Price for Pectic Substances; Pectinates and Pectates in Mexico - 2023

Contents:

1. Price for Pectic Substances; Pectinates and Pectates in Mexico (CIF) - 2023
2. Price for Pectic Substances; Pectinates and Pectates in Mexico (FOB) - 2022
3. Imports of Pectic Substances; Pectinates and Pectates in Mexico
4. Exports of Pectic Substances; Pectinates and Pectates in Mexico

Price for Pectic Substances; Pectinates and Pectates in Mexico (CIF) - 2023

In June 2023, the average import price for pectic substances; pectinates and pectateses amounted to $16,815 per ton, approximately equating the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 50% month-to-month. As a result, import price reached the peak level of $18,634 per ton. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($25,101 per ton), while the price for Spain ($11,802 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pectic Substances; Pectinates and Pectates in Mexico (FOB) - 2022

In 2022, the average export price for pectic substances; pectinates and pectateses amounted to $2,200 per ton, declining by -84% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 8.3%. Over the period under review, the average export prices reached the peak figure at $14,213 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.4% per year.

Imports of Pectic Substances; Pectinates and Pectates in Mexico

In 2022, after two years of decline, there was significant growth in supplies from abroad of pectic substances; pectinates and pectateses, when their volume increased by 81% to 251 tons. Over the period under review, imports, however, showed a dramatic decline.

In value terms, pectic substances; pectinates and pectates imports soared to $3.6M in 2022. In general, imports, however, saw a sharp decrease.

Top Suppliers of Pectic Substances; Pectinates and Pectates to Mexico in 2022:

1. Germany (120.7 tons)
2. Spain (35.5 tons)
3. United States (34.2 tons)
4. France (30.9 tons)
5. Brazil (30.2 tons)

Exports of Pectic Substances; Pectinates and Pectates in Mexico

In 2022, exports of pectic substances; pectinates and pectateses from Mexico soared to 718 tons, jumping by 575% against the year before. In general, exports, however, faced a dramatic slump.

In value terms, pectic substances; pectinates and pectates exports rose sharply to $1.6M in 2022. Overall, exports, however, showed a sharp curtailment.

Top Export Markets for Pectic Substances; Pectinates and Pectates from Mexico in 2022:

1. Myanmar (718.4 tons)

Source: IndexBox Market Intelligence Platform