Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $10,334 per ton in 2022, picking up by 48% 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 +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids increased by +71.7% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($22,600 per ton), while the average price for exports to Canada ($920 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 Australia (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $7,656 per ton, dropping by -7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $8,257 per ton, and then fell in the following year.
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 Germany ($27,333 per ton), while the price for China ($7,396 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids decreased by -13.5% to 104 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 76% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $1.1M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 86%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.1 | 166 | 429 | 260 | 1275.1% |
| Switzerland | 31.0 | 63.8 | 68.5 | 206 | 88.0% |
| United States | 246 | 389 | 165 | 177 | -10.4% |
| Germany | 17.8 | 23.6 | 11.1 | 149 | 103.0% |
| United Kingdom | 1.7 | 5.9 | 6.1 | 74.0 | 251.8% |
| Portugal | N/A | N/A | N/A | 67.5 | 0% |
| Singapore | 36.2 | 21.9 | 32.8 | 50.2 | 11.5% |
| Canada | 2.5 | 4.3 | 6.7 | 1.2 | -21.7% |
| Others | 64.7 | 67.9 | 126 | 92.9 | 12.8% |
| Total | 400 | 742 | 844 | 1,078 | 39.2% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Mexico in 2022:
- South Korea (32.0 tons)
- United States (20.8 tons)
- Switzerland (18.6 tons)
- Germany (8.8 tons)
- United Kingdom (7.6 tons)
- Singapore (4.6 tons)
- Portugal (4.0 tons)
- Canada (1.3 tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico
In 2022, after two years of decline, there was significant growth in purchases abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids, when their volume increased by 1,699% to 89 tons. Over the period under review, imports, however, faced a abrupt decrease.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids skyrocketed to $678K in 2022. Overall, imports, however, recorded a abrupt decline.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 655 | 688 | N/A | 407 | -14.7% |
| United States | 71.6 | 92.2 | 31.3 | 250 | 51.7% |
| Germany | 54.4 | 31.3 | 2.6 | 12.7 | -38.4% |
| Others | 83.0 | 33.0 | 6.8 | 7.9 | -54.3% |
| Total | 864 | 845 | 40.7 | 678 | -7.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Mexico in 2022:
- China (55.1 tons)
- United States (32.4 tons)
- Germany (0.5 tons)
349
This report provides an in-depth analysis of the market for formic acid, its salts and esters in Mexico.
470
This report provides an in-depth analysis of the market for saturated acyclic monocarboxylic acids in Mexico.
45
This report provides an in-depth analysis of the market for mono-, di- or tri-chloroacetic acids; propionic, butanoic and pentanoic acids in Mexico.
134
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) in Mexico.
369
This report provides an in-depth analysis of the market for salts of acetic acid in Mexico.
447
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters in Mexico.
349
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters in Mexico.
411
This report provides an in-depth analysis of the ethyl acetate market in Mexico.
380
This report provides an in-depth analysis of the acetic anhydride market in Mexico.
546
This report provides an in-depth analysis of the acetic acid market in Mexico.
7957
From December 2022 to October 2023, the importation of Acetic Acid experienced a slight decline. In terms of value, Acetic Acid imports decreased significantly to $12M in October 2023.
298
Saturated Acyclic Monocarboxylic Acids are important chemical compounds used in various industries, including pharmaceuticals, cosmetics, and chemical manufacturing. In this article, we explore the world's best import markets for saturated acyclic monocarboxylic acids, backed by data and key statistics from the IndexBox market intelligence platform. Belgium leads the way as the largest importer, followed by India, Germany, China, and the United States. The Netherlands, Italy, Japan, Mexico, and Spain also play significant roles. Learn more about this vibrant and dynamic import market.
949
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
1433
Global acyclic acid imports stood at X tons in 2016, coming down by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from...
234
Explore the top import markets for Esters Of Acetic Acid (excluding Ethyl Acetate) in 2023. Learn about the key countries driving the global market for esters of acetic acid.
1006
In value terms, phosphoric esters and their salts imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated ...
919
In value terms, esters of other inorganic acids imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indica...
983
In value terms, phosphoric esters and their salts exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tre...
1030
In value terms, esters of other inorganic acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
360
Learn about the expected growth in the global acetic acid market over the next seven years, driven by increasing demand. Market volume is projected to reach 6.8M tons and market value to reach $4.9B by 2030.
