Price for Ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one) in Mexico - 2023
Contents:
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico (CIF) - 2023
- Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico (FOB) - 2022
- Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico
- Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico (CIF) - 2023
The average import price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s stood at $6,572 per ton in August 2023, with an increase of 62% against the previous month. In general, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in May 2023 an increase of 164% month-to-month. As a result, import price attained the peak level of $14,133 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was India ($14,892 per ton), while the price for China stood at $5,131 per ton.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+2.7%).
Price for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico (FOB) - 2022
In 2022, the average export price for ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s amounted to $10,293 per ton, jumping by 23% against the previous year. Overall, the export price posted a slight increase. The growth pace was the most rapid in 2018 when the average export price increased by 237% against the previous year. As a result, the export price attained the peak level of $24,229 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($29,153 per ton), while the average price for exports to Pakistan ($5,203 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 the Netherlands (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico
In 2022, the amount of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s imported into Mexico skyrocketed to 437 tons, rising by 40% on 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +53.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s soared to $3.9M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,767 | 1,640 | 1,788 | 3,385 | 24.2% |
| India | 340 | 537 | 355 | 438 | 8.8% |
| Germany | 193 | 65.5 | 185 | 36.5 | -42.6% |
| Others | 285 | 290 | 80.9 | 46.5 | -45.4% |
| Total | 2,585 | 2,532 | 2,408 | 3,906 | 14.8% |
Top Suppliers of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) to Mexico in 2022:
- China (391.0 tons)
- India (37.6 tons)
- Germany (8.0 tons)
Exports of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico
In 2022, after three years of growth, there was significant decline in overseas shipments of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s, when their volume decreased by -71.7% to 7.6 tons. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 252% against the previous year.
In value terms, exports of ketones; aromatic, (without other oxygen function), excluding phenylacetone (phenylpropan-2-one)s declined markedly to $79K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 237% against the previous year. As a result, the exports attained the peak of $270K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 27.9 | 32.2 | 55.7 | 61.4 | 30.1% |
| Pakistan | N/A | N/A | N/A | 8.9 | 0% |
| Colombia | 15.5 | 18.8 | 7.6 | 2.1 | -48.6% |
| Germany | 26.2 | 43.4 | 30.2 | N/A | 7.4% |
| United States | N/A | 10.4 | 129 | N/A | 1140.4% |
| Netherlands | N/A | 148 | N/A | N/A | 0% |
| Others | 10.6 | 17.3 | 2.9 | 6.2 | -16.4% |
| Total | 80.3 | 270 | 225 | 78.6 | -0.7% |
Top Export Markets for Ketones; Aromatic, (Without Other Oxygen Function), Excluding Phenylacetone (Phenylpropan-2-One) from Mexico in 2022:
- Guatemala (5.7 tons)
- Pakistan (1.7 tons)
- Colombia (0.1 tons)
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