Price for Halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary forms in Mexico - 2023

Contents:

  1. Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico (CIF) - 2023
  2. Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico (FOB) - 2023
  3. Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico
  4. Exports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico

Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico (CIF) - 2023

The average import price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses stood at $18,457 per ton in October 2023, surging by 1.8% against the previous month. In general, the import price continues to indicate mild growth. The pace of growth was the most pronounced in August 2023 when the average import price increased by 83% against the previous month. As a result, import price attained the peak level of $32,858 per ton. From September 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($47,879 per ton), while the price for the United States ($14,166 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico (FOB) - 2023

In October 2023, the average export price for halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses amounted to $35,653 per ton, approximately reflecting the previous month. In general, the export price recorded a mild descent. The most prominent rate of growth was recorded in June 2023 an increase of 40% m-o-m. Over the period under review, the average export prices attained the maximum at $45,042 per ton in April 2023; however, from May 2023 to October 2023, the export prices stood at a somewhat lower figure.

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

From January 2023 to October 2023, the rate of growth in terms of prices for the United States amounted to -1.3% per month.

Imports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico

In 2022, imports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses into Mexico expanded remarkably to 6.1K tons, picking up by 13% compared with the year before. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses soared to $83M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.840.949.157.115.8%
Japan7.13.89.314.627.2%
China2.12.13.25.134.4%
Italy3.53.12.83.71.9%
United Kingdom2.53.01.21.3-19.6%
Others3.22.90.81.0-32.1%
Total55.355.866.482.914.4%

Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms to Mexico in 2022:

  1. United States (5.1K tons)
  2. China (0.4K tons)
  3. Japan (0.4K tons)
  4. Italy (0.1K tons)

Exports of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico

In 2022, exports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses from Mexico skyrocketed to 41 tons, growing by 141% against the year before. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of halogenated olefin polymers; fluoro-polymers (other than polytetrafluoroethylene), in primary formses skyrocketed to $610K in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 85%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16430438961054.9%
OthersN/AN/AN/AN/A0%
Total16430438961054.9%

Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers (Other than Polytetrafluoroethylene), in Primary Forms from Mexico in 2022:

  1. United States (40.8 tons)
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