Report Update Nov 1, 2024

Mexico - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Mexico

In 2021, after four years of growth, there was significant decline in the Mexican sodium triphosphate market, when its value decreased by -36.4% to $X. Overall, consumption saw a relatively flat trend pattern. Sodium triphosphate consumption peaked at $X in 2020, and then fell sharply in the following year.

Sodium Triphosphate Exports

Exports from Mexico

In 2021, approx. X tons of sodium triphosphate (sodium tripolyphosphates) were exported from Mexico; increasing by 13% compared with the previous year's figure. In general, exports, however, saw a sharp decline. The pace of growth appeared the most rapid in 2019 when exports increased by 72%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, sodium triphosphate exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a precipitous descent. The pace of growth appeared the most rapid in 2019 when exports increased by 45% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for sodium triphosphate exports from Mexico, with a 87% share of total exports. Moreover, sodium triphosphate exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -3.5%.

In value terms, the United States ($X) remains the key foreign market for sodium triphosphate exports from Mexico, comprising 84% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -3.1%.

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2021, jumping by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Guatemala ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Triphosphate Imports

Imports into Mexico

In 2021, overseas purchases of sodium triphosphate (sodium tripolyphosphates) decreased by -23% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 30% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then dropped sharply in the following year.

In value terms, sodium triphosphate imports shrank markedly to $X in 2021. In general, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 31%. Imports peaked at $X in 2020, and then dropped rapidly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest sodium triphosphate supplier to Mexico, with a 68% share of total imports. Moreover, sodium triphosphate imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was held by the United States (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.9% per year) and the United States (-14.0% per year).

In value terms, China ($X) constituted the largest supplier of sodium triphosphate to Mexico, comprising 58% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.2% per year) and Belgium (+7.7% per year).

Import Prices by Country

In 2021, the average sodium triphosphate import price amounted to $X per ton, standing approx. at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 an increase of 25% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium triphosphate (sodium tripolyphosphates) in the world?

The country with the largest volume of sodium triphosphate consumption was China, comprising approx. 38% of total volume. Moreover, sodium triphosphate consumption in China exceeded the figures recorded by the second-largest consumer, Tunisia, fourfold. The third position in this ranking was occupied by Kazakhstan, with a 6.2% share.

What are the largest producers of sodium triphosphate (sodium tripolyphosphates) in the world?

China remains the largest sodium triphosphate producing country worldwide, accounting for 52% of total volume. Moreover, sodium triphosphate production in China exceeded the figures recorded by the second-largest producer, Tunisia, fourfold. The third position in this ranking was occupied by Belgium, with a 9.8% share.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) to Mexico?

In value terms, China constituted the largest supplier of sodium triphosphate to Mexico, comprising 62% of total imports. The second position in the ranking was occupied by the United States, with a 23% share of total imports.

What are the leading importers of sodium triphosphate (sodium tripolyphosphates) from Mexico?

In value terms, the United States remains the key foreign market for sodium triphosphate exports from Mexico, comprising 84% of total exports. The second position in the ranking was occupied by Guatemala, with a 16% share of total exports.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Mexico?

In 2021, the average sodium triphosphate export price amounted to $1,225 per ton, rising by 3.7% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Mexico?

The average sodium triphosphate import price stood at $1,643 per ton in 2021, with an increase of 13% against the previous year.

This report provides an in-depth analysis of the sodium triphosphate 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)

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
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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