Report Update Nov 1, 2024

Mexico - Crude Glycerol, Glycerine Waters and Lyes - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Crude Glycerol Market 2024

Crude Glycerol Market Size in Mexico

In 2021, the Mexican crude glycerol market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -16.8% against 2018 indices. Crude glycerol consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Crude Glycerol Production in Mexico

In value terms, crude glycerol production expanded markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -19.6% against 2018 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 53% against the previous year. Crude glycerol production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Crude Glycerol Exports

Exports from Mexico

In 2016, the amount of crude glycerol, glycerine waters and lyes exported from Mexico dropped significantly to X tons, reducing by -48.3% compared with 2015. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 902,837% against the previous year. As a result, the exports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, crude glycerol exports declined significantly to $X in 2016. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 387,477% against the previous year. As a result, the exports attained the peak of $X, and then contracted dramatically in the following year.

Exports by Country

The United States (X tons) was the main destination for crude glycerol exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to the United States stood at +358.9%.

In value terms, the United States ($X) also remains the key foreign market for crude glycerol, glycerine waters and lyes exports from Mexico.

From 2012 to 2016, the average annual growth rate of value to the United States amounted to +298.3%.

Export Prices by Country

The average crude glycerol export price stood at $X per ton in 2016, reducing by -26% against the previous year. Overall, the export price saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 54%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2016, the export prices remained at a 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 2016, the rate of growth in terms of prices for the United States amounted to -13.2% per year.

Crude Glycerol Imports

Imports into Mexico

In 2021, purchases abroad of crude glycerol, glycerine waters and lyes decreased by -12.4% to X tons, falling for the third year in a row after four years of growth. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by 49% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, crude glycerol imports dropped to $X in 2021. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of crude glycerol to Mexico, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +12.6%.

In value terms, the United States ($X) constituted the largest supplier of crude glycerol, glycerine waters and lyes to Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +5.2%.

Import Prices by Country

In 2021, the average crude glycerol import price amounted to $X per ton, surging by 7.3% against the previous year. In general, the import price, however, showed a abrupt downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -6.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude glycerol, glycerine waters and lyes in the world?

The countries with the highest volumes of crude glycerol consumption in 2020 were China, the United States and India, together accounting for 27% of global consumption. These countries were followed by Germany, Japan, Pakistan, Brazil, Indonesia, Bangladesh, Nigeria, Mexico, the UK and the Netherlands, which together accounted for a further 25%.

What are the largest producers of crude glycerol, glycerine waters and lyes in the world?

The countries with the highest volumes of crude glycerol production in 2020 were Indonesia, the United States and Brazil, together accounting for 22% of global production. These countries were followed by India, Germany, China, Japan, Spain, Pakistan, France, Bangladesh, Nigeria and the UK, which together accounted for a further 30%.

What are the leading suppliers of crude glycerol, glycerine waters and lyes to Mexico?

In value terms, the United States constituted the largest supplier of crude glycerol to Mexico.

What are the leading importers of crude glycerol, glycerine waters and lyes from Mexico?

In value terms, the United States remains the key foreign market for crude glycerol exports from Mexico, comprising 49% of total exports. The second position in the ranking was occupied by Costa Rica, with a 20% share of total exports. It was followed by Canada, with a 9.9% share.

What is the average export price for crude glycerol, glycerine waters and lyes in Mexico?

In 2020, the average crude glycerol export price amounted to $5,894 per ton, picking up by 36% against the previous year.

What is the average import price for crude glycerol, glycerine waters and lyes in Mexico?

In 2020, the average crude glycerol import price amounted to $342 per ton, increasing by 86% against the previous year.

This report provides an in-depth analysis of the crude glycerol 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 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes

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