Mexico: Disperse Dye Market 2025

Disperse Dye Market Size in Mexico

In 2021, the Mexican disperse dye market increased by 60% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Disperse Dye Production in Mexico

In value terms, disperse dye production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2015 with an increase of 29% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Disperse Dye Exports

Exports from Mexico

In 2021, disperse dye exports from Mexico shrank significantly to X tons, reducing by -61.9% on the previous year's figure. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 90% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, disperse dye exports declined rapidly to $X in 2021. Over the period under review, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2015 when exports increased by 56% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for disperse dye exports from Mexico, accounting for a 51% share of total exports. Moreover, disperse dye exports to the United States exceeded the volume sent to the second major destination, Honduras (X tons), threefold. Brazil (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+8.0% per year) and Brazil (+1.2% per year).

In value terms, the United States ($X) remains the key foreign market for disperse dyes and preparations based thereon exports from Mexico, comprising 52% of total exports. The second position in the ranking was held by Honduras ($X), with a 16% share of total exports. It was followed by Brazil, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+13.8% per year) and Brazil (+0.9% per year).

Export Prices by Country

The average disperse dye export price stood at $X per ton in 2021, jumping by 42% against the previous year. In general, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, disperse dye export price decreased by -8.8% against 2019 indices. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Honduras ($X per ton) and the United States ($X per ton), while the average price for exports to Peru ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Disperse Dye Imports

Imports into Mexico

In 2021, supplies from abroad of disperse dyes and preparations based thereon increased by 102% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, disperse dye imports surged to $X in 2021. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2015 when imports increased by 73% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of disperse dye to Mexico, accounting for a 67% share of total imports. Moreover, disperse dye imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by India (X tons), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.0% per year) and India (+30.9% per year).

In value terms, China ($X) constituted the largest supplier of disperse dyes and preparations based thereon to Mexico, comprising 57% of total imports. The second position in the ranking was taken by India ($X), with a 15% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+34.0% per year) and the United States (+5.2% per year).

Import Prices by Country

The average disperse dye import price stood at $X per ton in 2021, declining by -31.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by 56%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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