Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico (FOB) - 2023
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico (CIF) - 2023
  3. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico
  4. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico (FOB) - 2023

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $2,288 per ton in December 2023, falling by -26.9% against the previous month. Over the period under review, the export price, however, saw a mild expansion. The growth pace was the most rapid in September 2023 an increase of 103% m-o-m. As a result, the export price attained the peak level of $3,551 per ton. From October 2023 to December 2023, the the average 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 December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +1.6% per month.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico (CIF) - 2023

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $1,627 per ton in December 2023, waning by -3.6% against the previous month. Overall, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in March 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $3,033 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -2.0% per month.

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico

In 2022, the amount of vegetables, brassica; brussel sprouts, fresh or chilleds exported from Mexico stood at 80K tons, remaining relatively unchanged against the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds stood at $105M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States61.975.099.410519.3%
Others0.10.20.20.10.0%
Total62.075.299.610519.2%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Mexico in 2022:

  1. United States (79.8K tons)

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico

Imports of vegetables, brassica; brussel sprouts, fresh or chilleds into Mexico soared to 5.8K tons in 2022, growing by 72% against the previous year. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds surged to $13M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.2N/A6.512.6119.0%
OthersN/AN/AN/AN/A0%
Total1.2N/A6.512.6119.0%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Mexico in 2022:

  1. United States (5.8K tons)

Source: IndexBox Market Intelligence Platform

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