Price for Lecithins and Other Phosphoaminolipids in Mexico - 2023

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Mexico (CIF) - 2023
2. Price for Lecithins and Other Phosphoaminolipids in Mexico (FOB) - 2022
3. Imports of Lecithins and Other Phosphoaminolipids in Mexico
4. Exports of Lecithins and Other Phosphoaminolipids in Mexico

Price for Lecithins and Other Phosphoaminolipids in Mexico (CIF) - 2023

The average lecithins and other phosphoaminolipids import price stood at $3,614 per ton in October 2023, surging by 18% against the previous month. Overall, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in June 2023 an increase of 57% month-to-month. Over the period under review, average import prices hit record highs at $6,756 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($4,137 per ton), while the price for Argentina totaled $1,109 per ton.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+25.2%), while the prices for the other major suppliers experienced a decline.

Price for Lecithins and Other Phosphoaminolipids in Mexico (FOB) - 2022

In 2022, the average lecithins and other phosphoaminolipids export price amounted to $3,042 per ton, standing approx. at the previous year. In general, the export price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 27%. Over the period under review, the average export prices attained the peak figure at $4,280 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($30,000 per ton), while the average price for exports to Guatemala ($1,385 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 Brazil (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lecithins and Other Phosphoaminolipids in Mexico

In 2022, purchases abroad of lecithins and other phosphoaminolipidses decreased by -12% to 6.3K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. As a result, imports reached the peak of 7.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, lecithins and other phosphoaminolipids imports rose modestly to $14M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 14%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Mexico in 2022:

1. United States (5.5K tons)
2. Argentina (0.6K tons)
3. Brazil (0.2K tons)

Exports of Lecithins and Other Phosphoaminolipids in Mexico

In 2022, lecithins and other phosphoaminolipids exports from Mexico amounted to 6.9 tons, leveling off at the previous year. In general, exports recorded a precipitous curtailment. The smallest decline of 99.9% was in 2021.

In value terms, lecithins and other phosphoaminolipids exports stood at $21K in 2022. Over the period under review, exports recorded a precipitous curtailment. The smallest decline of 99.9% was in 2021.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Mexico in 2022:

1. Ecuador (3921.0 kg)
2. Guatemala (1332.0 kg)
3. Canada (638.0 kg)
4. United States (619.0 kg)
5. Turkey (170.0 kg)
6. Cuba (73.0 kg)
7. Colombia (24.0 kg)

Source: IndexBox Market Intelligence Platform