Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico - 2023

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico (CIF) - 2023
  2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico (FOB) - 2022
  3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico
  4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico (CIF) - 2023

In October 2023, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,289 per ton, rising by 23% against the previous month. Overall, the import price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 105% against the previous month. Over the period under review, average import prices hit record highs at $3,349 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($3,335 per ton), while the price for Germany ($1,929 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Canada (+4.2%), while the prices for the other major suppliers experienced a decline.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico (FOB) - 2022

The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,609 per ton in 2022, increasing by 61% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Venezuela amounted to +14.8% per year.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico

In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s imported into Mexico surged to 22K tons, jumping by 35% against the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +72.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $42M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.514.717.429.521.4%
China1.92.13.37.658.7%
Germany3.03.23.64.514.5%
Others1.21.10.20.2-45.0%
Total22.621.124.541.822.8%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Mexico in 2022:

  1. United States (17.9K tons)
  2. China (2.8K tons)
  3. Germany (1.5K tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico

In 2022, overseas shipments of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s increased by 49% to 3.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a mild slump.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s soared to $8.3M in 2022. Over the period under review, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.04.63.38.211.0%
Others0.20.10.10.1-20.6%
Total6.24.73.48.310.2%

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Mexico in 2022:

  1. United States (3.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate)) - Mexico