Report Update Nov 1, 2024

Mexico - Ethyl Acetate - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Mexico: Ethyl Acetate Market 2024

Ethyl Acetate Market Size in Mexico

In 2021, after two years of decline, there was significant growth in the Mexican ethyl acetate market, when its value increased by 7.8% to $X. Overall, consumption, however, continues to indicate a mild shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Ethyl Acetate Production in Mexico

In value terms, ethyl acetate production rose sharply to $X in 2021 estimated in export price. In general, production, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 27%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ethyl Acetate Exports

Exports from Mexico

In 2021, after four years of decline, there was significant growth in shipments abroad of ethyl acetate, when their volume increased by 10% to X tons. In general, exports, however, saw a deep reduction. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, ethyl acetate exports surged to $X in 2021. Over the period under review, exports, however, faced a abrupt descent. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for ethyl acetate exports from Mexico, accounting for a 95% share of total exports. Moreover, ethyl acetate exports to the United States exceeded the volume sent to the second major destination, Colombia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) remains the key foreign market for ethyl acetate exports from Mexico, comprising 95% of total exports. The second position in the ranking was held by Colombia ($X), with a 3.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +1.0%.

Export Prices by Country

In 2021, the average ethyl acetate export price amounted to $X per ton, increasing by 56% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Colombia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Ethyl Acetate Imports

Imports into Mexico

For the third consecutive year, Mexico recorded decline in supplies from abroad of ethyl acetate, which decreased by -45.3% to X tons in 2021. In general, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2015 with an increase of 535% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, ethyl acetate imports dropped remarkably to $X in 2021. Over the period under review, imports showed a mild setback. The pace of growth appeared the most rapid in 2015 when imports increased by 443%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of ethyl acetate to Mexico, accounting for a 66% share of total imports. Moreover, ethyl acetate imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was taken by the UK (X tons), with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-4.8% per year) and the UK (+76.2% per year).

In value terms, the United States ($X) constituted the largest supplier of ethyl acetate to Mexico, comprising 71% of total imports. The second position in the ranking was taken by Brazil ($X), with a 16% share of total imports. It was followed by the UK, with a 6% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-7.1% per year) and the UK (+81.3% per year).

Import Prices by Country

The average ethyl acetate import price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethyl acetate in the world?

China constituted the country with the largest volume of ethyl acetate consumption, comprising approx. 24% of total volume. Moreover, ethyl acetate consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, twofold. The third position in this ranking was occupied by the United States, with an 8.1% share.

What are the largest producers of ethyl acetate in the world?

China remains the largest ethyl acetate producing country worldwide, accounting for 36% of total volume. Moreover, ethyl acetate production in China exceeded the figures recorded by the second-largest producer, Mexico, threefold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of ethyl acetate to Mexico?

In value terms, the United States constituted the largest supplier of ethyl acetate to Mexico, comprising 86% of total imports. The second position in the ranking was occupied by the UK, with an 11% share of total imports.

What are the leading importers of ethyl acetate from Mexico?

In value terms, the United States remains the key foreign market for ethyl acetate exports from Mexico, comprising 84% of total exports. The second position in the ranking was occupied by Colombia, with an 8.5% share of total exports.

What is the average export price for ethyl acetate in Mexico?

In 2020, the average ethyl acetate export price amounted to $877 per ton, shrinking by -17.4% against the previous year.

What is the average import price for ethyl acetate in Mexico?

In 2020, the average ethyl acetate import price amounted to $1,523 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the ethyl acetate 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 20143215 - Ethyl acetate

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