Mexico - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMexico's Frozen Pork Cut Price Skyrocket 14%, Averaging $4,285 per Ton
Mexico Frozen Pork Cut Export Price in November 2022
In November 2022, the frozen pork cut price amounted to $4,285 per ton (FOB, Mexico), surging by 14% against the previous month. In general, export price indicated a perceptible expansion from January 2022 to November 2022: its price increased at an average monthly rate of +4.1% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, frozen pork cut export price decreased by -3.9% against July 2022 indices. The pace of growth was the most pronounced in March 2022 when the average export price increased by 109% against the previous month. As a result, the export price attained the peak level of $4,638 per ton. From April 2022 to November 2022, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From January 2022 to November 2022, the rate of growth in terms of prices for the United States amounted to +17.1% per month.
Mexico Frozen Pork Cut Exports
In November 2022, shipments abroad of frozen hams, shoulders and cuts of pig meat decreased by -12.7% to 49 tons, falling for the second consecutive month after two months of growth. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in April 2022 with an increase of 269% against the previous month. As a result, the exports attained the peak of 272 tons. From May 2022 to November 2022, the growth of the exports failed to regain momentum.
In value terms, frozen pork cut exports dropped modestly to $211K (IndexBox estimates) in November 2022. In general, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in April 2022 with an increase of 185% month-to-month. As a result, the exports reached the peak of $976K. From May 2022 to November 2022, the growth of the exports remained at a somewhat lower figure.
Mexico Frozen Pork Cut Exports by Country
Japan (49 tons) was the main destination for frozen pork cut exports from Mexico, accounting for a approximately 100% share of total exports. From January 2022 to November 2022, the average monthly rate of growth in terms of volume to Japan totaled +1.5%.
In value terms, Japan ($211K) also remains the key foreign market for frozen pork cut exports from Mexico. From January 2022 to November 2022, the average monthly rate of growth in terms of value to Japan stood at +1.5%.
Pork Market Overview
Pork is a popular meat in Mexico, and its consumption has been growing steadily in recent years. This is due to the growing population and the changing dietary habits of Mexicans, who are increasingly opting for protein-rich diets. Pork is an excellent source of protein and is also relatively affordable, which makes it a popular choice among consumers.
Frozen pork cuts offer several benefits over fresh pork, such as longer shelf life, convenience, and easy storage. These factors are expected to drive the growth of the frozen pork cut market in Mexico during the forecast period.
Mexican pork production has traditionally been geared towards the domestic market, but in recent years exports have become increasingly important. The Mexican pork sector has undergone significant changes in recent years. Pork production has shifted from small-scale family farms to larger commercial operations, and there has been a consolidation of the industry into a handful of large companies.
This report provides an in-depth analysis of the frozen pork cut 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 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
