Frozen Strawberries Price in Mexico - 2023
Contents:
- Frozen Strawberries Price in Mexico (FOB) - 2023
- Frozen Strawberries Price in Mexico (CIF) - 2023
- Frozen Strawberries Exports in Mexico
- Frozen Strawberries Imports in Mexico
Frozen Strawberries Price in Mexico (FOB) - 2023
The average frozen strawberries export price stood at $1,944 per ton in June 2023, flattening at the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 21% month-to-month. As a result, the export price reached the peak level of $2,535 per ton. From November 2022 to June 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was the United States ($1,944 per ton), while the average price for exports to Canada stood at $1,944 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.6%).
Frozen Strawberries Price in Mexico (CIF) - 2023
In June 2023, the average frozen strawberries import price amounted to $2,446 per ton, declining by -8.4% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 128% month-to-month. As a result, import price attained the peak level of $6,570 per ton. From May 2023 to June 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +11.3% per month.
Frozen Strawberries Exports in Mexico
In 2022, after three years of growth, there was significant decline in overseas shipments of frozen strawberrieses, when their volume decreased by -11.9% to 88K tons. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of 100K tons, and then contracted in the following year.
In value terms, frozen strawberries exports declined modestly to $189M in 2022. The total export value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports reached the peak of $197M, and then dropped in the following year.
| Export of Frozen Strawberries in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 136 | 164 | 193 | 185 | 10.8% |
| Canada | 8.3 | 4.0 | 3.9 | 4.0 | -21.6% |
| Others | 0.3 | 0.5 | 0.2 | N/A | -18.4% |
| Total | 145 | 169 | 197 | 189 | 9.2% |
Top Export Markets for Frozen Strawberries from Mexico in 2022:
- United States (86.4K tons)
- Canada (1.9K tons)
Frozen Strawberries Imports in Mexico
For the third year in a row, Mexico recorded decline in purchases abroad of frozen strawberrieses, which decreased by -36.2% to 583 tons in 2022. Overall, imports faced a precipitous shrinkage. The smallest decline of -31.3% was in 2020.
In value terms, frozen strawberries imports shrank dramatically to $1.6M in 2022. Over the period under review, imports recorded a dramatic decrease. The smallest decline of -15.9% was in 2021.
| Import of Frozen Strawberries in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.1 | 1.4 | 0.1 | 1.2 | 128.9% |
| United States | 3.1 | 1.2 | 2.0 | 0.4 | -49.5% |
| Peru | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 2.6 | 2.2 | 1.6 | -23.7% |
Top Suppliers of Frozen Strawberries to Mexico in 2022:
- Chile (459.5 tons)
- United States (123.5 tons)
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