Mexico: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Mexico

The Mexican halogenated hydrocarbon derivative market was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed resilient growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Production in Mexico

In value terms, halogenated hydrocarbon derivative production expanded to $X in 2022 estimated in export price. Overall, production posted a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Halogenated Hydrocarbon Derivative Exports

Exports from Mexico

In 2022, overseas shipments of halogenated derivatives of hydrocarbons increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for halogenated hydrocarbon derivative exports from Mexico, with a X% share of total exports. Moreover, halogenated hydrocarbon derivative exports to the United States exceeded the volume sent to the second major destination, Colombia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Guatemala (X% per year).

In value terms, the United States ($X) remains the key foreign market for halogenated derivatives of hydrocarbons exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Guatemala (X% per year).

Export Prices by Country

The average halogenated hydrocarbon derivative export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Colombia ($X 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 (X%), while the prices for the other major destinations experienced a decline.

Halogenated Hydrocarbon Derivative Imports

Imports into Mexico

In 2022, imports of halogenated derivatives of hydrocarbons into Mexico soared to X tons, increasing by X% compared with 2021 figures. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, halogenated hydrocarbon derivative imports surged to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Mexico, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of halogenated derivatives of hydrocarbons to Mexico, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average halogenated hydrocarbon derivative import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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