Price for Lustres; Liquid Lustres and Similar Preparations in Mexico - 2023
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Mexico (CIF) - 2023
- Price for Lustres; Liquid Lustres and Similar Preparations in Mexico (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Mexico
- Exports of Lustres; Liquid Lustres and Similar Preparations in Mexico
Price for Lustres; Liquid Lustres and Similar Preparations in Mexico (CIF) - 2023
In December 2023, the average import price for lustres; liquid lustres and similar preparationses amounted to $819K per ton, picking up by 7.9% against the previous month. Overall, import price indicated a resilient expansion from December 2022 to December 2023: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for lustres; liquid lustres and similar preparationses increased by +11.0% against September 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 103% m-o-m. Over the period under review, average import prices reached the maximum at $1.2M per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($840K per ton), while the price for the United States totaled $768K per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced a decline.
Price for Lustres; Liquid Lustres and Similar Preparations in Mexico (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $100,096 per ton, picking up by 43% against the previous year. In general, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 184%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +57.5% per year.
Imports of Lustres; Liquid Lustres and Similar Preparations in Mexico
In 2022, overseas purchases of lustres; liquid lustres and similar preparationses increased by 0.8% to 30 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt shrinkage.
In value terms, imports of lustres; liquid lustres and similar preparationses expanded rapidly to $6.3M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lustres; Liquid Lustres and Similar Preparations in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 2.9 | 3.7 | 3.7 | 5.0% |
| Germany | 2.6 | 2.0 | 1.8 | 2.7 | 1.3% |
| Others | 0.4 | 0.4 | N/A | N/A | 0.0% |
| Total | 6.2 | 5.3 | 5.6 | 6.3 | 0.5% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Mexico in 2022:
- United States (24.3 tons)
- Germany (5.3 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Mexico
In 2022, after three years of growth, there was significant decline in overseas shipments of lustres; liquid lustres and similar preparationses, when their volume decreased by -95.7% to 280 kg. Over the period under review, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 277%.
In value terms, exports of lustres; liquid lustres and similar preparationses fell notably to $28K in 2022. In general, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 125% against the previous year.
| Export of Lustres; Liquid Lustres and Similar Preparations in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.2 | 170 | 320 | 28.0 | -12.1% |
| Spain | N/A | 46.7 | N/A | N/A | 0% |
| Colombia | 64.2 | 81.0 | 104 | N/A | 27.3% |
| Guatemala | 1.4 | 0.9 | 5.6 | N/A | 100.0% |
| Others | 26.0 | 0.3 | 24.9 | N/A | -2.1% |
| Total | 133 | 299 | 455 | 28.0 | -40.5% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Mexico in 2022:
- United States (280.0 kg)
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