Mexico - Sugary Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugary Soft Drink Price in Mexico - 2023
Contents:
- Sugary Soft Drink Price in Mexico (FOB) - 2023
- Sugary Soft Drink Price in Mexico (CIF) - 2023
- Sugary Soft Drink Exports in Mexico
- Sugary Soft Drink Imports in Mexico
Sugary Soft Drink Price in Mexico (FOB) - 2023
In May 2023, the average sugary soft drink export price amounted to $911 per thousand litres, which is down by -10.7% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 14% m-o-m. The export price peaked at $1.0 per litre in April 2023, and then dropped in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From May 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to +0.5% per month.
Sugary Soft Drink Price in Mexico (CIF) - 2023
The average sugary soft drink import price stood at $1.1 per litre in June 2023, growing by 7.6% against the previous month. Over the period under review, the import price posted slight growth. The pace of growth was the most pronounced in March 2023 an increase of 16% m-o-m. Over the period under review, average import prices attained the maximum in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($2.7 per litre), while the price for South Korea ($258 per thousand litres) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugary Soft Drink Exports in Mexico
In 2022, after three years of growth, there was significant decline in overseas shipments of sugary soft drinks, when their volume decreased by -38.2% to 439M litres. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. As a result, the exports attained the peak of 711M litres, and then contracted significantly in the following year.
In value terms, sugary soft drink exports rose markedly to $366M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 10%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
Export of Sugary Soft Drink in Mexico (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 293 | 311 | 343 | 365 | 7.6% |
Others | 1.5 | 1.2 | 1.1 | 0.5 | -30.7% |
Total | 294 | 312 | 344 | 366 | 7.6% |
Top Export Markets for Sugary Soft Drink from Mexico in 2022:
- United States (438.6M litres)
Sugary Soft Drink Imports in Mexico
In 2022, approx. 11M litres of sugary soft drinks were imported into Mexico; which is down by -7.2% compared with 2021 figures. Over the period under review, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports hit record highs at 13M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, sugary soft drink imports expanded markedly to $11M in 2022. In general, imports showed a drastic downturn. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Sugary Soft Drink in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.4 | 7.1 | 7.9 | 9.2 | -0.7% |
Italy | 1.7 | 1.5 | 1.0 | 0.6 | -29.3% |
France | 1.0 | 0.7 | 0.7 | 0.4 | -26.3% |
Others | 1.5 | 1.1 | 0.4 | 0.6 | -26.3% |
Total | 13.7 | 10.5 | 10.1 | 10.8 | -7.6% |
Top Suppliers of Sugary Soft Drink to Mexico in 2022:
- United States (10.4M litres)
- Italy (0.4M litres)
- France (0.3M litres)
This report provides an in-depth analysis of the sugary soft drink 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 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
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 sugary soft drink market in Mexico.
This report provides an in-depth analysis of the soft drink market in Mexico.
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This report provides an in-depth analysis of the global sugary soft drink market.
This report provides an in-depth analysis of the global soft drink market.
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
This report provides an in-depth analysis of the sugary soft drink market in Mexico.
This report provides an in-depth analysis of the soft drink market in Mexico.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Mexico.
This report provides an in-depth analysis of the global sugary soft drink market.
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