Mexico - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Mexico - 2023
Contents:
- Price for Polystyrene in Primary Forms in Mexico (CIF) - 2023
- Price for Polystyrene in Primary Forms in Mexico (FOB) - 2023
- Imports of Polystyrene in Primary Forms in Mexico
- Exports of Polystyrene in Primary Forms in Mexico
Price for Polystyrene in Primary Forms in Mexico (CIF) - 2023
In June 2023, the average polystyrene in primary forms import price amounted to $1,636 per ton, which is down by -4.7% against the previous month. Overall, the import price recorded a noticeable setback. The pace of growth was the most pronounced in August 2022 an increase of 7.2% month-to-month. As a result, import price reached the peak level of $2,309 per ton. From September 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were the United States ($1,768 per ton) and South Korea ($1,560 per ton), while the price for China ($1,203 per ton) and Taiwan (Chinese) ($1,394 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Polystyrene in Primary Forms in Mexico (FOB) - 2023
The average polystyrene in primary forms export price stood at $1,429 per ton in June 2023, shrinking by -2.8% against the previous month. Over the period under review, the export price saw a noticeable reduction. The pace of growth was the most pronounced in July 2022 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the maximum at $2,475 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -3.5% per month.
Imports of Polystyrene in Primary Forms in Mexico
In 2022, imports of polystyrene in primary forms (excluding expansible polystyrene) into Mexico was estimated at 105K tons, picking up by 2.5% against 2021 figures. In general, imports, however, recorded a pronounced downturn.
In value terms, polystyrene in primary forms imports skyrocketed to $214M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +83.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Polystyrene in Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 109 | 83.6 | 138 | 157 | 12.9% |
| South Korea | 33.3 | 25.5 | 41.1 | 42.9 | 8.8% |
| China | 1.5 | 0.9 | 0.3 | 8.1 | 75.4% |
| Taiwan (Chinese) | 4.1 | 2.8 | 0.9 | 5.2 | 8.2% |
| Others | 6.3 | 3.3 | 2.1 | 0.7 | -51.9% |
| Total | 154 | 116 | 182 | 214 | 11.6% |
Top Suppliers of Polystyrene in Primary Forms to Mexico in 2022:
- United States (72.8K tons)
- South Korea (23.1K tons)
- China (5.9K tons)
- Taiwan (Chinese) (2.8K tons)
Exports of Polystyrene in Primary Forms in Mexico
Polystyrene in primary forms exports from Mexico surged to 60K tons in 2022, growing by 32% against 2021 figures. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, polystyrene in primary forms exports surged to $114M in 2022. Overall, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polystyrene in Primary Forms in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 56.0 | 57.8 | 71.9 | 112 | 26.0% |
| Guatemala | 2.5 | 2.2 | 0.6 | N/A | -51.0% |
| Canada | 10.6 | N/A | N/A | N/A | 0% |
| Others | 2.8 | 1.6 | 0.5 | 1.6 | -17.0% |
| Total | 71.9 | 61.6 | 73.0 | 114 | 16.6% |
Top Export Markets for Polystyrene in Primary Forms from Mexico in 2022:
- United States (59.0K tons)
This report provides an in-depth analysis of the market for polystyrene 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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