Cyclic Hydrocarbons Market in Mexico
Market Overview
In 
, the Mexican cyclic hydrocarbons market increased by % to $, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a mild increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, the market attained the peak level at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
, the Mexican cyclic hydrocarbons market increased by % to $, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a mild increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, the market attained the peak level at $ in 2012; however, from 2013 to , consumption remained at a lower figure.Consumption
Cyclic hydrocarbons consumption in Mexico dropped notably to tons in , which is down by -% on the previous year's figure. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at tons in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.
The size of the cyclic hydrocarbons market in Mexico expanded sharply to $ in , with an increase 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, the total consumption indicated a modest expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Cyclic hydrocarbons consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
tons in , which is down by -% on the previous year's figure. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at tons in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.The size of the cyclic hydrocarbons market in Mexico expanded sharply to $
in , with an increase 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, the total consumption indicated a modest expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Cyclic hydrocarbons consumption peaked at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for cyclic hydrocarbons 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
Cyclic hydrocarbons 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 cyclic hydrocarbons; 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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