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Mexico - Fresh or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024
Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Mexico
The Mexican market for fresh or chilled pig meat other than cuts or carcases shrank modestly to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in Mexico
In value terms, production of fresh or chilled pig meat other than cuts or carcases dropped modestly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 41%. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Exports from Mexico
In 2022, shipments abroad of fresh or chilled pig meat other than cuts or carcases increased by 28% to X tons, rising for the third consecutive year after three years of decline. Overall, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 110%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases skyrocketed to $X in 2022. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Exports by Country
Japan (X tons) was the main destination for exports of fresh or chilled pig meat other than cuts or carcases from Mexico, with a 69% share of total exports. Moreover, exports of fresh or chilled pig meat other than cuts or carcases to Japan exceeded the volume sent to the second major destination, the United States (X tons), threefold.
From 2012 to 2022, the average annual growth rate of volume to Japan totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.2% per year) and South Korea (+7.2% per year).
In value terms, Japan ($X) remains the key foreign market for fresh or chilled pig meat other than cuts or carcases exports from Mexico, comprising 70% of total exports. The second position in the ranking was held by the United States ($X), with a 20% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.5% per year) and South Korea (+9.8% per year).
Export Prices by Country
In 2022, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, with an increase of 3.4% against the previous year. Overall, the export price, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.4%), while the prices for the other major destinations experienced a decline.
Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Imports into Mexico
In 2022, imports of fresh or chilled pig meat other than cuts or carcases into Mexico surged to X tons, growing by 29% on the previous year's figure. In general, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 55%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases surged to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +125.6% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Imports by Country
In 2022, the United States (X tons) constituted the largest supplier of fresh pork other than cuts or carcases to Mexico, accounting for a 72% share of total imports. Moreover, imports of fresh or chilled pig meat other than cuts or carcases from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold.
From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +3.1%.
In value terms, the United States ($X) constituted the largest supplier of fresh or chilled pig meat other than cuts or carcases to Mexico, comprising 73% of total imports. The second position in the ranking was held by Canada ($X), with a 27% share of total imports.
From 2012 to 2022, the average annual growth rate of value from the United States totaled +4.0%.
Import Prices by Country
In 2022, the average import price for fresh or chilled pig meat other than cuts or carcases amounted to $X per ton, with an increase of 9.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.8%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases 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 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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