Oxygen-Function Amino-Compound Market in Mexico
Market Overview
For the sixth consecutive year, the Mexican oxygen-function amino-compound market recorded growth in sales value, which increased by 
% to $ in . Overall, the total consumption indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2015 indices. Over the period under review, the market attained the maximum level in and is expected to retain growth in years to come.
In value terms, oxygen-function amino-compound production declined modestly to $ in estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2009 to , production growth failed to regain momentum.
% to $ in . Overall, the total consumption indicated a modest increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2015 indices. Over the period under review, the market attained the maximum level in and is expected to retain growth in years to come.In value terms, oxygen-function amino-compound production declined modestly to $
in estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2009 to , production growth failed to regain momentum.Consumption
In , approx. tons of oxygen-function amino-compounds were consumed in Mexico; leveling off at the previous year. In general, the total consumption indicated a slight increase from 2007 to : its volume 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 decreased by -% against 2019 indices. Oxygen-function amino-compound consumption peaked at tons in 2019; however, from to , consumption failed to regain momentum.
The value of the oxygen-function amino-compound market in Mexico reached $ in , standing approx. at 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, the total consumption indicated modest growth 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 2015 indices. Oxygen-function amino-compound consumption peaked in and is likely to continue growth in the near future.
, approx. tons of oxygen-function amino-compounds were consumed in Mexico; leveling off at the previous year. In general, the total consumption indicated a slight increase from 2007 to : its volume 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 decreased by -% against 2019 indices. Oxygen-function amino-compound consumption peaked at tons in 2019; however, from to , consumption failed to regain momentum.The value of the oxygen-function amino-compound market in Mexico reached $
in , standing approx. at 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, the total consumption indicated modest growth 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 2015 indices. Oxygen-function amino-compound consumption peaked in and is likely to continue growth in the near future.Market Forecast
Driven by increasing demand for oxygen-function amino-compounds in Mexico, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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
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 oxygen-function amino-compound; 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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