Report Update Nov 1, 2024

Mexico - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Market for Industrial Tall Oil Fatty Acids 2024

Market Size for Industrial Tall Oil Fatty Acids in Mexico

For the fourth year in a row, the Mexican tall oil fatty acids market recorded decline in sales value, which decreased by -16.9% to $X in 2021. Overall, consumption showed a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Industrial Tall Oil Fatty Acids

Exports from Mexico

In 2021, after three years of decline, there was significant growth in overseas shipments of industrial tall oil fatty acids, when their volume increased by 21% to X tons. In general, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 598%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, tall oil fatty acids exports fell to $X in 2021. Overall, exports, however, recorded a dramatic descent. The pace of growth was the most pronounced in 2017 with an increase of 511%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for tall oil fatty acids exports from Mexico, accounting for a 53% share of total exports. Moreover, tall oil fatty acids exports to the United States exceeded the volume sent to the second major destination, Costa Rica (X kg), threefold. The third position in this ranking was held by Venezuela (X kg), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+31.8% per year) and Venezuela (-30.9% per year).

In value terms, Venezuela ($X) remains the key foreign market for industrial tall oil fatty acids exports from Mexico, comprising 66% of total exports. The second position in the ranking was taken by Spain ($X), with a 15% share of total exports. 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 to Venezuela stood at -25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+12.2% per year) and the United States (-18.6% per year).

Export Prices by Country

In 2021, the average tall oil fatty acids export price amounted to $X per ton, falling by -21.2% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 52%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Venezuela ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Industrial Tall Oil Fatty Acids

Imports into Mexico

In 2021, imports of industrial tall oil fatty acids into Mexico declined markedly to X tons, falling by -38.2% on the previous year's figure. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by 14%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, tall oil fatty acids imports declined to $X in 2021. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of tall oil fatty acids to Mexico, with a approx. 74% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -10.7%.

In value terms, the United States ($X) constituted the largest supplier of industrial tall oil fatty acids to Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -8.3%.

Import Prices by Country

In 2021, the average tall oil fatty acids import price amounted to $X per ton, picking up by 51% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 +2.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids consumption in 2020 were Sweden, the United States and Germany, with a combined 25% share of global consumption. These countries were followed by China, Mexico, Italy, Russia, India, Belgium, Poland, Turkey, the Netherlands and Finland, which together accounted for a further 35%.

What are the largest producers of industrial tall oil fatty acids in the world?

The countries with the highest volumes of tall oil fatty acids production in 2020 were the United States, Finland and Sweden, with a combined 78% share of global production. These countries were followed by France, the Netherlands, Austria and New Zealand, which together accounted for a further 15%.

What are the leading suppliers of industrial tall oil fatty acids to Mexico?

In value terms, the United States constituted the largest supplier of tall oil fatty acids to Mexico.

What are the leading importers of industrial tall oil fatty acids from Mexico?

In value terms, Venezuela remains the key foreign market for tall oil fatty acids exports from Mexico, comprising 72% of total exports. The second position in the ranking was occupied by Spain, with a 14% share of total exports.

What is the average export price for industrial tall oil fatty acids in Mexico?

In 2020, the average tall oil fatty acids export price amounted to $1,902 per ton, rising by 8.3% against the previous year.

What is the average import price for industrial tall oil fatty acids in Mexico?

The average tall oil fatty acids import price stood at $936 per ton in 2020, dropping by -19.6% against the previous year.

This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids

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