Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico (CIF) - 2022
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico (CIF) - 2022

In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $15,975 per ton, growing by 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($24,950 per ton), while the price for Brazil ($520 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico (FOB) - 2022

In 2022, the average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $12,426 per ton, declining by -4.1% against the previous year. Over the period under review, the export price saw a abrupt descent. The export price peaked at $31,007 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($59,899 per ton), while the average price for exports to the United States ($10,552 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 Colombia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico

Imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Mexico surged to 5.1K tons in 2022, jumping by 53% against 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $81M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.1% 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.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.935.824.150.321.7%
United States6.87.710.312.020.8%
India4.74.84.96.511.4%
Germany2.93.73.83.89.4%
France2.42.32.41.6-12.6%
Netherlands1.32.31.31.30.0%
Brazil0.20.20.10.20.0%
Others4.43.73.55.79.0%
Total50.760.350.481.317.0%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Mexico in 2022:

  1. China (2014.5 tons)
  2. United States (744.9 tons)
  3. India (550.0 tons)
  4. Netherlands (514.1 tons)
  5. Germany (431.7 tons)
  6. Brazil (383.2 tons)
  7. France (350.5 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico

In 2022, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Mexico soared to 203 tons, rising by 26% compared with 2021 figures. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $2.5M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6901,2721,7852,04143.5%
Colombia11513817032541.4%
Brazil27530368.618.3-59.5%
Argentina17969.4N/A7.3-65.6%
China158N/AN/AN/A0%
Others18977.953.7125-12.9%
Total1,6081,8612,0772,51716.1%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Mexico in 2022:

  1. United States (193.4 tons)
  2. Colombia (6.6 tons)
  3. Brazil (0.3 tons)
  4. Argentina (0.3 tons)

Source: IndexBox Market Intelligence Platform

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