Mexico: Acetic Anhydride Market 2025

Acetic Anhydride Market Size in Mexico

For the fourth year in a row, the Mexican acetic anhydride market recorded decline in sales value, which decreased by -62.4% to $X in 2021. Overall, consumption continues to indicate a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Acetic Anhydride Production in Mexico

In value terms, acetic anhydride production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 22% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted in the following year.

Acetic Anhydride Exports

Exports from Mexico

For the sixth year in a row, Mexico recorded growth in overseas shipments of acetic anhydride, which increased by 24% to X tons in 2021. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, acetic anhydride exports soared to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +107.1% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of 32% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Belgium (X tons) and Switzerland (X tons) were the main destinations of acetic anhydride exports from Mexico, with a combined 59% share of total exports. Spain, Germany, Brazil, Norway, Turkey and South Korea lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +33.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for acetic anhydride exported from Mexico were the United States ($X), Belgium ($X) and Switzerland ($X), with a combined 58% share of total exports. These countries were followed by Spain, Germany, Norway, Turkey, Brazil and South Korea, which together accounted for a further 13%.

Brazil, with a CAGR of +44.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average acetic anhydride export price amounted to $X per ton, surging by 6.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2014 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Acetic Anhydride Imports

Imports into Mexico

In 2021, approx. X tons of acetic anhydride were imported into Mexico; shrinking by -60.6% against the previous year's figure. Over the period under review, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2019 with an increase of 270%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, acetic anhydride imports reduced markedly to $X in 2021. Overall, imports saw a dramatic descent. The pace of growth was the most pronounced in 2019 when imports increased by 239% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of acetic anhydride to Mexico, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -25.9%.

In value terms, the United States ($X) constituted the largest supplier of acetic anhydride to Mexico.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -22.5%.

Import Prices by Country

In 2021, the average acetic anhydride import price amounted to $X per ton, surging by 30% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +4.5% per year.

Source: IndexBox Platform

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