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Mexico - Ethers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico's Ether Imports Jump 46% to Hit $1.8 Billion in 2023
Mexico Ether Imports
In 2023, purchases abroad of ethers increased by 36% to 666K tons, rising for the third year in a row after two years of decline. In general, imports showed a measured increase. The most prominent rate of growth was recorded in 2022 with an increase of 62% against the previous year. Imports peaked in 2023 and are likely to continue growth in years to come.
In value terms, ether imports skyrocketed to $1.8B (IndexBox estimates) in 2023. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in 2022 when imports increased by 74%. Imports peaked in 2023 and are likely to see gradual growth in years to come.
COUNTRY | Import Value of Ether in Mexico (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
United States | 621 | 509 | 386 | 341 | 376 | 576 | 417 | 321 | 623 | 1,137 | 1,610 |
China | 11.1 | 12.9 | 30.2 | 16.6 | 19.3 | 18.8 | 20.2 | 20.2 | 19.2 | 29.2 | 119 |
Netherlands | 3.2 | 48.7 | 37.4 | 4.3 | 100 | 36.9 | 1.0 | 23.9 | 47.9 | 0.5 | 87.7 |
Spain | 1.2 | 0.8 | 10.9 | 0.9 | 0.3 | 0.6 | 0.6 | 56.3 | 0.6 | 69.3 | 0.8 |
Others | 24.8 | 58.2 | 49.4 | 27.5 | 108 | 27.1 | 23.6 | 21.5 | 36.3 | 27.2 | 24.3 |
Total | 661 | 630 | 514 | 390 | 604 | 659 | 463 | 443 | 727 | 1,263 | 1,842 |
Imports by Country
In 2023, the United States (546K tons) constituted the largest supplier of ether to Mexico, with a 82% share of total imports. Moreover, ether imports from the United States exceeded the figures recorded by the second-largest supplier, China (96K tons), sixfold. the Netherlands (17K tons) ranked third in terms of total imports with a 2.5% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+42.3% per year) and the Netherlands (+31.7% per year).
In value terms, the United States ($1.6B) constituted the largest supplier of ethers to Mexico, comprising 87% of total imports. The second position in the ranking was held by China ($119M), with a 6.4% share of total imports. It was followed by the Netherlands, with a 4.8% share.
From 2013 to 2023, the average annual growth rate of value from the United States totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.8% per year) and the Netherlands (+39.2% per year).
Import Prices by Country
In 2023, the ether price stood at $2,765 per ton (CIF, Mexico), with an increase of 7.5% against the previous year. Over the period under review, import price indicated buoyant growth from 2013 to 2023: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, ether import price increased by +114.6% against 2013 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 11%. The import price peaked in 2023 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,261 per ton), while the price for Belgium ($526 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the ether market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20146310 - Acyclic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
- Prodcom 20146323 - Cyclanic, cyclenic or cycloterpenic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
- Prodcom 20146325 - Aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives
- Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
- Prodcom 20146339 - Ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-Oxydiethanol)
- Prodcom 20146350 - Ether-phenols, ether-alcohol-phenols and their halogenated, s ulphonated, nitrated or nitrosated derivatives
- Prodcom 20146360 - Alcohol, ether and ketone peroxides and their halogenated, s ulphonated, nitrated or nitrosated derivatives
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023