Report Update Nov 1, 2024

Mexico - Benzoyl Peroxide and Benzoyl Chloride - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Mexico

In 2022, the Mexican benzoyl peroxide and chloride market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption, however, showed a perceptible shrinkage. Benzoyl peroxide and chloride consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Benzoyl Peroxide And Benzoyl Chloride in Mexico

In value terms, benzoyl peroxide and chloride production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 33% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Mexico

In 2022, after four years of growth, there was significant decline in overseas shipments of benzoyl peroxide and benzoyl chloride, when their volume decreased by -97.2% to X tons. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 65% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, benzoyl peroxide and chloride exports plummeted to $X in 2022. In general, exports faced a sharp descent. The pace of growth appeared the most rapid in 2019 when exports increased by 42% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined dramatically in the following year.

Exports by Country

The United States (X tons) was the main destination for benzoyl peroxide and chloride exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -3.5%.

In value terms, the United States ($X) emerged as the key foreign market for benzoyl peroxide and benzoyl chloride exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -13.1%.

Export Prices by Country

The average benzoyl peroxide and chloride export price stood at $X per ton in 2022, surging by 25% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 41% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +9.2% per year.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Mexico

In 2022, purchases abroad of benzoyl peroxide and benzoyl chloride decreased by -37.8% to X tons, falling for the third consecutive year after three years of growth. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 44% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, benzoyl peroxide and chloride imports plummeted to $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of benzoyl peroxide and chloride to Mexico, with a 75% share of total imports. Moreover, benzoyl peroxide and chloride imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.6% per year) and China (-16.3% per year).

In value terms, the largest benzoyl peroxide and chloride suppliers to Mexico were Germany ($X), the United States ($X) and China ($X).

The United States, with a CAGR of -2.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average benzoyl peroxide and chloride import price stood at $X per ton in 2022, picking up by 6.1% against the previous year. In general, the import price saw a noticeable expansion. The growth pace was the most rapid in 2015 an increase of 90% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for benzoyl peroxide and benzoyl chloride in the world?

The countries with the highest volumes of benzoyl peroxide and chloride consumption in 2021 were the United States, China and Germany, with a combined 37% share of global consumption. South Korea, Turkey, the UK, Japan, Taiwan Chinese), Mexico, the Netherlands, Brazil, Canada and France lagged somewhat behind, together comprising a further 39%.

What are the largest producers of benzoyl peroxide and benzoyl chloride in the world?

Germany remains the largest benzoyl peroxide and chloride producing country worldwide, accounting for 54% of total volume. Moreover, benzoyl peroxide and chloride production in Germany exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by Belgium, with an 11% share.

What are the leading suppliers of benzoyl peroxide and benzoyl chloride to Mexico?

In value terms, the United States, Germany and China constituted the largest benzoyl peroxide and chloride suppliers to Mexico, with a combined 79% share of total imports. These countries were followed by Belgium and Japan, which together accounted for a further 19%.

What are the leading importers of benzoyl peroxide and benzoyl chloride from Mexico?

In value terms, the largest markets for benzoyl peroxide and chloride exported from Mexico were the United States, Germany and Canada, together comprising 62% of total exports. Brazil, the Netherlands, Nigeria and Argentina lagged somewhat behind, together accounting for a further 14%.

What is the average export price for benzoyl peroxide and benzoyl chloride in Mexico?

In 2021, the average benzoyl peroxide and chloride export price amounted to $5,349 per ton, dropping by -11.8% against the previous year.

What is the average import price for benzoyl peroxide and benzoyl chloride in Mexico?

In 2021, the average benzoyl peroxide and chloride import price amounted to $1,786 per ton, declining by -20.5% against the previous year.

This report provides an in-depth analysis of the market for benzoyl peroxide and chloride 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 20143365 - Benzoyl peroxide and benzoyl chloride

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023