Mexico - Plant-Growth Regulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Plant-Growth Regulators - Market Analysis, Forecast, Size, Trends And Insights

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Plant-Growth Regulators Price in Mexico - 2023

Contents:

  1. Plant-Growth Regulators Price in Mexico (CIF) - 2023
  2. Plant-Growth Regulators Price in Mexico (FOB) - 2023
  3. Plant-Growth Regulators Imports in Mexico
  4. Plant-Growth Regulators Exports in Mexico

Plant-Growth Regulators Price in Mexico (CIF) - 2023

In August 2023, the average plant-growth regulators import price amounted to $10,888 per ton, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in January 2023 an increase of 18% month-to-month. Over the period under review, average import prices attained the peak figure in August 2023.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($10,888 per ton), while the price for China totaled $10,888 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Colombia (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Plant-Growth Regulators Price in Mexico (FOB) - 2023

In August 2023, the average plant-growth regulators export price amounted to $12,618 per ton, approximately reflecting the previous month. Over the period under review, export price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, plant-growth regulators export price increased by +18.1% against June 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 46% against the previous month. Over the period under review, the average export prices attained the peak figure in August 2023.

Average prices varied noticeably for the major external markets. In August 2023, the highest price was recorded for prices to Costa Rica ($12,618 per ton) and Colombia ($12,618 per ton), while the average price for exports to Ecuador ($12,618 per ton) and Brazil ($12,618 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plant-Growth Regulators Imports in Mexico

In 2022, plant-growth regulators imports into Mexico surged to 17K tons, growing by 88% on 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, plant-growth regulators imports soared to $167M in 2022. In general, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.6% against 2020 indices.

Import of Plant-Growth Regulators in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States79.687.644.488.03.4%
China30.238.529.144.914.1%
Germany13.212.912.017.08.8%
Colombia7.414.40.215.126.8%
India8.5N/A1.01.1-49.4%
Israel11.68.4N/AN/A-27.6%
Others10.19.2N/A0.5-63.3%
Total16117186.71671.2%

Top Suppliers of Plant-Growth Regulators to Mexico in 2022:

  1. United States (9.1K tons)
  2. China (4.6K tons)
  3. Germany (1.7K tons)
  4. Colombia (1.6K tons)
  5. India (0.1K tons)

Plant-Growth Regulators Exports in Mexico

In 2022, after two years of decline, there was growth in overseas shipments of plant-growth regulators, when their volume increased by 4.8% to 2.3K tons. In general, exports, however, continue to indicate a precipitous slump.

In value terms, plant-growth regulators exports reduced to $25M in 2022. Over the period under review, exports, however, faced a dramatic contraction.

Export of Plant-Growth Regulators in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala8.96.45.36.1-11.8%
United States13.18.72.05.9-23.3%
Peru4.74.45.84.80.7%
Colombia11.67.95.63.7-31.7%
Costa Rica0.61.12.61.122.4%
Honduras3.82.71.20.9-38.1%
Nicaragua0.91.50.60.90.0%
Argentina5.53.9N/AN/A-29.1%
Cuba5.21.8N/AN/A-65.4%
Others4.02.92.61.2-33.1%
Total58.241.425.624.7-24.9%

Top Export Markets for Plant-Growth Regulators from Mexico in 2022:

  1. Guatemala (573.0 tons)
  2. United States (548.7 tons)
  3. Peru (450.6 tons)
  4. Colombia (350.3 tons)
  5. Costa Rica (100.6 tons)
  6. Nicaragua (87.9 tons)
  7. Honduras (84.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plant-growth regulators 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 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles

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
  • Find deeper insights into current market developments
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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