![Mexico - Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/mexico-polyesters-in-primary-forms-excluding-polyacetals-polyethers-epoxide-resins-polycarbonates-alkyd-resins-polyethylene-terephthalate-other-unsaturated-polyesters-market-analysis-forecast-size-trends-and.webp)
Mexico - Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyesters in Primary Forms in Mexico - 2023
Contents:
- Price for Polyesters in Primary Forms in Mexico (CIF) - 2023
- Price for Polyesters in Primary Forms in Mexico (FOB) - 2023
- Imports of Polyesters in Primary Forms in Mexico
- Exports of Polyesters in Primary Forms in Mexico
Price for Polyesters in Primary Forms in Mexico (CIF) - 2023
In June 2023, the average polyesters in primary forms import price amounted to $4,307 per ton, shrinking by -5.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when the average import price increased by 21% m-o-m. As a result, import price attained the peak level of $5,630 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,968 per ton), while the price for China ($2,631 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyesters in Primary Forms in Mexico (FOB) - 2023
The average polyesters in primary forms export price stood at $4,335 per ton in June 2023, surging by 39% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $4,717 per ton in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($5,827 per ton), while the average price for exports to Guatemala ($1,572 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced a decline.
Imports of Polyesters in Primary Forms in Mexico
In 2022, polyesters in primary forms imports into Mexico skyrocketed to 163K tons, surging by 26% on the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +68.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, polyesters in primary forms imports skyrocketed to $509M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Polyesters in Primary Forms in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 233 | 197 | 256 | 288 | 7.3% |
China | 40.9 | 30.5 | 60.1 | 72.9 | 21.2% |
Germany | 29.9 | 26.0 | 30.9 | 42.0 | 12.0% |
South Korea | 13.2 | 10.2 | 20.3 | 22.6 | 19.6% |
Italy | 7.9 | 5.3 | 7.7 | 13.8 | 20.4% |
Taiwan (Chinese) | 9.4 | 5.9 | 12.8 | 12.5 | 10.0% |
Japan | 10.2 | 7.9 | 11.5 | 10.3 | 0.3% |
Canada | 6.4 | 6.4 | 7.3 | 8.1 | 8.2% |
Others | 24.6 | 26.7 | 24.6 | 39.3 | 16.9% |
Total | 376 | 316 | 431 | 509 | 10.6% |
Top Suppliers of Polyesters in Primary Forms to Mexico in 2022:
- United States (107.4K tons)
- China (22.9K tons)
- Germany (9.3K tons)
- South Korea (5.2K tons)
- Canada (4.4K tons)
- Italy (4.2K tons)
- Taiwan (Chinese) (2.9K tons)
- Japan (1.7K tons)
Exports of Polyesters in Primary Forms in Mexico
In 2022, after three years of growth, there was significant decline in shipments abroad of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters), when their volume decreased by -29.2% to 10K tons. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 9.8% against the previous year.
In value terms, polyesters in primary forms exports reduced markedly to $38M in 2022. Overall, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $51M, and then plummeted in the following year.
Export of Polyesters in Primary Forms in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 34.9 | 39.2 | 44.3 | 30.2 | -4.7% |
Guatemala | 1.3 | 1.7 | 2.6 | 4.4 | 50.1% |
El Salvador | 0.6 | 0.5 | 0.9 | 1.4 | 32.6% |
China | 0.3 | 0.1 | 0.7 | 0.5 | 18.6% |
Honduras | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
Canada | 1.3 | 1.2 | 0.2 | 0.1 | -57.5% |
Others | 2.5 | 1.9 | 1.7 | 0.8 | -31.6% |
Total | 41.2 | 44.8 | 50.6 | 37.7 | -2.9% |
Top Export Markets for Polyesters in Primary Forms from Mexico in 2022:
- Canada (undefinedK tons)
- United States (6.8K tons)
- Guatemala (2.1K tons)
- El Salvador (0.7K tons)
- Honduras (0.2K tons)
- China (0.2K tons)
This report provides an in-depth analysis of the market for polyesters in primary forms 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 20164090 - Polyesters, in primary forms (excluding polyacetals, p olyethers, epoxide resins, polycarbonates, alkyd resins, p olyethylene terephthalate, other unsaturated polyesters)
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
-
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 polyesters in primary forms in Mexico.
This report provides an in-depth analysis of the polycarbonate market in Mexico.
This report provides an in-depth analysis of the market for polyethylene terephthalate and other polyethylene terephthalate in primary forms in Mexico.
This report provides an in-depth analysis of the alkyd resins market in Mexico.
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This report provides an in-depth analysis of the polyacetals market in Mexico.
This report provides an in-depth analysis of the market for polyethylene glycol and polyether in Mexico.
This report provides an in-depth analysis of the market for unsaturated polyesters in primary forms in Mexico.
This report provides an in-depth analysis of the global market for polyesters in primary forms.
This report provides an in-depth analysis of the global polycarbonate market.
In December 2022, the alkyd resins price was $3,949 per ton FOB Mexico, a decrease of -3.7% compared to the previous month.
Polyacetals imports reached a peak of 51K tons in 2019, but then saw a decline from 2020 to 2023. In terms of value, the imports of Polyacetals modestly increased to $142M by 2023.
In November 2022, the polyacetals price in Mexico amounted to $3,741 per ton (CIF, Mexico), which is down by -3.4% against the previous month. The most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth. The United States constituted the largest polyacetals supplier to Mexico, with a 59% share of total imports. In value terms, the United States constituted the largest supplier of polyacetals to Mexico, comprising 66% of total imports. Polyacetals are commonly used in various industries, including automotive, electrical, and consumer goods. One of the main factors contributing to the price growth of polyacetals in Mexico is the increasing demand from various industries.
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