Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico (FOB) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico (CIF) - 2023
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $3,098 per ton in 2022, increasing by 14% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 22%. As a result, the export price attained the peak level of $3,628 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($3,527 per ton), while the average price for exports to Guatemala ($1,750 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 Spain (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico (CIF) - 2023
In August 2023, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,425 per ton, shrinking by -61% against the previous month. Over the period under review, the import price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in May 2023 when the average import price increased by 78% against the previous month. As a result, import price attained the peak level of $6,329 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,472 per ton), while the price for India amounted to $1,670 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-2.1%).
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico
In 2022, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses from Mexico soared to 4.6K tons, growing by 172% against 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $14M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.2 | 1.1 | 3.2 | 8.6 | 57.5% |
| Spain | 0.6 | 0.5 | 1.1 | 4.8 | 100.0% |
| Tunisia | N/A | N/A | N/A | 0.4 | 0% |
| Colombia | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 3.0 | 1.8 | 4.6 | 14.2 | 67.9% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Mexico in 2022:
- United States (2820.6 tons)
- Spain (1503.8 tons)
- Tunisia (114.1 tons)
- Colombia (86.0 tons)
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico
For the third year in a row, Mexico recorded decline in supplies from abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, which decreased by -16.5% to 1.2K tons in 2022. In general, imports recorded a sharp downturn.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $5.3M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 2.4 | 3.1 | 4.2 | 20.5% |
| India | 0.6 | 0.4 | 0.7 | 1.0 | 18.6% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| China | 0.1 | 0.1 | 0.4 | N/A | 100.0% |
| Italy | 2.3 | 0.1 | N/A | N/A | -95.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | 3.0 | 4.3 | 5.3 | -0.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Mexico in 2022:
- United States (798.5 tons)
- India (405.7 tons)
- Netherlands (19.7 tons)
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