Mexico - Spirits, Liqueurs And Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpirits and Liqueurs Price in Mexico - 2023
Contents:
- Spirits and Liqueurs Price in Mexico (FOB) - 2022
- Spirits and Liqueurs Price in Mexico (CIF) - 2023
- Spirits and Liqueurs Exports in Mexico
- Spirits and Liqueurs Imports in Mexico
Spirits and Liqueurs Price in Mexico (FOB) - 2022
The average spirits and liqueurs export price stood at $13 per litre in 2022, picking up by 52% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 an increase of 103% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 +10.0% per year.
Spirits and Liqueurs Price in Mexico (CIF) - 2023
The average spirits and liqueurs import price stood at $6.1 per litre in June 2023, rising by 9.5% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 27% month-to-month. Over the period under review, average import prices reached the maximum at $7.0 per litre in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($11.6 per litre), while the price for Guatemala ($3.3 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spirits and Liqueurs Exports in Mexico
In 2022, spirits and liqueurs exports from Mexico amounted to 402M litres, rising by 5.8% against the year before. In general, exports, however, recorded a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 597M litres. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spirits and liqueurs exports surged to $5.1B in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Spirits and Liqueurs in Mexico (Billion USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.6 | 2.2 | 2.9 | 4.6 | 42.2% |
Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
Total | 1.9 | 2.4 | 3.2 | 5.1 | 39.0% |
Top Export Markets for Spirits and Liqueurs from Mexico in 2022:
- United States (349.4M litres)
Spirits and Liqueurs Imports in Mexico
In 2022, spirits and liqueurs imports into Mexico surged to 85M litres, jumping by 53% against the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% 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 +86.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spirits and liqueurs imports surged to $335M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $340M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Spirits and Liqueurs in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 190 | 111 | 146 | 189 | -0.2% |
Spain | 62.7 | 44.4 | 48.6 | 65.9 | 1.7% |
United States | 31.2 | 28.9 | 31.8 | 41.3 | 9.8% |
France | 19.2 | 9.7 | 9.6 | 16.3 | -5.3% |
Ireland | 15.2 | 11.4 | 3.2 | 12.6 | -6.1% |
Others | 21.6 | 11.8 | 8.0 | 9.8 | -23.2% |
Total | 340 | 217 | 247 | 335 | -0.5% |
Top Suppliers of Spirits and Liqueurs to Mexico in 2022:
- United Kingdom (47.7M litres)
- United States (17.3M litres)
- Spain (13.5M litres)
- Ireland (2.4M litres)
- France (1.7M litres)
This report provides an in-depth analysis of the spirits and liqueurs 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 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)
- Prodcom 11011030 - Whisky (important: excluding alcohol duty)
- Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)
- Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)
- Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)
- Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))
- Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)
- Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)
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 spirits and liqueurs market in Mexico.
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in Mexico.
This report provides an in-depth analysis of the grape wine spirits market in Mexico.
This report provides an in-depth analysis of the whisky market in Mexico.
This report provides an in-depth analysis of the rum market in Mexico.
This report provides an in-depth analysis of the gin and geneva market in Mexico.
This report provides an in-depth analysis of the global spirits and liqueurs market.
This report provides an in-depth analysis of the global market for spirits, liqueurs and other spirituous beverages.
This report provides an in-depth analysis of the global grape wine spirits market.
This report provides an in-depth analysis of the global whisky market.
As of April 2023, the price of Spirits And Liqueurs was $9.1 per litre (FOB, Mexico), showing a 2.2% growth compared to the previous month.
In April 2023, the price of Gin And Geneva was $6.1 per litre (CIF, Mexico), experiencing a decrease of 7.9% compared to the previous month.
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
Explore the top import markets for spirits, liqueurs, and other alcoholic beverages, including key statistics and import values. Discover the demand and trends in countries such as the United States, Germany, United Kingdom, and more. Gain valuable insights for producers and exporters in the global market.
Explore the world's best import markets for grape wine spirits with key statistics and insights. Learn about the top countries and their import values. Discover opportunities for wine producers and exporters.
This article explores the world's best import markets for whisky, including the United States, France, Singapore, the Netherlands, Germany, Taiwan, China, Japan, Australia, and Spain. It highlights their growing demand for whisky, the popularity of different styles and brands, and the emergence of whisky culture in these countries. The IndexBox market intelligence platform provides valuable data and insights for businesses operating in the whisky market.
Explore the top import markets for rum worldwide and discover the cultural preferences, consumer trends, and cocktail cultures that contribute to the popularity of rum in these countries.
As of April 2023, the price of Spirits And Liqueurs was $9.1 per litre (FOB, Mexico), showing a 2.2% growth compared to the previous month.