Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Mexico - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Mexico (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Mexico
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Mexico (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $1,158 per ton, picking up by 2.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the peak figure at $1,753 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,225 per ton), while the price for Spain ($683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.1%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Mexico
In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses was finally on the rise to reach 1K tons after two years of decline. Overall, imports, however, recorded a sharp reduction.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses skyrocketed to $1.2M in 2022. Over the period under review, imports, however, showed a precipitous contraction.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 2.4 | 0.3 | 0.6 | 81.7% |
| South Korea | 0.2 | 0.3 | N/A | 0.3 | 14.5% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| China | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Portugal | 57.9 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 58.2 | 2.7 | 0.5 | 1.2 | -72.6% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Mexico in 2022:
- United States (514.3 tons)
- South Korea (286.0 tons)
- China (103.0 tons)
- India (96.0 tons)
- Spain (27.5 tons)
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