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Mexico - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Mexico - 2023
Contents:
- Preserved Tuna Price in Mexico (FOB) - 2023
- Preserved Tuna Price in Mexico (CIF) - 2022
- Preserved Tuna Exports in Mexico
- Preserved Tuna Imports in Mexico
Preserved Tuna Price in Mexico (FOB) - 2023
The average preserved tuna export price stood at $4,589 per ton in June 2023, remaining constant against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in November 2022 an increase of 23% m-o-m. As a result, the export price reached the peak level of $4,721 per ton. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +1.3% per month.
Preserved Tuna Price in Mexico (CIF) - 2022
The average preserved tuna import price stood at $4,924 per ton in 2022, surging by 20% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. Over the period under review, average import prices reached the maximum at $6,347 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($14,222 per ton), while the price for China totaled $4,758 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.4%).
Preserved Tuna Exports in Mexico
In 2022, the amount of tuna (prepared or preserved) exported from Mexico soared to 17K tons, surging by 27% on 2021 figures. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 125%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, preserved tuna exports soared to $69M in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 105% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Preserved Tuna in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 25.6 | 62.9 | 45.3 | 68.5 | 38.8% |
Venezuela | 4.6 | N/A | N/A | N/A | 0% |
Others | 0.5 | 0.3 | 0.8 | 0.3 | -15.7% |
Total | 30.8 | 63.2 | 46.1 | 68.7 | 30.7% |
Top Export Markets for Preserved Tuna from Mexico in 2022:
- United States (17.2K tons)
Preserved Tuna Imports in Mexico
In 2022, overseas purchases of tuna (prepared or preserved) decreased by -18.7% to 6.2K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. As a result, imports attained the peak of 9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved tuna imports dropped modestly to $30M in 2022. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 61%. As a result, imports attained the peak of $43M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Preserved Tuna in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.8 | 41.2 | 29.0 | 28.9 | 5.2% |
Spain | 1.9 | 1.8 | 2.1 | 1.5 | -7.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 26.7 | 43.0 | 31.1 | 30.5 | 4.5% |
Top Suppliers of Preserved Tuna to Mexico in 2022:
- China (6.1K tons)
- Spain (0.1K tons)
This report provides an in-depth analysis of the preserved tuna 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 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
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
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In May 2023, the growth rate was at its highest as exports surged by 61% compared to the previous month. However, in June 2023, the value of preserved tuna exports declined significantly to $4.4M.
In August 2023, imports of Preserved Anchovies reached a peak of 9.2 tons before experiencing a sharp decline. The value of these imports notably decreased to $105K.
In September 2022, the growth rate of preserved sardines was exceptionally high, experiencing a remarkable increase of 16,968% compared to the previous month. The value of imported preserved sardines also witnessed a significant surge, reaching $1.3M by June 2023.
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
In May 2023, the growth rate was at its highest as exports surged by 61% compared to the previous month. However, in June 2023, the value of preserved tuna exports declined significantly to $4.4M.
In August 2023, imports of Preserved Anchovies reached a peak of 9.2 tons before experiencing a sharp decline. The value of these imports notably decreased to $105K.
In September 2022, the growth rate of preserved sardines was exceptionally high, experiencing a remarkable increase of 16,968% compared to the previous month. The value of imported preserved sardines also witnessed a significant surge, reaching $1.3M by June 2023.
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.