Report Update Nov 1, 2024

Mexico - Esters of Acrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Acrylic Acid Esters Market 2024

Acrylic Acid Esters Market Size in Mexico

The Mexican acrylic acid esters market amounted to $X in 2022, surging by 1.6% against the previous year. Over the period under review, consumption recorded buoyant growth. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Acrylic Acid Esters Production in Mexico

In value terms, acrylic acid esters production amounted to $X in 2022 estimated in export price. Overall, production saw prominent growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 18%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Acrylic Acid Esters Exports

Exports from Mexico

In 2022, overseas shipments of esters of acrylic acid were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a deep reduction. The growth pace was the most rapid in 2013 when exports increased by 34% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, acrylic acid esters exports surged to $X in 2022. In general, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by 44%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for acrylic acid esters 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 the United States stood at -16.0%.

In value terms, the United States ($X) also remains the key foreign market for esters of acrylic acid exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -13.0%.

Export Prices by Country

The average acrylic acid esters export price stood at $X per ton in 2022, picking up by 7.1% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 50% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United States amounted to +3.5% per year.

Acrylic Acid Esters Imports

Imports into Mexico

In 2022, overseas purchases of esters of acrylic acid decreased by -5.4% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, acrylic acid esters imports shrank to $X in 2022. Overall, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, the United States (X tons) was the main acrylic acid esters supplier to Mexico, accounting for a 91% share of total imports. Moreover, acrylic acid esters imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +2.2%.

In value terms, the United States ($X) constituted the largest supplier of esters of acrylic acid to Mexico, comprising 88% of total imports. The second position in the ranking was held by China ($X), with a 9.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +3.3%.

Import Prices by Country

In 2022, the average acrylic acid esters import price amounted to $X per ton, approximately equating the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, acrylic acid esters import price increased by +66.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for esters of acrylic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 40% of global consumption.

What are the largest producers of esters of acrylic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 41% share of global production.

What are the leading suppliers of esters of acrylic acid to Mexico?

In value terms, the United States constituted the largest supplier of acrylic acid esters to Mexico, comprising 93% of total imports. The second position in the ranking was occupied by Russia, with a 2.5% share of total imports.

What are the leading importers of esters of acrylic acid from Mexico?

In value terms, the United States remains the key foreign market for acrylic acid esters exports from Mexico, comprising 90% of total exports. The second position in the ranking was occupied by Turkey, with a 4.7% share of total exports.

What is the average export price for esters of acrylic acid in Mexico?

The average acrylic acid esters export price stood at $1,696 per ton in 2021, jumping by 28% against the previous year.

What is the average import price for esters of acrylic acid in Mexico?

In 2021, the average acrylic acid esters import price amounted to $1,865 per ton, rising by 55% against the previous year.

This report provides an in-depth analysis of the acrylic acid esters 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 20143320 - Esters of acrylic acid

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