Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico - 2023

Contents:

  1. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico (CIF) - 2023
  2. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico (FOB) - 2022
  3. Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico
  4. Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico (CIF) - 2023

The average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $2,071 per ton in December 2023, shrinking by -9.6% against the previous month. Over the period under review, the import price saw a perceptible contraction. The pace of growth was the most pronounced in May 2023 when the average import price increased by 18% m-o-m. The import price peaked at $3,284 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($2,558 per ton), while the price for China amounted to $1,844 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (-2.8%).

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico (FOB) - 2022

The average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $4,706 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($5,372 per ton), while the average price for exports to Guatemala stood at $4,087 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico

Imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses into Mexico amounted to 9.8K tons in 2022, growing by 3.7% on the year before. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.

In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses skyrocketed to $38M in 2022. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.94.010.924.083.3%
United States14.912.211.213.0-4.4%
Japan0.80.50.60.4-20.6%
Taiwan (Chinese)1.51.00.5N/A-42.3%
Netherlands1.7N/AN/AN/A0%
Others0.10.10.10.226.0%
Total23.017.823.237.617.8%

Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Mexico in 2022:

  1. China (6.2K tons)
  2. United States (3.5K tons)
  3. Japan (0.1K tons)

Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico

For the third consecutive year, Mexico recorded decline in shipments abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses, which decreased by -27.9% to 42 tons in 2022. Overall, exports recorded a sharp descent. The smallest decline of -6.7% was in 2021.

In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses declined to $196K in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 44%.

Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A1080%
Guatemala34814420888.1-36.7%
OthersN/AN/AN/AN/A0%
Total348144208196-17.4%

Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Mexico in 2022:

  1. Guatemala (21.6 tons)
  2. El Salvador (20.1 tons)

Source: IndexBox Market Intelligence Platform

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