Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Mexico - 2023

Contents:

  1. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico (CIF) - 2023
  2. Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico (FOB) - 2022
  3. Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico
  4. Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico (CIF) - 2023

In August 2023, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $4,562 per ton, waning by -19% against the previous month. Over the period under review, the import price saw a dramatic shrinkage. As a result, import price reached the peak level of $82,238 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to August 2023, the rate of growth in terms of prices for China amounted to -19.8% per month.

Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico (FOB) - 2022

In 2022, the average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $1,567 per ton, picking up by 5.6% against the previous year. Overall, the export price, however, showed a noticeable downturn. Over the period under review, the average export prices hit record highs at $2,429 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 the United States amounted to +2.0% per year.

Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico

In 2022, approx. 268 tons of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were imported into Mexico; dropping by -8.4% compared with 2021. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 4.3% against the previous year.

In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves rose slightly to $5.9M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.

Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.12.31.42.7-13.0%
China1.62.24.02.719.1%
United States0.30.40.30.626.0%
Germany0.1N/A0.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total6.14.95.85.9-1.1%

Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Mexico in 2022:

  1. China (115.3 tons)
  2. United States (107.1 tons)
  3. India (45.6 tons)
  4. Germany (0.3 tons)

Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico

In 2022, the amount of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves exported from Mexico skyrocketed to 3.6K tons, growing by 319% compared with the previous year. Overall, exports, however, faced a abrupt shrinkage.

In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves skyrocketed to $5.6M in 2022. In general, exports, however, continue to indicate a abrupt slump.

Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.410.01.35.6-15.9%
OthersN/AN/AN/AN/A0%
Total9.410.01.35.6-15.9%

Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Mexico in 2022:

  1. United States (3.6K tons)

Source: IndexBox Market Intelligence Platform

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