Mexico - Nitrites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrites Price in Mexico - 2023
Contents:
- Nitrites Price in Mexico (CIF) - 2022
- Nitrites Price in Mexico (FOB) - 2022
- Nitrites Imports in Mexico
- Nitrites Exports in Mexico
Nitrites Price in Mexico (CIF) - 2022
The average nitrites import price stood at $1,971 per ton in 2022, picking up by 60% against the previous year. In general, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $2,124 per ton. From 2019 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.5% per year.
Nitrites Price in Mexico (FOB) - 2022
In 2022, the average nitrites export price amounted to $2,290 per ton, falling by -1.8% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrites export price increased by +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The export price peaked at $2,332 per ton in 2021, and then dropped slightly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($12,118 per ton), while the average price for exports to Panama ($1,290 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 Venezuela (+108.2%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrites Imports in Mexico
Nitrites imports into Mexico fell rapidly to 277 tons in 2022, waning by -34.9% against 2021. Over the period under review, imports saw a significant decrease. The smallest decline of -34.4% was in 2021.
In value terms, nitrites imports amounted to $546K in 2022. In general, imports continue to indicate a dramatic decline.
Import of Nitrites in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 450 | 372 | 306 | 546 | 6.7% |
Belgium | 9.6 | N/A | N/A | N/A | 0% |
Germany | 1,283 | 370 | 13.8 | N/A | -89.6% |
India | 253 | 201 | 183 | N/A | -15.0% |
Others | 21.4 | 81.0 | 20.4 | N/A | -2.4% |
Total | 2,016 | 1,024 | 523 | 546 | -35.3% |
Top Suppliers of Nitrites to Mexico in 2022:
- United States (277.2 tons)
Nitrites Exports in Mexico
After three years of growth, shipments abroad of nitrites decreased by -35.2% to 12 tons in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 446%.
In value terms, nitrites exports contracted significantly to $28K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 614%.
Export of Nitrites in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 0.1 | 0.8 | 19.0 | 11.2 | 382.0% |
Colombia | 0.9 | 4.7 | 11.9 | 8.4 | 110.5% |
Costa Rica | 0.4 | 2.3 | 5.9 | 4.1 | 117.2% |
Ecuador | 0.1 | 1.3 | 5.4 | 3.2 | 217.5% |
Panama | 0.1 | 0.4 | 0.9 | 0.5 | 71.0% |
Others | 0.1 | 2.6 | 1.8 | 1.1 | 122.4% |
Total | 1.7 | 12.2 | 44.8 | 28.5 | 155.9% |
Top Export Markets for Nitrites from Mexico in 2022:
- Colombia (5.6 tons)
- Canada (4.9 tons)
- Ecuador (0.9 tons)
- Panama (0.4 tons)
- Costa Rica (0.3 tons)
This report provides an in-depth analysis of the nitrites 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 20152080 - Nitrites
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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This report provides an in-depth analysis of the nitrites market in Mexico.
This report provides an in-depth analysis of the nitrates market in Mexico.
This report provides an in-depth analysis of the potassium nitrate market in Mexico.
This report provides an in-depth analysis of the global nitrites market.
Nitrites imports peaked at 4.8K tons in 2018, but from 2019 to 2023, they remained at a slightly lower level. In terms of value, imports of Nitrites surged to $985K in 2023.
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
Nitrites imports peaked at 4.8K tons in 2018, but from 2019 to 2023, they remained at a slightly lower level. In terms of value, imports of Nitrites surged to $985K in 2023.
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...