Mexico - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBentonite Price in Mexico - 2023
Contents:
- Bentonite Price in Mexico (CIF) - 2023
- Bentonite Price in Mexico (FOB) - 2022
- Bentonite Imports in Mexico
- Bentonite Exports in Mexico
Bentonite Price in Mexico (CIF) - 2023
The average bentonite import price stood at $265 per ton in June 2023, picking up by 8.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in July 2022 when the average import price increased by 30% month-to-month. Over the period under review, average import prices attained the peak figure at $355 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +1.0% per month.
Bentonite Price in Mexico (FOB) - 2022
The average bentonite export price stood at $231 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 63%. The export price peaked at $857 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($342 per ton), while the average price for exports to Nicaragua ($190 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 Thailand (+40.0%), while the prices for the other major destinations experienced a decline.
Bentonite Imports in Mexico
In 2022, after three years of growth, there was significant decline in overseas purchases of bentonite, when their volume decreased by -51.7% to 50K tons. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of 104K tons, and then declined rapidly in the following year.
In value terms, bentonite imports declined remarkably to $14M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +7.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 63%. As a result, imports reached the peak of $21M, and then fell significantly in the following year.
Import of Bentonite in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 12.3 | 12.4 | 20.9 | 13.2 | 2.4% |
Others | 0.4 | 0.5 | 0.1 | 0.4 | 0.0% |
Total | 12.7 | 12.9 | 21.0 | 13.6 | 2.3% |
Top Suppliers of Bentonite to Mexico in 2022:
- United States (49.8K tons)
Bentonite Exports in Mexico
For the fourth year in a row, Mexico recorded growth in overseas shipments of bentonite, which increased by 57% to 98K tons in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 152% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, bentonite exports soared to $23M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 107%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Bentonite in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.3 | 3.9 | 8.0 | 14.0 | 48.2% |
Guatemala | 0.2 | 0.2 | 0.6 | 3.3 | 154.6% |
El Salvador | 0.1 | 0.1 | 0.5 | 3.0 | 210.7% |
Nicaragua | 0.1 | 0.1 | 0.3 | 0.6 | 81.7% |
France | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
Colombia | 0.4 | 0.4 | 1.7 | N/A | 106.2% |
Costa Rica | 0.1 | 0.3 | 0.8 | N/A | 182.8% |
Honduras | 0.3 | 0.5 | 1.0 | N/A | 82.6% |
Others | 1.0 | 1.4 | 1.3 | 1.3 | 9.1% |
Total | 6.7 | 7.0 | 14.5 | 22.8 | 50.4% |
Top Export Markets for Bentonite from Mexico in 2022:
- United States (65.6K tons)
- Guatemala (15.0K tons)
- El Salvador (10.1K tons)
- Nicaragua (3.1K tons)
- France (1.7K tons)
This report provides an in-depth analysis of the bentonite 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 08122210 - Bentonite
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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