Mexico - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Monocarboxylic Fatty Acids in Mexico - 2023
Contents:
- Price for Industrial Monocarboxylic Fatty Acids in Mexico (CIF) - 2023
- Price for Industrial Monocarboxylic Fatty Acids in Mexico (FOB) - 2023
- Imports of Industrial Monocarboxylic Fatty Acids in Mexico
- Exports of Industrial Monocarboxylic Fatty Acids in Mexico
Price for Industrial Monocarboxylic Fatty Acids in Mexico (CIF) - 2023
In August 2023, the average industrial monocarboxylic fatty acids import price amounted to $1,586 per ton, remaining stable against the previous month. Overall, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in January 2023 an increase of 40% month-to-month. The import price peaked at $2,701 per ton in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($2,197 per ton), while the price for Guatemala ($599 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Industrial Monocarboxylic Fatty Acids in Mexico (FOB) - 2023
The average industrial monocarboxylic fatty acids export price stood at $1,004 per ton in August 2023, waning by -11.5% against the previous month. Over the period under review, the export price continues to indicate a perceptible decrease. As a result, the export price attained the peak level of $1,185 per ton. From April 2023 to August 2023, the the average export prices remained 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 March 2023 to August 2023, the rate of growth in terms of prices for the United States amounted to -3.3% per month.
Imports of Industrial Monocarboxylic Fatty Acids in Mexico
In 2022, purchases abroad of industrial monocarboxylic fatty acids decreased by -9.7% to 37K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable downturn. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports attained the peak of 52K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, industrial monocarboxylic fatty acids imports skyrocketed to $84M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
Import of Industrial Monocarboxylic Fatty Acids in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 24.6 | 27.4 | 38.9 | 40.5 | 18.1% |
Malaysia | 6.7 | 8.1 | 17.3 | 24.0 | 53.0% |
Indonesia | 3.2 | 4.5 | 8.8 | 8.1 | 36.3% |
Guatemala | N/A | 2.7 | 2.4 | 7.9 | 71.1% |
Argentina | 2.0 | 3.8 | N/A | N/A | 90.0% |
Others | 3.0 | 2.1 | 2.0 | 3.4 | 4.3% |
Total | 39.5 | 48.6 | 69.5 | 83.8 | 28.5% |
Top Suppliers of Industrial Monocarboxylic Fatty Acids to Mexico in 2022:
- United States (16.1K tons)
- Malaysia (9.1K tons)
- Guatemala (7.7K tons)
- Indonesia (3.2K tons)
Exports of Industrial Monocarboxylic Fatty Acids in Mexico
In 2022, shipments abroad of industrial monocarboxylic fatty acids decreased by -35.6% to 2K tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 194%. As a result, the exports attained the peak of 3.4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, industrial monocarboxylic fatty acids exports declined to $3M in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 197% against the previous year.
Export of Industrial Monocarboxylic Fatty Acids in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.0 | 2.9 | 3.4 | 3.0 | 44.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.0 | 2.9 | 3.4 | 3.0 | 44.2% |
Top Export Markets for Industrial Monocarboxylic Fatty Acids from Mexico in 2022:
- United States (2.0K tons)
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
- Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Mexico.
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