Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico (CIF) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico (CIF) - 2022
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,761 per ton in 2022, shrinking by -43.1% against the previous year. Over the period under review, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 41%. As a result, import price reached the peak level of $4,842 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,456 per ton), while the price for Germany ($1,058 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $1,198 per ton, with a decrease of -1.9% against the previous year. In general, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2013 an increase of 4.7%. As a result, the export price reached the peak level of $1,407 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
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 the United States ($1,425 per ton), while the average price for exports to Peru ($328 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 Chile (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico
In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses imported into Mexico surged to 94K tons, with an increase of 281% compared with the previous year's figure. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $166M in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.4 | 22.3 | 25.1 | 89.6 | 66.5% |
| United States | 26.3 | 27.1 | 30.2 | 44.2 | 18.9% |
| Germany | 6.4 | 7.0 | 7.1 | 9.5 | 14.1% |
| Israel | 7.4 | 10.4 | 5.4 | 7.6 | 0.9% |
| Belgium | 4.8 | 5.4 | 5.3 | 6.9 | 12.9% |
| Others | 7.2 | 5.6 | 3.8 | 8.6 | 6.1% |
| Total | 71.5 | 77.8 | 76.8 | 166 | 32.4% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Mexico in 2022:
- China (66.7K tons)
- United States (9.9K tons)
- Germany (9.0K tons)
- Israel (3.3K tons)
- Belgium (3.2K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico
In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Mexico skyrocketed to 42K tons, picking up by 54% on the previous year. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $50M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.3 | 23.1 | 28.7 | 43.3 | 24.8% |
| Guatemala | 3.4 | 2.2 | 2.5 | 3.9 | 4.7% |
| Peru | 1.2 | 1.1 | 1.1 | 1.4 | 5.3% |
| Colombia | 1.0 | N/A | 0.2 | 0.5 | -20.6% |
| Others | 4.6 | 3.0 | 0.5 | 1.0 | -39.9% |
| Total | 32.6 | 29.5 | 33.1 | 50.1 | 15.4% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Mexico in 2022:
- United States (30.4K tons)
- Guatemala (5.3K tons)
- Peru (4.2K tons)
- Colombia (0.6K tons)
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