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Mexico - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Mexico - 2023
Contents:
- Isocyanates Price in Mexico (CIF) - 2023
- Isocyanates Price in Mexico (FOB) - 2022
- Isocyanates Imports in Mexico
- Isocyanates Exports in Mexico
Isocyanates Price in Mexico (CIF) - 2023
The average isocyanates import price stood at $2,839 per ton in April 2023, waning by -28.3% against the previous month. In general, the import price saw a slight setback. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 76% month-to-month. The import price peaked at $7,560 per ton in October 2022; however, from November 2022 to April 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Japan ($4,574 per ton), while the price for the United States ($2,683 per ton) was amongst the lowest.
From June 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the prices for the other major suppliers experienced a decline.
Isocyanates Price in Mexico (FOB) - 2022
In 2022, the average isocyanates export price amounted to $11,732 per ton, increasing by 195% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 +9.9% per year.
Isocyanates Imports in Mexico
In 2022, purchases abroad of isocyanates decreased by -76.6% to 6K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 38K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, isocyanates imports fell sharply to $26M in 2022. In general, imports recorded a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 5.4%.
Import of Isocyanates in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | N/A | 10.5 | 8.3 | -21.0% |
United States | 63.5 | 56.8 | 46.3 | 7.5 | -50.9% |
China | 4.8 | 13.8 | 15.4 | 6.6 | 11.2% |
South Korea | N/A | 1.6 | 2.2 | 3.8 | 54.1% |
Others | 2.0 | 1.8 | 0.2 | 0.2 | -53.6% |
Total | 70.3 | 74.1 | 74.6 | 26.3 | -27.9% |
Top Suppliers of Isocyanates to Mexico in 2022:
- United States (2.5K tons)
- China (1.5K tons)
- South Korea (1.3K tons)
- Japan (0.7K tons)
Isocyanates Exports in Mexico
In 2022, the amount of isocyanates exported from Mexico dropped rapidly to 1.4 tons, declining by -99.8% on the previous year's figure. Overall, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year.
In value terms, isocyanates exports contracted rapidly to $17K in 2022. In general, exports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 95%.
Export of Isocyanates in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 294 | 172 | 281 | 16.7 | -61.6% |
Dominican Republic | 2,164 | N/A | 1.8 | N/A | -97.1% |
Guatemala | 784 | 903 | 1,854 | N/A | 53.8% |
Trinidad and Tobago | 116 | 55.6 | 27.1 | N/A | -51.7% |
El Salvador | 179 | 178 | 169 | N/A | -2.8% |
Others | 269 | 283 | 771 | N/A | 69.3% |
Total | 3,807 | 1,592 | 3,104 | 16.7 | -83.6% |
Top Export Markets for Isocyanates from Mexico in 2022:
- United States (1.4 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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
-
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
This report provides an in-depth analysis of the isocyanates market in Mexico.
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Mexico.
This report provides an in-depth analysis of the global isocyanates market.
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
This report provides an in-depth analysis of the isocyanates market in Mexico.
This report provides an in-depth analysis of the market for compounds with other nitrogen function in Mexico.
This report provides an in-depth analysis of the global isocyanates market.
This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
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From May 2023 to June 2023, the import of Isocyanates experienced a significant decline, with imports reducing sharply to $3.6M in June 2023.
Explore the top import markets for isocyanates based on the import value data provided by the IndexBox market intelligence platform. Discover the key countries and their market statistics.
In value terms, nitrile-function compounds imports totaled $X in 2016. Overall, nitrile-function compounds imports continue to indicate a significant descent. Global nitrile-function compounds impo...
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