Mexico - Dog And Cat Food - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dog and Cat Food in Mexico - 2023
Contents:
- Price for Dog and Cat Food in Mexico (CIF) - 2023
- Price for Dog and Cat Food in Mexico (FOB) - 2023
- Imports of Dog and Cat Food in Mexico
- Exports of Dog and Cat Food in Mexico
Price for Dog and Cat Food in Mexico (CIF) - 2023
The average dog and cat food import price stood at $2,398 per ton in June 2023, approximately mirroring the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 8.5% m-o-m. The import price peaked at $2,686 per ton in November 2022; however, from December 2022 to June 2023, 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 June 2022 to June 2023, the rate of growth in terms of prices for France amounted to +2.2% per month.
Price for Dog and Cat Food in Mexico (FOB) - 2023
In June 2023, the average dog and cat food export price amounted to $1,562 per ton, shrinking by -8.3% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 8.2% month-to-month. Over the period under review, the average export prices attained the maximum at $1,703 per ton in May 2023, and then shrank in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($4,900 per ton), while the average price for exports to Panama ($1,162 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 El Salvador (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dog and Cat Food in Mexico
Dog and cat food imports into Mexico rose significantly to 73K tons in 2022, increasing by 11% on the previous year. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, dog and cat food imports soared to $174M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Dog and Cat Food in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 104 | 101 | 123 | 150 | 13.0% |
Canada | 12.8 | 16.3 | 14.9 | 18.1 | 12.2% |
France | 4.4 | 5.5 | 4.6 | 5.5 | 7.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 121 | 123 | 143 | 174 | 12.9% |
Top Suppliers of Dog and Cat Food to Mexico in 2022:
- United States (56.1K tons)
- Canada (15.4K tons)
- France (1.7K tons)
Exports of Dog and Cat Food in Mexico
In 2022, approx. 60K tons of dog and cat food were exported from Mexico; with an increase of 5.1% against the previous year's figure. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, dog and cat food exports soared to $91M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Dog and Cat Food in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.1 | 15.8 | 13.4 | 35.3 | 24.9% |
Guatemala | 9.9 | 12.3 | 11.8 | 26.8 | 39.4% |
Panama | 4.7 | 5.3 | 8.2 | 18.7 | 58.5% |
Colombia | 2.2 | 3.4 | 1.8 | 5.6 | 36.5% |
Dominican Republic | 2.0 | 2.3 | 2.0 | 4.7 | 33.0% |
Costa Rica | 10.1 | N/A | 15.5 | N/A | 23.9% |
El Salvador | N/A | 5.6 | 8.0 | N/A | 42.9% |
Others | 0.5 | 0.2 | 2.5 | 0.2 | -26.3% |
Total | 47.5 | 44.9 | 63.4 | 91.3 | 24.3% |
Top Export Markets for Dog and Cat Food from Mexico in 2022:
- Guatemala (24.2K tons)
- Panama (16.4K tons)
- United States (12.8K tons)
- Dominican Republic (4.2K tons)
- Colombia (2.7K tons)
This report provides an in-depth analysis of the market for dog and cat food 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 10921030 - Dog or cat food, p.r.s.
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 market for dog and cat food in Mexico.
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