Mexico - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Mexico - 2023
Contents:
- Sodium Triphosphate Price in Mexico (CIF) - 2023
- Sodium Triphosphate Price in Mexico (FOB) - 2022
- Sodium Triphosphate Imports in Mexico
- Sodium Triphosphate Exports in Mexico
Sodium Triphosphate Price in Mexico (CIF) - 2023
In August 2023, the average sodium triphosphate import price amounted to $1,631 per ton, which is down by -9.1% against the previous month. Overall, the import price saw a noticeable setback. The growth pace was the most rapid in December 2022 an increase of 47% m-o-m. As a result, import price reached the peak level of $2,535 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,429 per ton), while the price for China totaled $1,458 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), while the prices for the other major suppliers experienced a decline.
Sodium Triphosphate Price in Mexico (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $1,546 per ton, reducing by -10.5% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium triphosphate export price increased by +43.3% against 2014 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 14%. As a result, the export price attained the peak level of $1,728 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,953 per ton), while the average price for exports to Colombia ($963 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 the United States (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Triphosphate Imports in Mexico
In 2022, after two years of decline, there was significant growth in purchases abroad of sodium triphosphate (sodium tripolyphosphates), when their volume increased by 101% to 9.1K tons. In general, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sodium triphosphate imports surged to $21M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 3.3 | 3.1 | 15.9 | 76.3% |
| Belgium | 2.2 | 2.2 | 0.7 | 3.0 | 10.9% |
| United States | 1.1 | 1.1 | 1.2 | 1.7 | 15.6% |
| Netherlands | 0.3 | 0.3 | 0.3 | N/A | 0.0% |
| Canada | 0.4 | 0.4 | 0.4 | N/A | 0.0% |
| Others | 2.2 | 2.3 | 1.8 | N/A | -9.5% |
| Total | 9.0 | 9.5 | 7.4 | 20.6 | 31.8% |
Top Suppliers of Sodium Triphosphate to Mexico in 2022:
- China (7.6K tons)
- Belgium (1.1K tons)
- United States (0.4K tons)
Sodium Triphosphate Exports in Mexico
In 2022, exports of sodium triphosphate (sodium tripolyphosphates) from Mexico soared to 520 tons, growing by 206% compared with 2021 figures. Over the period under review, exports, however, showed a abrupt downturn.
In value terms, sodium triphosphate exports skyrocketed to $804K in 2022. In general, exports, however, saw a deep setback.
| Export of Sodium Triphosphate in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 325 | 485 | 155 | 374 | 4.8% |
| United States | 173 | 236 | 12.3 | 225 | 9.2% |
| Colombia | 104 | 119 | 29.3 | 54.3 | -19.5% |
| Guatemala | 85.7 | 96.7 | 23.4 | 42.6 | -20.8% |
| Brazil | 60.7 | 94.3 | 23.9 | 36.2 | -15.8% |
| Canada | 11.2 | 7.5 | 10.1 | 21.7 | 24.7% |
| Peru | 375 | 223 | 28.3 | 13.0 | -67.4% |
| Others | 59.3 | 53.3 | 11.1 | 37.8 | -13.9% |
| Total | 1,194 | 1,314 | 293 | 804 | -12.4% |
Top Export Markets for Sodium Triphosphate from Mexico in 2022:
- Venezuela (304.2 tons)
- United States (76.1 tons)
- Colombia (56.3 tons)
- Guatemala (21.8 tons)
- Brazil (15.9 tons)
- Canada (12.9 tons)
- Peru (10.6 tons)
This report provides an in-depth analysis of the sodium triphosphate market 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)
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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In January 2023, the sodium triphosphate price stood at $2,339 per ton (CIF, Mexico), waning by -7.7% against the previous month.
221
In June 2023, the price of Sodium Phosphates was $4,207 per ton (CIF, Mexico), declining by -8.9% compared to the previous month.
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1239
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
335
In January 2023, the sodium triphosphate price stood at $2,339 per ton (CIF, Mexico), waning by -7.7% against the previous month.
221
In June 2023, the price of Sodium Phosphates was $4,207 per ton (CIF, Mexico), declining by -8.9% compared to the previous month.
809
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1239
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
