Mexico: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Mexico

The Mexican organo-sulphur compound market expanded modestly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Organo-Sulphur Compound Production in Mexico

In value terms, organo-sulphur compound production contracted to $X in 2022 estimated in export price. In general, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Organo-sulphur compound production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Organo-Sulphur Compound Exports

Exports from Mexico

In 2022, shipments abroad of organo-sulphur compounds decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, organo-sulphur compound exports contracted markedly to $X in 2022. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for organo-sulphur compound exports from Mexico, with a X% share of total exports. It was followed by Brazil (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for organo-sulphur compounds exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Brazil ($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%.

Export Prices by Country

The average organo-sulphur compound export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export 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 Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%), while the prices for the other major destinations experienced mixed trend patterns.

Organo-Sulphur Compound Imports

Imports into Mexico

In 2022, organo-sulphur compound imports into Mexico was estimated at X tons, picking up by X% compared with the previous year's figure. In general, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, organo-sulphur compound imports skyrocketed to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of organo-sulphur compound imports to Mexico, together comprising X% of total imports. Germany, Spain, India and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compound suppliers to Mexico were China ($X), the United States ($X) and Japan ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average organo-sulphur compound import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price 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, organo-sulphur compound import price increased by X% against 2020 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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