Mexico: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Mexico

The Mexican skin organic surface-active products market rose remarkably to $X in 2022, with an increase of 7% against the previous year. Over the period under review, consumption showed buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Organic Surface-Active Products For Washing The Skin in Mexico

In value terms, skin organic surface-active products production reached $X in 2022 estimated in export price. Over the period under review, production saw a resilient increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 71%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Mexico

In 2022, shipments abroad of organic surface-active products for washing the skin increased by 35% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 292%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, skin organic surface-active products exports soared to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 257%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for skin organic surface-active products exports from Mexico, accounting for a 87% share of total exports. Moreover, skin organic surface-active products exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), more than tenfold. Colombia (X tons) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +83.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+12.3% per year) and Colombia (+42.8% per year).

In value terms, the United States ($X) remains the key foreign market for organic surface-active products for washing the skin exports from Mexico, comprising 83% of total exports. The second position in the ranking was taken by Canada ($X), with a 3.4% share of total exports. It was followed by Colombia, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +80.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+8.7% per year) and Colombia (+38.8% per year).

Export Prices by Country

In 2022, the average skin organic surface-active products export price amounted to $X per ton, increasing by 5.9% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2016 an increase of 52%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Mexico

In 2022, imports of organic surface-active products for washing the skin into Mexico amounted to X tons, with an increase of 10% against the previous year. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, skin organic surface-active products imports expanded sharply to $X in 2022. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), Canada (X tons) and France (X tons) were the main suppliers of skin organic surface-active products imports to Mexico, with a combined 66% share of total imports. Germany, China, Brazil, Spain, Colombia, the UK and the Netherlands lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +29.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Canada ($X) were the largest skin organic surface-active products suppliers to Mexico, together comprising 69% of total imports. Brazil, Germany, Spain, China, Colombia, the UK and the Netherlands lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Germany, with a CAGR of +29.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average skin organic surface-active products import price stood at $X per ton in 2022, with a decrease of -1.6% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skin organic surface-active products import price increased by +37.1% against 2014 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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