Report Update Nov 1, 2024

Mexico - Chromates, Dichromates and Peroxochromates - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Chromates Market 2024

Chromates Market Size in Mexico

The Mexican chromates market plummeted to $X in 2022, dropping by -87.1% against the previous year. In general, consumption saw a significant decrease. Chromates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Chromates Production in Mexico

In value terms, chromates production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with a decrease of 99.9%. Chromates production peaked in 2022 and is likely to see gradual growth in the near future.

Chromates Exports

Exports from Mexico

In 2022, overseas shipments of chromates, dichromates and peroxochromates decreased by -59.1% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 475% against the previous year. As a result, the exports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, chromates exports stood at $X in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by 157%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Chile (X tons) was the main destination for chromates exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled +86.8%.

In value terms, Chile ($X) emerged as the key foreign market for chromates, dichromates and peroxochromates exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to Chile totaled +51.4%.

Export Prices by Country

In 2022, the average chromates export price amounted to $X per ton, jumping by 146% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 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 Chile.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +17.5% per year.

Chromates Imports

Imports into Mexico

After three years of decline, supplies from abroad of chromates, dichromates and peroxochromates increased by 659% to X tons in 2022. Overall, imports, however, continue to indicate a dramatic descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, chromates imports surged to $X in 2022. Over the period under review, imports, however, showed a precipitous shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of chromates to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled -34.0%.

In value terms, the United States ($X) constituted the largest supplier of chromates, dichromates and peroxochromates to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -31.0%.

Import Prices by Country

In 2022, the average chromates import price amounted to $X per ton, with an increase of 6.1% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromates import price decreased by -10.3% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 29%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromates, dichromates and peroxochromates in the world?

The countries with the highest volumes of in 2021 were Russia, Turkey and Germany, together accounting for 44% of global consumption. Kazakhstan, India, South Africa, Japan, China, Argentina, Italy, Estonia, Uruguay and Colombia lagged somewhat behind, together accounting for a further 44%.

What are the largest producers of chromates, dichromates and peroxochromates in the world?

The countries with the highest volumes of in 2021 were Russia, South Africa and Kazakhstan, together accounting for 74% of global production. These countries were followed by Turkey, Argentina, Estonia and Austria, which together accounted for a further 24%.

What are the leading suppliers of chromates, dichromates and peroxochromates to Mexico?

In value terms, the United States constituted the largest supplier of chromates to Mexico, comprising 69% of total imports. The second position in the ranking was occupied by India, with a 29% share of total imports.

What is the average export price for chromates, dichromates and peroxochromates in Mexico?

The average chromates export price stood at $2,765 per ton in 2021, which is down by -31.5% against the previous year.

What is the average import price for chromates, dichromates and peroxochromates in Mexico?

In 2021, the average chromates import price amounted to $1,990 per ton, surging by 2.9% against the previous year.

This report provides an in-depth analysis of the chromates 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 20135125 - Chromates and dichromates, peroxochromates

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