Mexico - Urea Resins And Thiourea Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Urea and Thiourea Resins in Mexico - 2023
Contents:
- Price for Urea and Thiourea Resins in Mexico (CIF) - 2023
- Price for Urea and Thiourea Resins in Mexico (FOB) - 2022
- Imports of Urea and Thiourea Resins in Mexico
- Exports of Urea and Thiourea Resins in Mexico
Price for Urea and Thiourea Resins in Mexico (CIF) - 2023
The average urea and thiourea resins import price stood at $3,878 per ton in June 2023, with a decrease of -19.5% against the previous month. Over the period under review, the import price showed a mild shrinkage. The pace of growth was the most pronounced in August 2022 when the average import price increased by 209% m-o-m. As a result, import price reached the peak level of $5,523 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.8% per month.
Price for Urea and Thiourea Resins in Mexico (FOB) - 2022
The average urea and thiourea resins export price stood at $2,596 per ton in December 2022, remaining relatively unchanged against the previous month. Over the period under review, the export price showed a perceptible downturn. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 41% month-to-month. The export price peaked at $3,117 per ton in July 2022; however, from August 2022 to December 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From July 2022 to December 2022, the rate of growth in terms of prices for El Salvador amounted to 0.0% per month.
Imports of Urea and Thiourea Resins in Mexico
In 2022, supplies from abroad of urea resins and thiourea resins in primary forms decreased by -7.8% to 2.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a sharp setback.
In value terms, urea and thiourea resins imports expanded sharply to $5.3M in 2022. Overall, imports continue to indicate a noticeable slump.
Import of Urea and Thiourea Resins in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.5 | N/A | 2.9 | 2.9 | -6.1% |
China | 1.6 | N/A | 1.6 | 1.9 | 5.9% |
Germany | 0.6 | N/A | 0.2 | 0.5 | -5.9% |
Italy | 0.1 | N/A | 0.1 | N/A | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.8 | N/A | 4.8 | 5.3 | -3.0% |
Top Suppliers of Urea and Thiourea Resins to Mexico in 2022:
- China (1439.5 tons)
- United States (740.8 tons)
- Germany (80.7 tons)
Exports of Urea and Thiourea Resins in Mexico
In 2022, shipments abroad of urea resins and thiourea resins in primary forms was finally on the rise to reach 1.2K tons after two years of decline. Over the period under review, exports, however, saw a precipitous decrease.
In value terms, urea and thiourea resins exports skyrocketed to $3.2M in 2022. Overall, exports, however, saw a dramatic downturn.
Export of Urea and Thiourea Resins in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.3 | 7.0 | 2.2 | 3.2 | -24.0% |
El Salvador | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 7.3 | 7.2 | 2.2 | 3.2 | -24.0% |
Top Export Markets for Urea and Thiourea Resins from Mexico in 2022:
- United States (1156.2 tons)
- El Salvador (26.3 tons)
This report provides an in-depth analysis of the market for urea and thiourea resins 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 20165550 - Urea resins and thiourea resins, in primary forms
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
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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
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