Caustic Soda Market in Mexico
Market Overview
After three years of decline, the Mexican caustic soda market increased by 
% to $ in . Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.
In value terms, caustic soda production rose slightly to $ in estimated in export price. Over the period under review, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2008 when the production volume increased by %. As a result, production attained the peak level of $. From 2009 to , production growth remained at a lower figure.
% to $ in . Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.In value terms, caustic soda production rose slightly to $
in estimated in export price. Over the period under review, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2008 when the production volume increased by %. As a result, production attained the peak level of $. From 2009 to , production growth remained at a lower figure.Consumption
In , consumption of caustic soda in Mexico expanded rapidly to tons, with an increase of % against the year before. In general, consumption, however, recorded a mild setback. Caustic soda consumption peaked at tons in 2013; however, from 2014 to , consumption failed to regain momentum.
The size of the caustic soda market in Mexico expanded remarkably to $ in , picking up 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, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.
, consumption of caustic soda in Mexico expanded rapidly to tons, with an increase of % against the year before. In general, consumption, however, recorded a mild setback. Caustic soda consumption peaked at tons in 2013; however, from 2014 to , consumption failed to regain momentum.The size of the caustic soda market in Mexico expanded remarkably to $
in , picking up 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, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market failed to regain momentum.Market Forecast
Depressed by shrinking demand for caustic soda in Mexico, the market is expected to continue its downward consumption trend over the next decade. 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
Driven by a growing demand, the share of imports in total supply in Mexico increased significantly over the last fourteen-year period (from % to %). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
% to %). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Mexico remains a net importer of caustic soda; 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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