in Primary Forms in Mexico (CIF) - 2023
- Price for Polypropylene in Primary Forms in Mexico (FOB) - 2023
- Imports of Polypropylene in Primary Forms in Mexico
- Exports of Polypropylene in Primary Forms in Mexico
Price for Polypropylene in Primary Forms in Mexico (CIF) - 2023
In August 2023, the average polypropylene in primary forms import price amounted to $1,441 per ton, reducing by -4.2% against the previous month. Over the period under review, the import price recorded a pronounced descent. The growth pace was the most rapid in February 2023 when the average import price increased by 13% m-o-m. The import price peaked at $2,048 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($1,428 per ton), while the price for Colombia ($1,241 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Polypropylene in Primary Forms in Mexico (FOB) - 2023
In August 2023, the average polypropylene in primary forms export price amounted to $1,641 per ton, picking up by 45% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,858 per ton in September 2022; however, from October 2022 to August 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In August 2023, the country with the highest price was the United States ($1,665 per ton), while the average price for exports to China stood at $1,124 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polypropylene in Primary Forms in Mexico
In 2022, imports of polypropylene in primary forms into Mexico was estimated at 630K tons, growing by 3.3% on 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, polypropylene in primary forms imports shrank to $1.3B in 2022. In general, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports attained the peak of $1.4B, and then dropped in the following year.
| Import of Polypropylene in Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 682 | 637 | 1,075 | 982 | 12.9% |
| South Korea | 39.9 | 27.9 | 77.6 | 76.4 | 24.2% |
| China | 5.8 | 4.5 | 46.4 | 68.9 | 128.2% |
| Colombia | 24.1 | 15.0 | 52.9 | 53.0 | 30.0% |
| Taiwan (Chinese) | 3.2 | 1.8 | 24.5 | 19.8 | 83.6% |
| Saudi Arabia | 23.5 | 8.2 | 3.5 | 14.4 | -15.1% |
| Others | 76.2 | 52.1 | 119 | 99.7 | 9.4% |
| Total | 854 | 746 | 1,400 | 1,315 | 15.5% |
Top Suppliers of Polypropylene in Primary Forms to Mexico in 2022:
- United States (455.8K tons)
- South Korea (41.9K tons)
- China (40.3K tons)
- Colombia (29.2K tons)
- Taiwan (Chinese) (11.3K tons)
- Saudi Arabia (8.0K tons)
Exports of Polypropylene in Primary Forms in Mexico
In 2022, shipments abroad of polypropylene in primary forms decreased by -28.5% to 24K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 161% against the previous year.
In value terms, polypropylene in primary forms exports shrank notably to $39M in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year.
| Export of Polypropylene in Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.7 | 15.2 | 47.5 | 35.8 | 54.5% |
| Brazil | 0.6 | 6.4 | 3.5 | 1.5 | 35.7% |
| China | 0.4 | 0.8 | 1.3 | 0.7 | 20.5% |
| Guatemala | 1.4 | 6.7 | 0.4 | N/A | -46.5% |
| El Salvador | 0.6 | 2.2 | 0.3 | N/A | -29.3% |
| Myanmar | 3.0 | N/A | N/A | N/A | 0% |
| Italy | N/A | 2.3 | N/A | N/A | 0% |
| Others | 1.0 | 2.5 | 0.5 | 0.7 | -11.2% |
| Total | 16.6 | 36.1 | 53.5 | 38.8 | 32.7% |
Top Export Markets for Polypropylene in Primary Forms from Mexico in 2022:
- United States (22.8K tons)
- Brazil (0.7K tons)
- China (0.7K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
499
This report provides an in-depth analysis of the market for polypropylene in primary forms in Mexico.
58
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Mexico.
919
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
32
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
499
This report provides an in-depth analysis of the market for polypropylene in primary forms in Mexico.
58
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Mexico.
919
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
32
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
251
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.
651
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
97
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
251
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.
651
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
97
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
