Mexico - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyurethanes Price in Mexico - 2023
Contents:
- Polyurethanes Price in Mexico (CIF) - 2023
- Polyurethanes Price in Mexico (FOB) - 2023
- Polyurethanes Imports in Mexico
- Polyurethanes Exports in Mexico
Polyurethanes Price in Mexico (CIF) - 2023
The average polyurethanes import price stood at $4,918 per ton in June 2023, falling by -4.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 11% against the previous month. As a result, import price reached the peak level of $5,160 per ton, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,896 per ton), while the price for South Korea ($2,888 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Polyurethanes Price in Mexico (FOB) - 2023
In June 2023, the average polyurethanes export price amounted to $4,821 per ton, approximately mirroring the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 72% m-o-m. As a result, the export price reached the peak level of $8,637 per ton. From February 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Honduras ($8,584 per ton), while the average price for exports to Peru ($3,755 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Polyurethanes Imports in Mexico
In 2022, the amount of polyurethanes in primary forms imported into Mexico reduced slightly to 68K tons, waning by -3.5% on 2021. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 71K tons, and then dropped modestly in the following year.
In value terms, polyurethanes imports rose rapidly to $308M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Polyurethanes in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 167 | 133 | 149 | 158 | -1.8% |
China | 17.3 | 18.2 | 52.4 | 69.1 | 58.7% |
Germany | 26.5 | 22.4 | 29.0 | 36.1 | 10.9% |
Italy | 11.6 | 10.8 | 12.9 | 16.1 | 11.5% |
South Korea | 5.0 | 5.2 | 13.8 | 8.8 | 20.7% |
Brazil | 2.9 | 3.5 | 6.4 | 5.2 | 21.5% |
Others | 17.7 | 13.6 | 15.3 | 14.1 | -7.3% |
Total | 248 | 206 | 278 | 308 | 7.5% |
Top Suppliers of Polyurethanes to Mexico in 2022:
- United States (30.9K tons)
- China (20.1K tons)
- Germany (6.7K tons)
- South Korea (3.6K tons)
- Italy (3.3K tons)
- Brazil (1.1K tons)
Polyurethanes Exports in Mexico
Polyurethanes exports from Mexico rose sharply to 6.9K tons in 2022, surging by 13% compared with 2021. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years.
In value terms, polyurethanes exports soared to $33M in 2022. The total export value increased at an average annual rate of +12.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Polyurethanes in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.7 | 15.1 | 20.0 | 24.4 | 15.8% |
Guatemala | 1.0 | 1.2 | 1.1 | 3.3 | 48.9% |
Colombia | 2.1 | 2.2 | 2.2 | 2.9 | 11.4% |
El Salvador | 1.5 | 1.1 | 0.7 | 0.6 | -26.3% |
China | 1.0 | 1.1 | 0.6 | 0.5 | -20.6% |
Peru | 0.5 | N/A | 0.7 | 0.4 | -7.2% |
Argentina | N/A | 2.2 | N/A | N/A | 0% |
Others | 1.8 | 2.4 | 1.3 | 1.1 | -15.1% |
Total | 23.6 | 25.2 | 26.7 | 33.3 | 12.2% |
Top Export Markets for Polyurethanes from Mexico in 2022:
- United States (4826.6 tons)
- Colombia (843.2 tons)
- Guatemala (697.3 tons)
- El Salvador (144.5 tons)
- Peru (105.2 tons)
- China (90.6 tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms
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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