Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico - 2023

Contents:

  1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico (CIF) - 2023
  2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico (FOB) - 2022
  3. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico
  4. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico (CIF) - 2023

The average import price for imides and their derivatives; other kinds, excluding saccharins stood at $19,055 per ton in November 2023, dropping by -71.3% against the previous month. Overall, the import price, however, saw prominent growth. The import price peaked at $509K per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

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

From December 2022 to November 2023, the rate of growth in terms of prices for Japan amounted to 0.0% per month.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico (FOB) - 2022

The average export price for imides and their derivatives; other kinds, excluding saccharins stood at $6,498 per ton in 2022, waning by -11.4% against the previous year. Overall, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 127% against the previous year. Over the period under review, the average export prices attained the peak figure at $13,679 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($7,165 per ton), while the average price for exports to Belize ($3,289 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 India (+74.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico

In 2022, the amount of imides and their derivatives; other kinds, excluding saccharins imported into Mexico reduced notably to 3.1 tons, dropping by -97.6% against the previous year's figure. In general, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 0.3% against the previous year.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins declined sharply to $59K in 2022. Overall, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 2.8% against the previous year.

Import of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.876.516.657.8115.2%
India8574232451.2-88.8%
Spain8.934.2N/AN/A284.3%
Japan1,0981,243932N/A-7.9%
United KingdomN/A61.431.9N/A-48.0%
Italy166136230N/A17.7%
United States204195755N/A92.4%
Others281223247N/A-6.2%
Total2,6212,3912,45759.0-71.8%

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Mexico in 2022:

  1. China (3.0 tons)
  2. India (0.1 tons)

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico

In 2022, after three years of growth, there was significant decline in overseas shipments of imides and their derivatives; other kinds, excluding saccharins, when their volume decreased by -71.8% to 1.7 tons. In general, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 144% against the previous year.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins contracted sharply to $11K in 2022. Over the period under review, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 32%.

Export of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A30.914.68.7-46.9%
GuatemalaN/A5.029.51.8-40.0%
BelizeN/AN/AN/A0.70%
Ecuador4.5N/AN/AN/A0%
South Korea2.4N/AN/AN/A0%
Colombia8.3N/AN/AN/A0%
Others12.10.30.9N/A-72.7%
Total27.336.145.011.2-25.7%

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Mexico in 2022:

  1. Canada (1214.0 kg)
  2. Guatemala (298.0 kg)
  3. Belize (218.0 kg)

Source: IndexBox Market Intelligence Platform

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