Mexico: Market for Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine 2024

Market Size for Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine in Mexico

In 2022, the Mexican market for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine in Mexico

In value terms, production of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine reduced modestly to $X in 2022 estimated in export price. Overall, production, however, saw a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine

Exports from Mexico

In 2022, overseas shipments of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine dropped markedly to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine from Mexico, with a X% share of total exports. It was followed by Colombia (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) remains the key foreign market for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2022, the average export price for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

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

Imports of Organo-Sulphur Compounds other than Thiocarbamates, Dithiocarbamates, Thiuram Sulphides and Methionine

Imports into Mexico

In 2022, after three years of decline, there was significant growth in supplies from abroad of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine, when their volume increased by X% to X tons. Overall, imports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of imports of organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine to Mexico, with a combined X% share of total imports.

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

In value terms, China ($X), the United States ($X) and Japan ($X) constituted the largest organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine suppliers to Mexico, together accounting for X% of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for organo-sulphur compounds other than thiocarbamates, dithiocarbamates, thiuram sulphides and methionine stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Germany ($X per ton), while the price for China ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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