Mexico - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCereal Flour Price in Mexico - 2023
Contents:
- Cereal Flour Price in Mexico (FOB) - 2023
- Cereal Flour Price in Mexico (CIF) - 2023
- Cereal Flour Exports in Mexico
- Cereal Flour Imports in Mexico
Cereal Flour Price in Mexico (FOB) - 2023
The average cereal flour export price stood at $846 per ton in June 2023, growing by 2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 10% against the previous month. Over the period under review, the average export prices hit record highs at $854 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was Cuba ($931 per ton), while the average price for exports to Guatemala ($623 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%), while the prices for the other major destinations experienced a decline.
Cereal Flour Price in Mexico (CIF) - 2023
In June 2023, the average cereal flour import price amounted to $901 per ton, with a decrease of -6.3% against the previous month. Over the period under review, the import price recorded a mild downturn. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 18% month-to-month. Over the period under review, average import prices reached the peak figure at $1,210 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($1,032 per ton), while the price for the United States amounted to $898 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (-0.7%).
Cereal Flour Exports in Mexico
Cereal flour exports from Mexico rose sharply to 269K tons in 2022, with an increase of 8.2% compared with the previous year. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 453% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, cereal flour exports rose notably to $150M in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 552% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
Export of Cereal Flour in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.7 | 130 | 102 | 112 | 211.7% |
Venezuela | 5.7 | 0.1 | 24.3 | 26.7 | 67.3% |
Guatemala | 9.7 | 8.0 | 6.5 | 7.5 | -8.2% |
Belize | 1.5 | 2.5 | 2.7 | 2.9 | 24.6% |
Others | 1.3 | 1.9 | 1.2 | 0.2 | -46.4% |
Total | 21.8 | 142 | 137 | 150 | 90.2% |
Top Export Markets for Cereal Flour from Mexico in 2022:
- United States (193.9K tons)
- Venezuela (52.4K tons)
- Guatemala (16.4K tons)
- Belize (6.3K tons)
Cereal Flour Imports in Mexico
In 2022, the amount of cereal flours imported into Mexico rose sharply to 204K tons, increasing by 7.3% compared with the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 7.4% against the previous year. As a result, imports reached the peak of 216K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal flour imports rose sharply to $121M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Cereal Flour in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 106 | 118 | 110 | 120 | 4.2% |
Others | 0.7 | 0.9 | 1.2 | 1.2 | 19.7% |
Total | 107 | 119 | 111 | 121 | 4.2% |
Top Suppliers of Cereal Flour to Mexico in 2022:
- United States (202.9K tons)
This report provides an in-depth analysis of the cereal flour 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 10612100 - Wheat or meslin flour
- Prodcom 10612200 - Cereal flours (excluding wheat or meslin)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the cereal flour market in Mexico.
This report provides an in-depth analysis of the non-wheat flour market in Mexico.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in Mexico.
This report provides an in-depth analysis of the non-wheat flour market in Mexico.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.