Mexico - Acrylonitrile - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylonitrile Price in Mexico - 2023
Contents:
- Acrylonitrile Price in Mexico (CIF) - 2023
- Acrylonitrile Price in Mexico (FOB) - 2022
- Acrylonitrile Imports in Mexico
- Acrylonitrile Exports in Mexico
Acrylonitrile Price in Mexico (CIF) - 2023
The average acrylonitrile import price stood at $1,463 per ton in May 2023, falling by -8% against the previous month. In general, the import price showed a pronounced downturn. As a result, import price attained the peak level of $2,282 per ton. From June 2022 to May 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From May 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to -3.6% per month.
Acrylonitrile Price in Mexico (FOB) - 2022
In 2022, the average acrylonitrile export price amounted to $1,233 per ton, flattening at the previous year. In general, the export price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2014 an increase of 5.9%. As a result, the export price attained the peak level of $1,839 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($4,714 per ton), while the average price for exports to the Netherlands ($172 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 the United States (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Acrylonitrile Imports in Mexico
After two years of decline, purchases abroad of acrylonitrile increased by 100% to 51K tons in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. 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, acrylonitrile imports surged to $103M in 2022. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% 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.
Import of Acrylonitrile in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 64.1 | 62.6 | 27.5 | 103 | 17.1% |
Brazil | 28.6 | 10.4 | 26.3 | N/A | -4.1% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 92.7 | 73.1 | 53.9 | 103 | 3.6% |
Top Suppliers of Acrylonitrile to Mexico in 2022:
- United States (50.6K tons)
Acrylonitrile Exports in Mexico
In 2022, after three years of growth, there was decline in overseas shipments of acrylonitrile, when their volume decreased by -0.8% to 22K tons. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 1.6%. As a result, the exports attained the peak of 23K tons, leveling off in the following year.
In value terms, acrylonitrile exports amounted to $28M in 2022. In general, exports showed a relatively flat trend pattern.
Export of Acrylonitrile in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 10.1 | 10.6 | 11.2 | 11.7 | 5.0% |
Turkey | 7.6 | 7.3 | 7.0 | 6.7 | -4.1% |
Taiwan (Chinese) | 5.5 | 5.7 | 6.0 | 6.2 | 4.1% |
China | 1.9 | 1.7 | 1.5 | 1.3 | -11.9% |
South Korea | 2.1 | 1.8 | 1.6 | 1.3 | -14.8% |
Netherlands | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 27.6 | 27.6 | 27.6 | 27.6 | 0.0% |
Top Export Markets for Acrylonitrile from Mexico in 2022:
- Turkey (9.3K tons)
- India (7.6K tons)
- South Korea (1.8K tons)
- Netherlands (1.4K tons)
- Taiwan (Chinese) (1.3K tons)
- China (1.0K tons)
This report provides an in-depth analysis of the acrylonitrile 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 20144350 - Acrylonitrile
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
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Imports of Acrylonitrile reached their highest point and are expected to keep growing in the near future. In terms of value, Acrylonitrile imports soared to $10M in August 2023.
The U.S. represented the major exporter of acrylonitrile exported in the world.
Imports of Acrylonitrile reached their highest point and are expected to keep growing in the near future. In terms of value, Acrylonitrile imports soared to $10M in August 2023.
The U.S. represented the major exporter of acrylonitrile exported in the world.