Mexico - Sulphuric Acid And Oleum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphuric Acid Exports From Mexico Drop by 29%, Totaling $150M in 2023
Mexico Sulphuric Acid Exports
In 2023, approx. 1.1M tons of sulphuric acid and oleum were exported from Mexico; rising by 2.2% against 2022 figures. Overall, total exports indicated a remarkable increase from 2013 to 2023: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by -2.1% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of 171%. As a result, the exports attained the peak of 1.1M tons; afterwards, it flattened through to 2023.
In value terms, sulphuric acid exports fell markedly to $150M (IndexBox estimates) in 2023. Over the period under review, exports saw buoyant growth. The pace of growth was the most pronounced in 2022 when exports increased by 142% against the previous year. As a result, the exports reached the peak of $212M, and then shrank remarkably in the following year.
| COUNTRY | Export Value of Sulphuric Acid in Mexico (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 36.2 | 37.8 | 43.2 | 28.1 | 14.8 | 19.2 | 27.9 | 49.7 | 51.7 | 129 | 121 |
| Chile | 6.7 | 4.4 | 17.1 | 8.2 | 18.0 | 27.7 | 28.0 | 5.6 | 25.8 | 31.8 | 25.7 |
| Brazil | N/A | N/A | 10.4 | 10.7 | 8.1 | 6.5 | 6.4 | 4.2 | 6.9 | 35.0 | N/A |
| Peru | N/A | N/A | N/A | N/A | N/A | N/A | 1.6 | N/A | 2.6 | 13.2 | N/A |
| Others | 1.0 | 1.0 | 2.1 | 5.2 | 1.1 | 5.3 | 0.6 | 1.3 | 0.7 | 2.4 | 2.8 |
| Total | 44.0 | 43.3 | 72.8 | 52.2 | 42.0 | 58.7 | 64.4 | 60.9 | 87.7 | 212 | 150 |
Exports by Country
the United States (875K tons) was the main destination for sulphuric acid exports from Mexico, accounting for a 82% share of total exports. Moreover, sulphuric acid exports to the United States exceeded the volume sent to the second major destination, Chile (187K tons), fivefold.
From 2013 to 2023, the average annual rate of growth in terms of volume to the United States amounted to +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+16.5% per year) and Brazil (-21.8% per year).
In value terms, the United States ($121M) remains the key foreign market for sulphuric acid and oleum exports from Mexico, comprising 81% of total exports. The second position in the ranking was held by Chile ($26M), with a 17% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of value to the United States totaled +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+14.3% per year) and Brazil (-19.1% per year).
Export Prices by Country
In 2023, the sulphuric acid price amounted to $140 per ton (FOB, Mexico), with a decrease of -30.8% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2022 an increase of 152%. As a result, the export price reached the peak level of $203 per ton, and then declined rapidly in the following year.
Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($139 per ton), while the average price for exports to Chile totaled $138 per ton.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.7%).
This report provides an in-depth analysis of the sulphuric acid market 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 20132434 - Sulphuric acid, oleum
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
