Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico - 2023

Contents:

1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico (CIF) - 2023
2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico (FOB) - 2022
3. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico
4. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico (CIF) - 2023

In July 2023, the average import price for vinyl chloride polymers; waste, parings and scraps amounted to $180 per ton, which is down by -3.2% against the previous month. Overall, the import price, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in June 2023 an increase of 9.5% m-o-m. As a result, import price reached the peak level of $186 per ton, and then reduced slightly in the following month.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From November 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to +2.7% per month.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico (FOB) - 2022

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $304 per ton, falling by -17.2% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs at $576 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.6% per year.

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico

In 2022, the amount of vinyl chloride polymers; waste, parings and scraps imported into Mexico fell to 19K tons, waning by -8.1% against the year before. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 246% against the previous year. As a result, imports reached the peak of 21K tons, and then contracted in the following year.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps expanded markedly to $4.8M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +99.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Mexico in 2022:

1. United States (18.9K tons)

Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Mexico

In 2022, shipments abroad of vinyl chloride polymers; waste, parings and scraps decreased by -25% to 2.3K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 8%. As a result, the exports reached the peak of 3.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps dropped markedly to $700K in 2022. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Mexico in 2022:

1. United States (2.3K tons)

Source: IndexBox Market Intelligence Platform