Mexico - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMaize (Green) Price in Mexico - 2024
Contents:
- Maize (Green) Price in Mexico (FOB) - 2024
- Maize (Green) Price in Mexico (CIF) - 2024
- Maize (Green) Exports in Mexico
- Maize (Green) Imports in Mexico
Maize (Green) Price in Mexico (FOB) - 2024
The average maize (green) export price stood at $928 per ton in February 2024, standing approximately at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 an increase of 21% m-o-m. As a result, the export price attained the peak level of $1,048 per ton. From January 2024 to February 2024, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In February 2024, the country with the highest price was the United States ($928 per ton), while the average price for exports to Canada amounted to $928 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.0%).
Maize (Green) Price in Mexico (CIF) - 2024
The average maize (green) import price stood at $1,875 per ton in February 2024, increasing by 17% against the previous month. Overall, the import price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in September 2023 an increase of 33% month-to-month. Over the period under review, average import prices reached the peak figure at $2,777 per ton in March 2023; however, from April 2023 to February 2024, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2023 to February 2024, the rate of growth in terms of prices for the United States amounted to -2.6% per month.
Maize (Green) Exports in Mexico
In 2022, the amount of maize (green) exported from Mexico totaled 385K tons, increasing by 5% against 2021. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 292% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, maize (green) exports expanded remarkably to $310M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Maize (Green) in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 200 | 235 | 284 | 301 | 14.6% |
| Canada | 6.0 | 6.6 | 8.6 | 8.9 | 14.0% |
| Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Total | 206 | 242 | 293 | 310 | 14.6% |
Top Export Markets for Maize (Green) from Mexico in 2022:
- United States (158.3K tons)
- Canada (4.7K tons)
Maize (Green) Imports in Mexico
In 2022, supplies from abroad of maize (green) decreased by -39% to 3.6K tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, imports reached the peak of 5.9K tons, and then dropped sharply in the following year.
In value terms, maize (green) imports contracted markedly to $7.7M in 2022. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $11M, and then contracted significantly in the following year.
| Import of Maize (Green) in Mexico (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| United States | 9.1 | 11.4 | 7.7 | -8.0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 9.1 | 11.4 | 7.7 | -8.0% |
Top Suppliers of Maize (Green) to Mexico in 2022:
- United States (3.6K tons)
This report provides an in-depth analysis of the maize (green) 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 446 - Green Corn (Maize)
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
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283
In April 2023, the Maize price in Mexico increased by 15% to reach $957 per ton (FOB) compared to the previous month.
80
The Pumpkin exports reached a peak of 548K tons in 2021, but slightly decreased from 2022 to 2023. In terms of value, Pumpkin exports saw a slight increase to $496M in 2023.
307
In December 2022, Mexico's pumpkin export price increased by 34% to $1,105 per ton, attaining the peak level with a likely continued growth. The United States and Japan were the major external markets with the highest average price. Mexico's overseas shipments of pumpkin increased by 41% to 81K tons, primarily exported to the United States, which received 73% of total exports. Furthermore, pumpkin exports to the United States exceeded the volume sent to the second major destination, Japan, threefold.
156
Spinach exports reached a peak of 37K tons in 2021 but declined to a lower figure from 2022 to 2023, with a drop in value to $91M in 2023.
376
In April 2023, the Eggplant price in Mexico was $1,102 per ton (FOB), representing a decrease of -1.7% compared to the previous month.
349
In January 2023, the asparagus price stood at $2,191 per ton (FOB, Mexico), with a decrease of -6.2% against the previous month.
393
In April 2023, the Chili And Pepper price in Mexico was $1,659 per ton (FOB), marking a decrease of 12.2% compared to the previous month.
1313
Global maize consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1420
In 2015, the country with the largest volume of the maize output was the United States (X thousand tons), accounting for X% of global production.
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In 2020, global pumpkin imports reached $1.6B, the highest level over the past decade. The U.S. remains the largest importer of pumpkins, with a 37%-share of the total figure. Last year, Canada, the Netherlands and the UK saw the highest spikes in pumpkin purchases from abroad, while supplies to Japan have moderately reduced. In 2020, the average pumpkin import price rose by +20% compared to the previous year. Ukraine, Algeria and Italy constitute the countries with the highest per capita consumption. China, India and the U.S. feature as the largest consuming markets in 2020.
