Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,224 per ton, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 China ($6,666 per ton), while the price for the United States ($2,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $5,769 per ton, growing by 27% against the previous year. Over the period under review, the export price saw slight growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 41% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brazil ($6,357 per ton) and Colombia ($6,249 per ton), while the average price for exports to Singapore ($4,845 per ton) and Guatemala ($5,023 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico
In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -9.5% to 8.4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, imports attained the peak of 9.2K tons, and then shrank in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses expanded markedly to $27M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.4 | 9.1 | 16.3 | 15.5 | 14.2% |
| Germany | 2.6 | 2.5 | 4.5 | 7.5 | 42.4% |
| China | 2.2 | 3.9 | 2.2 | 2.3 | 1.5% |
| Sweden | 0.5 | 0.7 | N/A | N/A | 40.0% |
| Others | 1.3 | 1.6 | 1.5 | 1.6 | 7.2% |
| Total | 17.1 | 17.8 | 24.6 | 27.0 | 16.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Mexico in 2022:
- United States (5.5K tons)
- Germany (2.2K tons)
- China (0.3K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by 36% to 1.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep slump.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $9.3M in 2022. Overall, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.3 | 3.3 | 4.6 | 8.4 | 25.0% |
| Brazil | 0.5 | 0.5 | 0.3 | 0.4 | -7.2% |
| Singapore | 0.6 | 0.5 | 0.1 | 0.2 | -30.7% |
| Colombia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United Kingdom | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | 0.2 | 0.1 | -30.7% |
| Total | 6.3 | 5.2 | 5.4 | 9.3 | 13.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Mexico in 2022:
- United States (1463.5 tons)
- Brazil (62.2 tons)
- Singapore (49.2 tons)
- Colombia (28.8 tons)
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