Price for Ethylene Polymers; Waste, Parings and Scrap in Mexico - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Mexico (FOB) - 2023
- Price for Ethylene Polymers; Waste, Parings and Scrap in Mexico (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Mexico
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Mexico
Price for Ethylene Polymers; Waste, Parings and Scrap in Mexico (FOB) - 2023
In December 2023, the average export price for ethylene polymers; waste, parings and scraps amounted to $701 per ton, rising by 9.4% against the previous month. Over the period under review, the export price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 14% month-to-month. As a result, the export price attained the peak level of $1,023 per ton. From February 2023 to December 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -2.0% per month.
Price for Ethylene Polymers; Waste, Parings and Scrap in Mexico (CIF) - 2023
The average import price for ethylene polymers; waste, parings and scraps stood at $114 per ton in November 2023, with a decrease of -15.2% against the previous month. Over the period under review, the import price saw a perceptible setback. The pace of growth was the most pronounced in January 2023 an increase of 32% against the previous month. Over the period under review, average import prices reached the peak figure at $169 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -3.2% per month.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Mexico
In 2022, shipments abroad of ethylene polymers; waste, parings and scraps decreased by -69.2% to 9.1K tons, falling for the second year in a row after two years of growth. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 70K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ethylene polymers; waste, parings and scraps declined rapidly to $8.7M in 2022. Over the period under review, exports saw a precipitous descent. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, the exports attained the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 18.4 | 18.9 | 8.7 | -10.7% |
| China | 0.9 | 0.4 | N/A | N/A | -55.6% |
| Malaysia | 4.8 | 3.2 | N/A | N/A | -33.3% |
| Taiwan (Chinese) | 1.9 | 0.5 | N/A | N/A | -73.7% |
| Others | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Total | 20.4 | 22.6 | 18.9 | 8.7 | -24.7% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Mexico in 2022:
- United States (9.1K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Mexico
In 2022, after three years of growth, there was significant decline in purchases abroad of ethylene polymers; waste, parings and scraps, when their volume decreased by -25.2% to 24K tons. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. As a result, imports attained the peak of 32K tons, and then contracted notably in the following year.
In value terms, imports of ethylene polymers; waste, parings and scraps shrank markedly to $3.9M in 2022. Over the period under review, imports, however, enjoyed a modest increase. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports reached the peak of $6.8M, and then contracted dramatically in the following year.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.8 | 4.8 | 6.8 | 3.9 | 0.9% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 3.8 | 4.8 | 6.8 | 3.9 | 0.9% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Mexico in 2022:
- United States (23.9K tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
