Mexico: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in Mexico

In 2021, the Mexican mixed alkylbenzenes, mixed alkylnaphthalenes market increased by 47% to $X, rising for the fourth year in a row after four years of decline. Over the period under review, consumption, however, showed a abrupt decrease. Mixed alkylbenzenes, mixed alkylnaphthalenes consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from Mexico

In 2021, overseas shipments of mixed alkylbenzenes, mixed alkylnaphthalenes increased by 101% to X tons, rising for the fourth consecutive year after five years of decline. In general, exports showed a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports skyrocketed to $X in 2021. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), the United States (X tons) and Guatemala (X tons) were the main destinations of mixed alkylbenzenes, mixed alkylnaphthalenes exports from Mexico.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +43.9%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for mixed alkylbenzenes, mixed alkylnaphthalenes exports from Mexico, comprising 78% of total exports. The second position in the ranking was taken by Canada ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+8.3% per year) and Guatemala (+40.5% per year).

Export Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, increasing by 15% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mixed alkylbenzenes, mixed alkylnaphthalenes export price increased by +99.3% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 47%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($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 the United States (+14.1%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into Mexico

In 2021, overseas purchases of mixed alkylbenzenes, mixed alkylnaphthalenes increased by 73% to X tons, rising for the fifth consecutive year after three years of decline. Overall, imports, however, showed a deep contraction. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports reduced to $X in 2021. Over the period under review, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2018 when imports increased by 15% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Mexico, accounting for a 55% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-11.1% per year) and Italy (+4.9% per year).

In value terms, the United States ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to Mexico, comprising 49% of total imports. The second position in the ranking was taken by Italy ($X), with a 21% share of total imports. It was followed by Canada, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.9% per year) and Canada (-13.8% per year).

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, dropping by -45.3% against the previous year. Overall, the import price saw a perceptible downturn. The growth pace was the most rapid in 2015 when the average import price increased by 187% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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