Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico - 2023

Contents:

  1. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico (CIF) - 2023
  2. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico (FOB) - 2022
  3. Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico
  4. Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico (CIF) - 2023

In September 2023, the average import price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses amounted to $433K per ton, flattening at the previous month. In general, the import price recorded a strong increase. The import price peaked in September 2023.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From January 2023 to September 2023, the rate of growth in terms of prices for India amounted to +0.2% per month.

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico (FOB) - 2022

The average export price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses stood at $8,274 per ton in 2022, dropping by -17.9% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2017 when the average export price increased by 116%. The export price peaked at $12,460 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($39,846 per ton), while the average price for exports to Peru ($852 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 Guatemala (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico

In 2022, after three years of growth, there was significant decline in overseas purchases of chlorates and perchlorates; bromates and perbromates; iodates and periodateses, when their volume decreased by -5.6% to 4.8K tons. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 61%.

In value terms, imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses reached $6M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern.

Import of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.61.51.52.719.1%
United States1.92.51.52.13.4%
India0.30.50.41.258.7%
Sweden0.60.30.6N/A0.0%
Others1.51.31.5N/A0.0%
Total5.96.25.76.00.6%

Top Suppliers of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates to Mexico in 2022:

  1. United States (1.9K tons)
  2. China (1.5K tons)
  3. India (0.6K tons)

Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico

In 2022, approx. 18 tons of chlorates and perchlorates; bromates and perbromates; iodates and periodateses were exported from Mexico; increasing by 64% against 2021 figures. In general, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses skyrocketed to $147K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cuba57.246.672.410120.9%
Guatemala18.821.113.422.25.7%
Peru5.64.67.19.920.9%
Dominican Republic0.30.12.73.1117.8%
El Salvador21.111.58.01.3-60.5%
United States1.30.51.11.30.0%
Ecuador1.30.40.70.9-11.5%
Others2.92.13.77.034.1%
Total10886.810914710.8%

Top Export Markets for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates from Mexico in 2022:

  1. Peru (11.6 tons)
  2. Cuba (2.5 tons)
  3. Guatemala (1.9 tons)
  4. Dominican Republic (0.5 tons)
  5. Ecuador (0.4 tons)
  6. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform

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