Mexico - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLettuce and Chicory Price in Mexico - 2023
Contents:
- Lettuce and Chicory Price in Mexico (FOB) - 2022
- Lettuce and Chicory Price in Mexico (CIF) - 2023
- Lettuce and Chicory Exports in Mexico
- Lettuce and Chicory Imports in Mexico
Lettuce and Chicory Price in Mexico (FOB) - 2022
In 2022, the average lettuce and chicory export price amounted to $824 per ton, growing by 2.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 50% against the previous year. The export price peaked at $1,615 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.0% per year.
Lettuce and Chicory Price in Mexico (CIF) - 2023
In August 2023, the average lettuce and chicory import price amounted to $896 per ton, standing approximately at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 62% month-to-month. The import price peaked at $1,128 per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.7% per month.
Lettuce and Chicory Exports in Mexico
In 2022, approx. 639K tons of lettuce and chicory were exported from Mexico; jumping by 33% against 2021 figures. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 88%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, lettuce and chicory exports soared to $526M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Lettuce and Chicory in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 303 | 332 | 384 | 525 | 20.1% |
Others | 3.3 | 4.8 | 2.0 | 1.9 | -16.8% |
Total | 306 | 337 | 386 | 526 | 19.8% |
Top Export Markets for Lettuce and Chicory from Mexico in 2022:
- United States (636.8K tons)
Lettuce and Chicory Imports in Mexico
In 2022, purchases abroad of lettuce and chicory decreased by -34.5% to 30K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 205%. As a result, imports reached the peak of 46K tons, and then contracted remarkably in the following year.
In value terms, lettuce and chicory imports contracted dramatically to $28M in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 144% against the previous year. As a result, imports reached the peak of $36M, and then fell rapidly in the following year.
Import of Lettuce and Chicory in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.8 | 14.8 | 36.1 | 28.0 | 21.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 15.8 | 14.8 | 36.1 | 28.0 | 21.0% |
Top Suppliers of Lettuce and Chicory to Mexico in 2022:
- United States (30.0K tons)
This report provides an in-depth analysis of the lettuce and chicory 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:
- FCL 372 - Lettuce and chicory
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, HARVESTED AREA 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
- Area Harvested, 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
This report provides an in-depth analysis of the lettuce and chicory market in Mexico.
This report provides an in-depth analysis of the global lettuce and chicory market.
This report provides an in-depth analysis of the lettuce and chicory market in Mexico.
This report provides an in-depth analysis of the global lettuce and chicory market.
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad