Market for Oils From Coal Tar in Mexico
Market Overview
The Mexican oils from coal tar market contracted significantly to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt downturn. Oils from coal tar consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt downturn. Oils from coal tar consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.Consumption
In , the amount of oils and other products of the distillation of high temperature coal tar consumed in Mexico fell to tons, which is down by -% against the previous year. Over the period under review, consumption continues to indicate a perceptible setback. Over the period under review, consumption attained the peak volume at tons in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
The size of the oils from coal tar market in Mexico dropped to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a abrupt shrinkage. Oils from coal tar consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
, the amount of oils and other products of the distillation of high temperature coal tar consumed in Mexico fell to tons, which is down by -% against the previous year. Over the period under review, consumption continues to indicate a perceptible setback. Over the period under review, consumption attained the peak volume at tons in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.The size of the oils from coal tar market in Mexico dropped to $
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a abrupt shrinkage. Oils from coal tar consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for oils from coal tar in Mexico, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Oils from coal tar market in Mexico consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.Trade Balance
Mexico remains a net importer of oils from coal tar; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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